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For sale
  • Listing Provided by: 

    Andrew Romo DRE #02115021 626-425-0112,

    The Kasa Agency Inc.

    $440,000

    16211 Downey Ave UNIT 68, Paramount, CA 90723

    1beds
    776sqft
    : 
    Condominium
    Built in 1981
    -- sqft lot
    $437,500 Zestimate®
    $567/sqft
    $345/mo HOA

    What's special

    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.
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    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 11:12am

    Listing Provided by:

    Andrew Romo DRE #02115021 626-425-0112,

    The Kasa Agency Inc.

    Source: CRMLS,MLS#: CV25271688MLS LogoOriginating MLS: California Regional MLS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • All Bedrooms Down
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 776 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: Community, Association
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7.57 Acres
    Details
    • Parcel number: 7103016077
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $345 monthly
    • HOA name: Lake Terrace
    • HOA phone: 562-531-1955
    Location
    • Region: Paramount

    Financial & listing details

    • Price per square foot: $567/sqft
    • Tax assessed value: $397,800
    • Annual tax amount: $5,312
    • Date on market: 12/5/2025
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value

    $437,500

    $416,000 - $459,000

    $2,119/mo

    Price history

    Price history
    DateEventPrice
    12/6/2025Listed for sale$440,000+12.8%$567/sqft
    Source: CRMLS #CV25271688 Report a problem
    2/26/2024Sold$390,000+20%$503/sqft
    Source: CLAW #24-352703 Report a problem
    2/20/2024Pending sale$325,000$419/sqft
    Source: CLAW #24-352703 Report a problem
    2/5/2024Listing removed--
    Source: CLAW #24-352703 Report a problem
    1/29/2024Listed for sale$325,000$419/sqft
    Source: CLAW #24-352703 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$5,312 +96.6%$397,800 +104.9%
    2024$2,703 +1.9%$194,139 +2%
    2023$2,653 +2.8%$190,334 +2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,042/mo
    Principal & interest
    $2118
    Property taxes
    $425
    Other costs
    $499

      Climate risks

      Neighborhood: 90723

      Nearby schools

      GreatSchools rating

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