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.
Sold for $469,000 on 06/24/25
Listing Provided by:
Mary Robles DRE #01475328 HomesbyMaryRobles@gmail.com,
Pak Home Realty
$469,000
16211 Downey Ave UNIT 73, Paramount, CA 90723
1beds
804sqft
Condominium
Built in 1981
-- sqft lot
$467,400 Zestimate®
$583/sqft
$2,150 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 06:24pm
Listing Provided by:
Mary Robles DRE #01475328 HomesbyMaryRobles@gmail.com,
Pak Home Realty
Bought with:
Vital Lourenco, DRE #01422570
Borba Investment Realty
Source: CRMLS,MLS#: DW25099514
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Separate Shower
Kitchen
- Features: Built-in Trash/Recycling, Quartz Counters, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Oven, Gas Range
- Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
Features
- Balcony, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Bedroom on Main Level, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Blinds, Screens
- Has fireplace: Yes
- Fireplace features: Free Standing, Gas, Living Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 804 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Covered, Carport, Guest
- Carport spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: Parking
Features
- Levels: One
- Stories: 1
- Entry location: Upstairs
- Patio & porch: Open, Patio
- Pool features: Community, In Ground, Association
- Has spa: Yes
- Spa features: Association, Community, In Ground
- Fencing: Brick
- Has view: Yes
- View description: Meadow, Trees/Woods
- Waterfront features: Pond, Stream
Lot
- Size: 7.57 Acres
- Features: 0-1 Unit/Acre, Greenbelt, Paved
Details
- Additional structures: Tennis Court(s)
- Parcel number: 7103016082
- Zoning: PARM*
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: None
- Roof: Other
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Water Connected
Community & neighborhood
Security
- Security features: Security Gate, Gated Community
Community
- Community features: Lake, Gated, Pool
Location
- Region: Paramount
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $414 monthly
- Amenities included: Maintenance Grounds, Pool, Pets Allowed, Spa/Hot Tub, Tennis Court(s)
- Association name: Lake Terrace
- Association phone: 562-531-1955
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Services availability
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Estimated market value
$467,400