For sale · Active

16211 Downey 92

Paramount, CA 90723

$430,000
Bedrooms & bathrooms1 Beds • 1 Baths
Living area776 Sq Ft
Lot size7.568 acres
Property typeCondominium
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Listing broker / agent: Keller Williams Pacific Estate · Angie Rebennack · CRMLS

MLS # PW26217271 · Last checked Oct 19, 2026 04:35 UTC

About this property

Welcome home to a spacious and nicely updated corner unit in Lake Terrace. This 1 bedroom, 1 bath home features a large patio, private laundry, and tons of community amenities to feel like you're living at a luxury resort. Stroll along the walkways to enjoy the well manicured landscaping and waterways, on your way to the tennis courts that are just steps away. Hot days will be cool relaxing pool side! Featuring updated kitchen and bathroom finishes, brand new carpet in the bedroom, fresh paint throughout the interior, and stylish laminate floors in the living/dining rooms and kitchen. Being on the corner allows for added privacy and quiet, with abundant light in the open floor plan living/dining areas. The quartz mantled fireplace anchors the living room, and central HVAC system keeps you comfortable year-round. This is a lower level unit with a level entry. Gated parking community with two assigned parking spaces - one carport and one right by your entry. Featuring huge closets and plenty of storage. Close to the Civic Center in Paramount for easy shopping and dining. Enjoy the quaint neighborhood while still being close to freeways. There are multiple visitor parking spaces right by the unit for your dinner parties in your beautiful condo!

Property details

MLS number
PW26217271
Status
Active
Type
Residential
Subtype
Condominium
Beds / baths
1 Beds • 1 Baths
Living area
776 Sq Ft
Lot size
7.568 acres
County
Los Angeles
Year built
1981
Stories
1
More property detailsExpandCollapse

Listing

Days on market
3

Building

Year built
1981
Year built source
Public Records
Stories
1
Building stories
1
Levels
One
Entry level
1
Construction
Unknown
Foundation
Slab
Living area source
Public Records

Bathrooms

Full bathrooms
1

Rooms & interior

Main-level bedrooms
1
Main-level bathrooms
1
Rooms
Bedroom, Dining Room
Appliances
Gas Oven, Gas Range
Interior features
Breakfast Bar, Separate Formal Dining Room, All Bedrooms Down
Flooring
Carpet, Laminate
Heating
Central
Cooling
Central Air
Fireplace
Living Room, See Remarks
Laundry
Washer Hookup, Gas Dryer Hookup
Accessibility features
None

Exterior & parking

Total parking spaces
2
Garage spaces
0
Carport spaces
1
Parking
Assigned, Carport, Gated, One Space
Pool
Community, Association
Spa
Community
Patio / porch
Patio
Lot features
Zero To One Unit Acre
Lot size source
Assessor
Property outlook
Neighborhood

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community features
Street Lights, Sidewalks, Pool
Association amenities
Controlled Access, Maintenance Grounds, Insurance, Pool

Fees & lease terms

Association
Yes
Association fee
$345.00
Association fee frequency
Monthly

Schools reported in the listing

High school district
Paramount Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Alondra Middle Paramount Unified · Paramount 6–8 0.1 mi
Major Lynn Mokler Paramount Unified · Paramount K–5 0.4 mi
Jefferson Elementary Paramount Unified · Paramount K–5 0.5 mi
Abraham Lincoln Paramount Unified · Paramount K–5 0.6 mi
McKinley Elementary Long Beach Unified · Long Beach K–5 0.6 mi
Somerset High (school website, opens in a new tab) Bellflower Unified · Bellflower 7–12 0.9 mi
Wesley Gaines Paramount Unified · Paramount K–5 1.0 mi
Paramount High Paramount Unified · Paramount 9–12 1.0 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$430,000
MLS-reported original asking price
$430,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 14, 2026 17:25$430,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Paramount

Active residential homes for sale in Paramount, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings30Current authorized inventory
Median asking price$580,00030 listings with a valid price
Median asking price / sq ft$506.9028 listings with confirmed sq ft
Median days on market3830 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction10
Listings with an increase0

10 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 04:45 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.