$458,000

16211 Downey Ave Unit 35 Paramount, CA 90723

$5,439
Closing credit¹
1 bed
1 full
750 sqft
7.6 acres
$611 / sqft
Condo

Property details

About 16211 Downey Ave Unit 35

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!

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air, Dual
Size750 sqft
Lot size7.5699 Acres
Year built1981
ParkingCarport
MLS #PW25055909
Garage2 spaces
FireplaceLiving Room
ViewPark, Creek/Stream

Summary

  • MLS Number: PW25055909
  • MLS Name: CRMLS
  • Office Name: The Foster Company
  • Office Phone: (562) 895-4151
  • Listing Agent: Ingrid Hooker

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living area with lofted ceiling, wood finished floors, baseboards, and a tile fireplace

$458,000

16211 Downey Ave Unit 35

$5,439

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 19, 2024
Home Sold
$424,000
Apr 03, 2018
Home Sold
$265,000
Apr 01, 2016
Home Sold
$208,000
Oct 22, 2012
Home Sold
$90,000
Feb 15, 2000
Home Sold
$70,000
Feb 14, 1992
Home Sold
$99,000

Tax history

YearAssessmentProperty Tax
2024$295,608$4,013
2023$289,813$3,939
2022$284,132$3,834
2021$278,561$3,747
2020$275,705$3,840
2019$270,300$3,001
2018$216,402$2,908
2017$212,160$2,908

History based on county public records data.

Nearby schools

3

Mokler Elementary School

Public District KG-5

0.4 mi

8571 Flower Ave

5

Jefferson Elementary School

Public District KG-5

0.5 mi

8600 Jefferson St

6

Lincoln Elementary School

Public District KG-5

0.6 mi

15324 CA Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $51,653. The majority of Paramount, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

33%
<35k
54%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

38%
Single, No Kids
18%
Single, with Kids
13%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16211 Downey Ave Unit 35

This home is located at 16211 Downey Ave Unit 35 in Paramount, CA and zip code 90723 in the The Southeast neighborhood. This 750 square foot home, which was built in 1981, sits on a 7.57 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $458,000.

Over 7 listings were sold over their listed price in February 2025 in Paramount, CA. In the same period over 1 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Paramount, CA increased by 17.2% between January and February 2025. The median list price of listings available in February 2025 was $645,000, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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