




16211 Downey Ave. 65, Paramount, CA 90723
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 corner condo with views of the greenery, streams, and corner lot provides a lot of privacy. Upon entering the home, you step into the open living room, filled with natural light highlighted by panoramic windows and a warm, welcoming fireplace. The living room flows into the formal dining area. The kitchen has recently updated features and 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 as an extension of the interior living space. The bedroom features high ceilings, ample storage including two closets, and private access to the bathroom. Washer and Dryer are located on the balcony in its own private closet. 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. This unit comes with two assigned parking spaces, one covered and one uncovered, and additional guest parking is readily available. The sales price includes all appliances. Enjoy exclusive access to a key fob-entry mailroom, refreshing pool and pickle ball courts within the community. Updates include: Balcony was fully removed and rebuilt by HOA in 2025, Shower remodeled in 2023, Water Heater in 2025, Furnace has annual tune-ups recently completed April 2026 with a 6 month warranty and much more. This home has been meticulously maintained and is fully turn key. Welcome home!
Bedrooms
1
Bathrooms
1
Square Feet
750
Lot Size
329,744 sqft
Year Built
1981
Property Type
Condominium
Days on Market
0
HOA Fee
$414/mo
Garage Total
0
MLS #
PW26105324
Interior Features
Breakfast Bar, Separate Formal Dining Room, All Bedrooms Up
Flooring
Laminate
Fireplace
Living Room
Appliances
Built In Range, Dishwasher, Refrigerator, Water Heater
Laundry
Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
Main Level Bedrooms
1
Main Level Bathrooms
1
Cooling
Central Air
Heating
Central
Total Parking Spaces
1
Carport Spaces
1
Parking Features
Carport, Guest
Patio & Porch
Deck, Terrace
Pool Features
Association
Sewer
Public Sewer
Water Source
Public
Clubhouse, Outdoor Cooking Area, Barbecue, Pickleball, Pool, Tennis Courts
Curbs, Gutters, Street Lights, Suburban, Sidewalks
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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