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16211 Downey Ave 73, Paramount, CA 90723

Sale Price: $469,000
May 8, 2025804 sqft1 beds1 baths
Listed by: Mary Robles
License #: 01475328
Phone #: 562-861-7242
Pak Home Realty
Source:
CRMLS Logo
MLS #: DW25099514

Property Description

Step into comfort and style in this beautifully updated 1-bedroom, 1-bath condo located in the tranquil Lake Terrace community in Paramount. This upper-level unit features vaulted ceilings, an open floor plan, and plenty of natural light, creating a bright and welcoming space. Enjoy cozy evenings by the fireplace in the spacious living room and cook with ease in the tastefully remodeled kitchen, complete with modern finishes, updated maplewood cabinetry, and plenty of space in the kitchen for a breakfast nook. Additional comforts include in-unit laundry and a large private patio, ideal for relaxing or entertaining. The home includes two assigned parking spots and is surrounded by beautifully landscaped grounds. Residents of Lake Terrace enjoy access to a sparkling community pool, perfect for cooling off on warm California days. Conveniently located near shopping, dining, and major freeways, this move-in-ready condo offers comfort, style, and convenience in a peaceful setting.
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

$7,548

TurboHome Estimated Value

$486,100

$605 sqft

High Valuation
$510,405
$635/sqft
Normal Valuation
$486,100
$605/sqft
Low Valuation
$461,795
$574/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$605/sqft$486,100

Neighborhood

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Comparative Value

$370K

$440K

$469K

$605K

$668K

15000 Downey Ave 263, Paramount, CA 90723

Sale Price: $370,000

Selected Comparable

16211 Downey Ave 35, Paramount, CA 90723

Sale Price: $440,000

Selected Comparable

16211 Downey Ave 73, Paramount, CA 90723

List Price: $469,000

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

2835 E Thompson St, Long Beach, CA 90805

Sale Price: $667,500

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16211 Downey Ave 73, Paramount, CA 90723

16211 Downey Ave 73, Paramount, CA 90723

List: $469,000

Listed: 5/8/2025

Area:804 sqft
Price/sqft:$583
Beds:1
Baths:1
Year Built:
Lot Size:329,662.071

Comparable Properties

COMPARABLE
Choose comps
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:24.3%
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:22.5%
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:18.2%
2835 E Thompson St, Long Beach, CA 90805

2835 E Thompson St, Long Beach, CA 90805

Sale: $667,500

5/14/20250.52 mi

Area:852 sqft
Price/sqft:$783
Beds:2
Baths:1
Year Built:
Weight:17.9%
15000 Downey Ave 263, Paramount, CA 90723

15000 Downey Ave 263, Paramount, CA 90723

Sale: $370,000

9/18/20240.74 mi

Area:632 sqft
Price/sqft:$585
Beds:1
Baths:1
Year Built:
Weight:17.1%

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