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$430,000 Just Listed
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Property Description
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!
Full Property Details
Full Property Details for 16211 Downey #92
General
- Price: $430,000
- HOA FEE: $345/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: PW26217271
- Updated: 10/16/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): See Remarks, Living Room
- Eating Areas: Breakfast Counter/Bar, Dining Room
- Appliances: Gas Range, Gas Oven
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: Insurance, Pool, Controlled Access, Maintenance Grounds
- Pool Description: Community
- Spa Description: Community
Exterior
- Deck/Patio: Patio
Parking
- Carport Spaces: 1
- Parking: Assigned, Gated, Carport, Parking Space
Location
- County: Los Angeles
- Driving Directions: Jackson & Downey
School Information
- School District: Paramount Unified
Community
- Community Features: Street Lights, Sidewalks
- Assoc. Name: Lake Terrace
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Foundation: Slab
- Common Walls: 2 Common Walls (or More)
- Disability Access: None
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 776
- Sq. Ft. Source: Public Records
- Year Built: 1981
- Year Built Source: Public Records
Unit Information
- Units in Complex: 132
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 7.568
- Lot Size (Sq. Ft.): 329,662.08
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $554.12
- Association Fee: $345
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Range
Listed by Keller Williams Pacific Estate, Angie Rebennack
Get Pre-Approved Today
Schools
Schools serving 16211 Downey #92
School District:Paramount Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln School 15324 CA Ave., Paramount, CA 90723 | K-5 | 0.6 mi |
Alondra Middle School 16200 Downey Avenue, Paramount, CA 90723 | 6-8 | 0.1 mi |
Paramount High School 14429 Downey Avenue, Paramount, CA 90723 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16211 Downey #92
Date
Details
Price
Change
Source
10/15/2026
Listed
$430,000
359.89%
MLS
10/16/1989
Sold
$93,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16211 Downey #92
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,503
—
$175,419
2%
2025
$2,503
7%
$171,980
4%
2023
$2,350
3%
$165,304
2%
2022
$2,286
2%
$162,064
2%
2021
$2,232
2%
$158,887
1%
2020
$2,184
-4%
$157,259
2%
2019
$2,277
7%
$154,177
2%
2018
$2,124
3%
$151,155
2%
2017
$2,058
8%
$148,192
2%
2016
$1,912
6%
$145,287
2%
2015
$1,809
-2%
$143,106
2%
2014
$1,852
1%
$140,303
—
2013
$1,839
—
$139,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16211 Downey #92
16211 Downey #92, Paramount, CA 90723 (MLS# PW26217271) is a Condo property with 1 bedroom and 1 full bathroom. 16211 Downey #92 is currently listed for $430,000 and was received on October 15, 2026. Want to learn more about 16211 Downey #92? Do you have questions about finding other Condo real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

