16211 Downey Ave Unit 68 Paramount, CA 90723
Estimated payment $2,855/month
Highlights
- 7.57 Acre Lot
- Tennis Courts
- Central Heating and Cooling System
- Community Pool
- Laundry Room
About This Home
Discover 16211 Downey Ave #68 in Paramount, CA 90723, tucked inside the highly sought-after Lake Terrace community—an area celebrated for its peaceful lake views and welcoming atmosphere. This thoughtfully crafted one-bedroom, one-bath residence delivers exceptional convenience, positioned just moments from shopping, major freeways, and a variety of local amenities. Inside, you’ll find an airy layout highlighted by high ceilings and a comfortable open-concept design that makes the home feel spacious and bright. Generous closet space ensures all your belongings have a place, helping maintain a clean and organized environment. The private patio is the perfect retreat, offering serene, picturesque views of the lake—an ideal spot to relax any time of day. Adding to the unit’s appeal is a dedicated indoor washer and dryer area, providing the privacy and ease of in-home laundry, with no need for shared facilities. You’ll also enjoy the benefit of two parking spaces—one covered and one uncovered—offering flexibility and peace of mind.
Whether you’re a first-time buyer or simply looking for a comfortable, well-located home, this condo offers an exceptional blend of practicality and charm. Opportunities like this don’t last long—reach out today to schedule your tour or request more details.
Listing Agent
The Kasa Agency Inc. Brokerage Phone: 626-425-0112 License #02115021 Listed on: 12/05/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1981
HOA Fees
- $345 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 776 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Additional Features
- Two or More Common Walls
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 39226
- Assessor Parcel Number 7103016077
- $433 per year additional tax assessments
Community Details
Overview
- 132 Units
- Lake Terrace Association, Phone Number (562) 531-1955
- California Condo Management HOA
Amenities
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,703 | $397,800 | $244,596 | $153,204 |
| 2024 | $2,703 | $194,139 | $37,429 | $156,710 |
| 2023 | $2,653 | $190,334 | $36,696 | $153,638 |
| 2022 | $2,581 | $186,603 | $35,977 | $150,626 |
| 2021 | $2,520 | $182,945 | $35,272 | $147,673 |
| 2019 | $2,573 | $177,521 | $34,227 | $143,294 |
| 2018 | $2,403 | $174,041 | $33,556 | $140,485 |
| 2016 | $2,161 | $167,285 | $32,254 | $135,031 |
| 2015 | $2,043 | $164,773 | $31,770 | $133,003 |
| 2014 | $2,091 | $161,546 | $31,148 | $130,398 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $440,000 | 0.0% | $567 / Sq Ft | |
| 12/17/2025 12/17/25 | Pending | -- | -- | -- | |
| 12/05/2025 12/05/25 | For Sale | $440,000 | +12.8% | $567 / Sq Ft | |
| 02/26/2024 02/26/24 | Sold | $390,000 | 0.0% | $503 / Sq Ft | View Prior Sale |
| 02/09/2024 02/09/24 | Pending | -- | -- | -- | |
| 02/05/2024 02/05/24 | Off Market | $390,000 | -- | -- | |
| 01/29/2024 01/29/24 | For Sale | $325,000 | -- | $419 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Orange Coast Title | |
| Grant Deed | $390,000 | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $169,700 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25271688
APN: 7103-016-077
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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