16211 Downey, 92, Paramount, CA 90723
16211 Downey, 92, Paramount, CA 90723
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. 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!
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Paramount · Condominium
Listed 5.5% below the median closed sale of $455,000. Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 15000 Downey Avenue | Paramount | 1991 | 2 | 1 | 858 | 152,547 | $524 | $450,000 | 193 | 80 |
| 2890 Artesia | Long Beach | 1972 | 2 | 1 | 858 | 66,445 | $570 | $489,000 | 93 | 78 |
| 8634 Park Street | Bellflower | 1981 | 2 | 2 | 826 | 12,004 | $557 | $460,000 | 35 | 78 |
| 15000 Downey Avenue | Paramount | 1991 | 2 | 1 | 858 | 152,602 | $524 | $450,000 | 135 | 77 |
| 14819 Downey Avenue | Paramount | 1988 | 2 | 2 | 968 | 52,184 | $463 | $448,000 | 156 | 70 |
| Total: 5 · Average | 2.0 | 1.4 | 873.6 | 87,156.4 | $527.6 | $459,400 | 122.4 | |||
| Median | 858 | $450,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16211 Downey | Paramount | 1981 | 02/03/2026 | 1 | 1 | 776 | 329,744 | $440,000 | $455,000 | $586 | 1.03 | 60 | 93 |
| 16211 Downey Avenue | Paramount | 1981 | 12/09/2025 | 1 | 1 | 804 | 329,744 | $475,000 | $470,000 | $585 | 0.99 | 56 | 89 |
| 15351 Orange Ave | Paramount | 1979 | 10/14/2026 | 2 | 2 | 837 | 63,435 | $394,999 | $405,000 | $484 | 1.02 | 71 | 74 |
| 15351 Orange | Paramount | 1979 | 08/21/2026 | 2 | 2 | 852 | 63,435 | $429,900 | $429,900 | $505 | 1.00 | 74 | 73 |
| 9441 Flower Street | Bellflower | 1985 | 10/07/2026 | 2 | 2 | 920 | 14,503 | $469,000 | $479,000 | $521 | 1.02 | 77 | 70 |
| Total: 5 · Average | 1.6 | 1.6 | 837.8 | 160,172.2 | $447,780 | $447,780 | $536.2 | — | 67.6 | ||||
| Median | 837 | $455,000 | $455,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.