16211 Downey #92 Paramount CA 90723 | MLS #PW26217271

16211 Downey #92
Paramount, CA, 90723
$430,000
1 Beds
1 Baths
776 SqFt
7.57 Acres
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MLS #PW26217271 image #0
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. Convenient to Bellflower, Long Beach and Lakewood. 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

Price:
$430,000
MLS #:
PW26217271
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Neighborhood:
rkparamountsouthofsomerset
Listed Date:
Oct 15, 2026
Finished Sq Ft:
776
Lot Size:
329,662 sqft / 7.57 acres (approx)
Year Built:
1981
Rk – Paramount South Of SomersetRkparamountsouthofsomersetParamount UnifiedNeighborhood

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Schools

School District:
Paramount Unified

Interior

Appliances
Gas Range, Gas Oven
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Laminate
Heating
Central
Laundry Features
Gas Dryer Hookup, Washer Hookup
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1

Exterior

Accessibility Features
None
Association Amenities
Insurance, Pool, Controlled Access, Maintenance Grounds
Common Walls
2+ Common Walls
Community Features
Street Lights, Sidewalks
Construction Materials
Unknown
Covered Spaces
1
Lot Features
0-1 Unit/Acre
Open Parking Spaces
1
Parking Features
Assigned, Gated, Carport, Parking Space
Parking Spots
2
Parking Total
2
Patio And Porch Features
Patio
Security Features
Card/Code Access, Automatic Gate
Spa Features
Community
Stories
1
View
Neighborhood

Financial

HOA Fee
$455
HOA Fee Frequency
Monthly
HOA Name
Lake Terrace
HOA Phone
5625311955

Map

Community

Market Summary

Current real estate data for Condo in Paramount as of Nov 08, 2026
11
Condo Listed
56
Avg DOM
490
Avg $ / SqFt
$503,800
Avg List Price

Property Summary

    16211 Downey #92 Paramount CA is a Condo for sale in Paramount, CA, 90723. It is listed for $430,000 and features 1 beds, 1 baths, and has approximately 776 square feet of living space, and was originally constructed in 1981. The current price per square foot is $554. The average price per square foot for Condo listings in Paramount is $490. The average listing price for Condo in Paramount is $503,800. To schedule a showing of MLS#pw26217271 at 16211 Downey #92 in Paramount, CA, contact your Compass agent at 310.409.7242.

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