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16211 Downey 68, Paramount, California 90723, Paramount, 90723 - 1 bed, 1 bath

16211 Downey 68, Paramount, California 90723 home-pic-0
PENDING$440,000
16211 Downey 68, Paramount, California 90723
1Bed
1Bath
776Sqft
329,744Lot
Year Built
1981
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$567
HOA
$345
Days on market
-
Sold On
-
MLS number
CV25271688
Home ConditionExcellent
Features
Good View: None
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $440.0K(42th), sqft - 776(17th), beds - 1(25th), baths - 1(25th).

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.

Nearby schools

6/10
Major Lynn Mokler School
Public,•K-5•0.3mi
6/10
Jefferson Elementary School
Public,•K-5•0.5mi
8/10
Abraham Lincoln School
Public,•K-5•0.6mi
5/10
Wesley Gaines School
Public,•K-3•1.0mi
4/10
Harry Wirtz Elementary School
Public,•K-5•1.0mi
6/10
Los Cerritos School
Public,•K-5•1.7mi
4/10
Howard Tanner School
Public,•K-5•1.7mi
5/10
Mark Keppel School
Public,•K-5•1.7mi
5/10
Theodore Roosevelt
Public,•K-5•1.7mi
7/10
Carpenter Elementary School
Public,•4-5•2.0mi
8/10
Ward Elementary School
Public,•K-3•2.1mi
4/10
Alondra Middle School
Public,•6-8•0.1mi
5/10
Paramount Park Middle School
Public,•6-8•1.1mi
4/10
Leona Jackson School
Public,•4-8•1.2mi
4/10
Frank J. Zamboni School
Public,•6-8•1.5mi
7/10
Clinton, William Jefferson School
Public,•PK-8•1.9mi
5/10
Sussman Middle School
Public,•6-8•2.5mi
6/10
Hollydale School
Public,•K-8•2.5mi
4/10
Roosevelt Middle School
Public,•6-8•3.3mi
5/10
Paramount High School
Public,•9-12•1.1mi
3/10
Dominguez High School
Public,•9-12•1.8mi
/10
Buena Vista High School
Public,•9-12•2.0mi
7/10
Downey High School
Public,•9-12•3.9mi
9/10
Compton Early College High
Public,•9-12•5.4mi

Price History

Date
Event
Price
12/05/25
Listing
$440,000
02/26/24
Sold
$390,000
Condition Rating
Excellent
Despite being built in 1981, this property has undergone a significant and recent interior renovation, bringing it to an excellent, move-in ready condition. The kitchen features modern white shaker-style cabinets, white quartz countertops, a contemporary black pull-down faucet, and recessed lighting. The bathroom also appears recently updated with matching modern fixtures and finishes. New dark laminate/engineered wood flooring extends throughout the living areas and bedroom, complemented by fresh white paint and modern recessed lighting. All visible components are virtually new, meeting current quality standards with no signs of deferred maintenance, making it feel like a much newer home.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
Prime Location & Community: Situated in the highly sought-after Lake Terrace community, offering a peaceful atmosphere and exceptional convenience to shopping, major freeways, and local amenities.
Private Lake View Patio: Features a private patio with serene, picturesque views of the lake, providing an ideal retreat for relaxation.
Spacious & Bright Interior: Boasts an airy layout with high ceilings and an open-concept design, enhancing the sense of space and brightness, complemented by generous closet space.
In-Unit Laundry: Includes a dedicated indoor washer and dryer area, offering privacy and convenience for in-home laundry without shared facilities.
Ample Parking: Provides the benefit of two parking spaces (one covered, one uncovered), adding significant value and convenience for residents.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =329744, other record lot size in square feet = 329662.
Limited Unit Size: As a 1-bedroom, 1-bath unit with 776 sqft, its smaller footprint may not accommodate buyers needing more space or additional bedrooms.
Property Age: Built in 1981, the property is over 40 years old, which could suggest original systems or finishes that may require future updates or maintenance, as no recent renovations are explicitly mentioned.
Monthly Association Fee: The $345.0 monthly association fee adds a significant recurring cost to homeownership, which could impact affordability for some buyers.

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