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16211 Downey Ave 35, Paramount, CA 90723

Sale Price: $440,000
Mar 13, 2025750 sqft1 beds1 baths
Listed by: Ingrid Hooker
License #: 02019628
Phone #: 562-895-4151
The Foster Company
Source:
CRMLS Logo
MLS #: PW25055909

Property Description

Beautiful, high-ceiling, one-bedroom condo in the Resort-Style, gated community of Lake Terrace in the City of Paramount. Enjoy the peaceful sound of running streams throughout the complex. This is a large top-floor condo with views of the greenery, streams, and pool. Upon entering the home, you step into the spacious living room, filled with natural light highlighted by panoramic windows and a warm, welcoming fireplace. The living room seamlessly flows into the formal dining area. The kitchen offers plenty of cabinetry, granite countertops, and a breakfast nook that opens to the living room, creating a seamless open floor plan. Direct access to the large balcony from the living room allows you to host and enjoy the outdoor space with family and friends. The master bedroom features high ceilings, ample storage including two closets, and private access to the bathroom. Washer and Dryer are located within the unit. The HOA is in the process of upcoming updates, including the renovation of the roof, stucco, and siding, as well as the installation of solar panel carports. Additional improvements include a full deck replacement, upgrades to all stairs and balconies, and fob access to both gates. This unit comes with two assigned parking spaces, one of which is covered, and additional guest parking is readily available. The sales price includes all appliances. Enjoy exclusive access to a key fob-entry mailroom and refreshing pool within the community. This condo has been meticulously maintained and is fully turn-key. Welcome home!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,266

TurboHome Estimated Value

$471,200

$628 sqft

High Valuation
$494,760
$660/sqft
Normal Valuation
$471,200
$628/sqft
Low Valuation
$447,640
$597/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$628/sqft$471,200

Neighborhood

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Comparative Value

$300K

$341K

$440K

$458K

$605K

15000 Downey Ave 204, Paramount, CA 90723

Sale Price: $300,000

Selected Comparable

15000 Downey Ave 106, Paramount, CA 90723

Sale Price: $340,888

Selected Comparable

16211 Downey Ave 35, Paramount, CA 90723

Sale Price: $440,000

Selected Comparable

16211 Downey Ave 35, Paramount, CA 90723

List Price: $458,000

Subject Property

16211 Downey Ave 73, Paramount, CA 90723

Sale Price: $469,000

Selected Comparable

8809 Walnut St, Bellflower, CA 90706

Sale Price: $605,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16211 Downey Ave 35, Paramount, CA 90723

16211 Downey Ave 35, Paramount, CA 90723

List: $458,000

Listed: 3/13/2025

Area:750 sqft
Price/sqft:$611
Beds:1
Baths:1
Year Built:
Lot Size:329,662.071

Comparable Properties

COMPARABLE
Choose comps
16211 Downey Ave 35, Paramount, CA 90723

16211 Downey Ave 35, Paramount, CA 90723

Sale: $440,000

4/25/20250.00 mi

Area:750 sqft
Price/sqft:$587
Beds:1
Baths:1
Year Built:
Weight:22.4%
16211 Downey Ave 73, Paramount, CA 90723

16211 Downey Ave 73, Paramount, CA 90723

Sale: $469,000

6/24/20250.00 mi

Area:804 sqft
Price/sqft:$583
Beds:1
Baths:1
Year Built:
Weight:22.1%
15000 Downey Ave 204, Paramount, CA 90723

15000 Downey Ave 204, Paramount, CA 90723

Sale: $300,000

6/26/20250.74 mi

Area:624 sqft
Price/sqft:$481
Beds:1
Baths:1
Year Built:
Weight:19.1%
8809 Walnut St, Bellflower, CA 90706

8809 Walnut St, Bellflower, CA 90706

Sale: $605,000

7/8/20250.62 mi

Area:747 sqft
Price/sqft:$810
Beds:2
Baths:1
Year Built:
Weight:18.3%
15000 Downey Ave 106, Paramount, CA 90723

15000 Downey Ave 106, Paramount, CA 90723

Sale: $340,888

2/28/20250.74 mi

Area:630 sqft
Price/sqft:$541
Beds:1
Baths:1
Year Built:
Weight:18.0%

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