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16211 Downey Avenue Unit 35

Paramount, CA 90723

1 bed
1 bath
750 sqft
~8 acre lot
$610 per sqft
1981 build
– on site

Beautiful, high-ceiling, one-bedroom condo in the Resort-Style, gated community of Lake Terrace in the City of Paramount. Enjoy the peaceful sound of running streams throughout the complex. This is a large top-floor condo with views of the greenery, streams, and pool. Upon entering the home, you step into the spacious living room, filled with natural light highlighted by panoramic windows and a warm, welcoming fireplace. The living room seamlessly flows into the formal dining area. The kitchen offers plenty of cabinetry, granite countertops, and a breakfast nook that opens to the living room, creating a seamless open floor plan. Direct access to the large balcony from the living room allows you to host and enjoy the outdoor space with family and friends. The master bedroom features high ceilings, ample storage including two closets, and private access to the bathroom. Washer and Dryer are located within the unit. The HOA is in the process of upcoming updates, including the renovation of the roof, stucco, and siding, as well as the installation of solar panel carports. Additional improvements include a full deck replacement, upgrades to all stairs and balconies, and fob access to both gates. This unit comes with two assigned parking spaces, one of which is covered, and additional guest parking is readily available. The sales price includes all appliances. Enjoy exclusive access to a key fob-entry mailroom and refreshing pool within the community. This condo has been meticulously maintained and is fully turn-key. Welcome home!

Listed By CRMLS_CA / Ingrid Hooker / The Foster Company / 562-895-4151

Last checked: Checking… • Last updated Mar 15, 2025 •

MLS# PW25055909 —

The Building

Year Built:

1981
Year Built Source:

Public Records
New Construction:

No
Total Number Of Units:

118
Unit Number:

35
Structure Type:

House
Stories Total:

2
Entry Level:

2
Common Walls:

1 Common Wall, End Unit

Interior

Features:

Balcony, Beamed Ceilings, High Ceilings, Living Room Deck Attached
Levels:

One
Entry Location:

Upstairs
Room Type:

All Bedrooms Up
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Dryer Included, In Closet, Washer Included
Laundry:

1

Room Dimensions

Living Area:

750.00

Location

Directions:

Major cross streets Paramount and Downey Ave.
Latitude:

33.88638900
Longitude:

-118.15238900

The Property

Property Type:

Residential
Subtype:

Condominium
Zoning:

PARM*
Lot Size Area:

329744.0000
Lot Size Acres:

7.5699
Lot Size SqFt:

329744.00
Lot Size Source:

Assessor
View:

1
View:

Creek/Stream, Park/Greenbelt
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5539.02
Tax Tract:

39226
Tax Lot:

1

Beds

Total Bedrooms:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Bathroom Features:

Bathtub, Shower in Tub, Granite Counters
Full & Three Quarter Baths:

1
Main Level Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7103016044

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air, Dual

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas Range, Refrigerator
Included:

Yes

Schools

High School District:

Paramount Unified

The Community

Units in the Community:

118
Features:

Sidewalks, Street Lights, Suburban
Association Amenities:

Pickleball, Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Sport Court, Clubhouse, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Maintenance Front Yard
Association:

Lake Terrace
Association:

Yes
Association Fee:

$414
Association Fee Frequency:

Monthly
Pool:

Association
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

4.00
Attached Garage:

No
Garage Spaces:

2.00
Uncovered Spaces:

1.00
Carport Spaces:

1.00
Remotes:

2

Monthly cost estimate

Asking price

$458,000

Expense	Monthly cost
Mortgage	$2,452
Taxes	N/A
Insurance	$125
HOA fees	$414
Utilities	$110 See report
Total	$3,101/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
3/13/25 Mar 13, 2025	Listed / Active	CRMLS_CA	$458,000	8.0% (7.0% / YR)
1/19/24 Jan 19, 2024		CRMLS_CA	$424,000	4.7%
12/21/23 Dec 21, 2023		CRMLS_CA	$405,000

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This condo located in Southeast La, Paramount, CA 90723 is currently for sale for $458,000. 16211 Downey Avenue Unit 35 is a 750 square foot condo with 1 bed and 1 bath that has been on Estately for 4 days. 16211 Downey Avenue Unit 35 is in the Southeast La neighborhood of Paramount and has a WalkScore® of 84, making it very walkable. This condo is in the attendance area of Paramount High School - Senior Campus, Alondra Middle School, Paramount High School West Campus, Lincoln Elementary School, and Buena Vista High School.

Listing Courtesy of: CRMLS_CA and The Foster Company. Based on information from California Regional Multiple Listing Service, Inc. as of 06:44 on Mar 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.