$469,000

16211 Downey Ave Unit 73 Paramount, CA 90723

$5,569
Closing credit¹
1 bed
1 full
804 sqft
7.6 acres
$583 / sqft
Condo

Property details

About 16211 Downey Ave Unit 73

Step into comfort and style in this beautifully updated 1-bedroom, 1-bath condo located in the tranquil Lake Terrace community in Paramount. This upper-level unit features vaulted ceilings, an open floor plan, and plenty of natural light, creating a bright and welcoming space. Enjoy cozy evenings by the fireplace in the spacious living room and cook with ease in the tastefully remodeled kitchen, complete with modern finishes, updated maplewood cabinetry, and plenty of space in the kitchen for a breakfast nook. Additional comforts include in-unit laundry and a large private patio, ideal for relaxing or entertaining. The home includes two assigned parking spots and is surrounded by beautifully landscaped grounds. Residents of Lake Terrace enjoy access to a sparkling community pool, perfect for cooling off on warm California days. Conveniently located near shopping, dining, and major freeways, this move-in-ready condo offers comfort, style, and convenience in a peaceful setting.

Highlights

Home typeCondominium
HeatingCentral, Fireplace(s)
StatusActive
CoolingCentral Air
Size804 sqft
Lot size7.5699 Acres
Year built1981
ParkingAssigned, Covered, Carport, Guest
MLS #DW25099514
WaterfrontPond, Stream
FireplaceFree Standing, Gas, Living Room
ViewMeadow, Trees/Woods

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Cooktop, Gas Oven, Gas Range
  • Flooring Type: Laminate, Tile
  • Interior: Balcony, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Bedroom on Main Level, Walk-In Closet(s)
  • Fireplace: Free Standing, Gas, Living Room
  • Total Bedroom Count: 1
  • Private Pool: No
  • Parking: Assigned, Covered, Carport, Guest
  • Waterfront: Pond, Stream
  • View: Meadow, Trees/Woods
  • Architectural Style: Traditional
  • Heating: Central, Fireplace(s)
  • Cooling: Central Air
  • List Price: $469,000
  • Price/SqFt: $583
  • HOA Amount: $414
  • HOA Frequency: Monthly
  • Annual Tax Amount: $3,990
  • Tax Year: 2024
  • Lot: Greenbelt, Paved
  • Directions: Downey, South of Alondra
  • Year Built: 1981
  • Stories: 1
  • Living Area: 804 SqFt
  • Lot Size: 7.5699 Acres
  • MLS Number: DW25099514
  • MLS Name: CRMLS
  • Office Name: Pak Home Realty
  • Office Email: HomesbyMaryRobles@gmail.com
  • Listing Agent: Mary Robles

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: 5/10/2025, 7:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$469,000

16211 Downey Ave Unit 73

$5,569

closing credit¹

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Price information

Property sales

DateEventPrice
Feb 01, 2018
Home Sold
$263,000

Tax history

YearAssessmentProperty Tax
2024$293,374$3,990
2023$287,623$3,917
2022$281,985$3,811
2021$276,457$3,725
2020$273,624$3,817
2019$268,260$2,378
2018$164,897$2,305
2017$161,664$2,305

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. Most Paramount, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

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 73

The listing price of 16211 Downey Ave Unit 73 property is $469,000.

The property 16211 Downey Ave Unit 73 is a condo located in Paramount, California, 90723.

Active Listing: 16211 Downey Ave Unit 73 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16211 Downey Ave Unit 73 are: Mokler Elementary School (GreatSchools Rating 3/10), Jefferson Elementary School (GreatSchools Rating 5/10), Lincoln Elementary School (GreatSchools Rating 6/10), Alondra Middle School (GreatSchools Rating 6/10), Paramount Park Middle School (GreatSchools Rating 6/10), Jackson Middle School (GreatSchools Rating 5/10), Somerset Continuation High School (GreatSchools Rating 2/10), Paramount High School (GreatSchools Rating 5/10), Thurgood Marshall (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $3,990 (source: MLS/based on county public records data).

The last sale was on February 1, 2018 for $263,000 (source: MLS/tax record).

The property at 16211 Downey Ave Unit 73 has 1 bedroom and 1 bathroom.

The property 16211 Downey Ave Unit 73 is 804 SqFt (source: MLS/tax record).

The year of construction for 16211 Downey Ave Unit 73 is 1981.

This home is located at 16211 Downey Ave Unit 73 in Paramount, CA and zip code 90723 in the The Southeast neighborhood. This 804 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 May 8, 2025 and is currently priced at $469,000.

In April 2025 more than 4 listings in Paramount, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 2 were sold below. The number of listings in Paramount, CA increased by 17.1% between March and April 2025. Listings spent 24 days on the market in April 2025, and had a median list price of $575,000 during the same period.

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

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