$263,000
●
Condo -
Off Market
16211 Downey Avenue #73
Paramount, CA 90723
1 Bed
1 Bath
804 Ft²
$409,333
RealtyHop Estimate
51.60%
Since Mar 1, 2018
CA-Los Angeles
Primary Model
About This Property
Are you looking for a beautiful home to call your own? Imagine a
gated community filled with lakes, streams and waterfalls. Enjoy
the amenities of a swimming pool, spa , and tennis court. This move
in ready unit has vaulted ceilings in the living room and bedroom.
Entertain family and friends in your dining area. This unit also
has a spacious kitchen with lots of cabinets. While also having
laundry area inside .This upper end unit features a large patio
perfect for entertaining. Value your privacy? Then you will be
happy to know this unit has its own private entrance. There is no
one above you and no one below.
This home will not last. This one bedroom unit in Lake Terrace complex is centrally located to shopping centers, schools & major freeways.
This home will not last. This one bedroom unit in Lake Terrace complex is centrally located to shopping centers, schools & major freeways.
Unit Size
804 Ft²
Days on Market
112 days
Land Size
7.57 acres
Price per sqft
$336
Property Type
Condo
Property Taxes
-
HOA Dues
$345
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #PW17235016)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed by Pak Home Realty | $469,000 | |
| Listed by Pak Home Realty | |||
| | |||
|
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.
| |||
| Feb 1, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Berkshire Hathaway H.S.C.P. | $270,000 | |
| Listed by Berkshire Hathaway H.S.C.P. | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Attached Carport, Assigned
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Cathedral Ceiling(s)
Appliances: Dishwasher, Gas Cooktop, Gas Range
Flooring Type: Carpet, Tile
Laundry Features: Common Area, Gas Dryer Hookup, In Kitchen
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 804
Security Features: Security Gate, Gated Community
Year Built Source: Assessor
Year Built: 1981
Levels: One
Other Structures: Tennis Court(s)
Patio and Porch Features: Wood
Pool Features: Community, In Ground, Association
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 329662
Lot Size Units: Square Feet
Lot Size Acres: 7.568
Lot Size Square Feet: 329662
Tax Lot: n/a
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $345
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/05/2026
|
1 Bed
|
1 Bath
|
776 ft²
|
$430,000
1 Bed
1 Bath
776 ft²
|
-
-
|
Angie Rebennack
Keller Williams - Long Beach Pacific Estates
| |
|
12/04/2025
|
1 Bed
|
1 Bath
|
776 ft²
|
$440,000
1 Bed
1 Bath
776 ft²
|
$455,000
+3.41%
02/03/2026
|
Andrew Romo
The Mode Agency
| |
|
09/29/2025
|
1 Bed
|
1 Bath
|
804 ft²
|
$475,000
1 Bed
1 Bath
804 ft²
|
$470,000
-1.05%
12/09/2025
|
Priscilla Marquez
First Team Real Estate
| |
|
05/05/2025
|
1 Bed
|
1 Bath
|
804 ft²
|
$469,000
1 Bed
1 Bath
804 ft²
|
$469,000
06/24/2025
|
Mary Robles
Pak Home Realty
| |
|
01/29/2024
|
1 Bed
|
1 Bath
|
776 ft²
|
$325,000
1 Bed
1 Bath
776 ft²
|
-
-
|
Vanessa Montiel
Keller Williams Realty
| |
|
11/02/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$518,000
2 Bed
2 Bath
1082 ft²
|
-
-
|
Jennifer Jaye Fraser
Queen Bee Brokers
| |
|
11/02/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$525,000
2 Bed
2 Bath
1082 ft²
|
-
-
|
Gretta Sheffer Minnema
Re/Max College Park Realty
| |
|
10/19/2023
|
1 Bed
|
1 Bath
|
750 ft²
|
$425,000
1 Bed
1 Bath
750 ft²
|
-
-
|
Maria Palacios
Rodeo Realty- Brentwood
| |
|
04/30/2023
|
2 Bed
|
2 Bath
|
1102 ft²
|
$505,000
2 Bed
2 Bath
1102 ft²
|
-
-
|
Laura Villescaz
Century 21 Allstars
| |
|
04/13/2023
|
2 Bed
|
2 Bath
|
1082 ft²
|
$499,999
2 Bed
2 Bath
1082 ft²
|
-
-
|
Erica Olsen
Keller Williams - Long Beach Coastal
| |
|
10/03/2022
|
1 Bed
|
1 Bath
|
776 ft²
|
$415,000
1 Bed
1 Bath
776 ft²
|
-
-
|
Maria Palacios
Rodeo Realty- Brentwood
| |
|
04/22/2022
|
1 Bed
|
1 Bath
|
776 ft²
|
$424,900
1 Bed
1 Bath
776 ft²
|
-
-
|
Robert Shanahan
Keller Williams Luxury Homes
| |
|
05/26/2021
|
1 Bed
|
1 Bath
|
804 ft²
|
$327,500
1 Bed
1 Bath
804 ft²
|
-
-
|
Robert Shanahan
Keller Williams Luxury Homes
| |
|
06/02/2020
|
1 Bed
|
1 Bath
|
776 ft²
|
$295,000
1 Bed
1 Bath
776 ft²
|
-
-
|
-
| |
|
05/19/2020
|
1 Bed
|
1 Bath
|
750 ft²
|
$299,950
1 Bed
1 Bath
750 ft²
|
-
-
|
-
| |
|
04/27/2020
|
1 Bed
|
1 Bath
|
776 ft²
|
$299,950
1 Bed
1 Bath
776 ft²
|
-
-
|
-
| |
|
03/10/2020
|
2 Bed
|
1 Bath
|
1332 ft²
|
$460,000
2 Bed
1 Bath
1332 ft²
|
$446,000
-3.04%
05/04/2020
|
Scott Arnott
Coldwell Banker Realty
| |
|
11/02/2019
|
2 Bed
|
2 Bath
|
1082 ft²
|
$399,000
2 Bed
2 Bath
1082 ft²
|
$393,000
-1.50%
12/18/2019
|
Craig Henrichsen
Peggy Lee Henrichsen
| |
|
09/20/2019
|
1 Bed
|
1 Bath
|
750 ft²
|
$295,000
1 Bed
1 Bath
750 ft²
|
$298,000
+1.02%
10/29/2019
|
Geoff Rudy
Keller Williams - Long Beach Pacific Estates
| |
|
08/29/2019
|
1 Bed
|
1 Bath
|
750 ft²
|
$298,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
| |
|
08/14/2019
|
2 Bed
|
2 Bath
|
1082 ft²
|
$385,000
2 Bed
2 Bath
1082 ft²
|
$380,000
-1.30%
10/04/2019
|
Mayra Alas-Weathers
The Westwood Real Estate Group
| |
|
04/12/2019
|
1 Bed
|
1 Bath
|
776 ft²
|
$295,000
1 Bed
1 Bath
776 ft²
|
-
-
|
-
| |
|
03/12/2019
|
2 Bed
|
2 Bath
|
1082 ft²
|
$299,000
2 Bed
2 Bath
1082 ft²
|
$294,000
-1.67%
09/23/2019
|
Brian Parsons
Keller Williams Realty
| |
|
12/30/2018
|
1 Bed
|
1 Bath
|
776 ft²
|
$296,500
1 Bed
1 Bath
776 ft²
|
$290,000
-2.19%
03/19/2019
|
Yoshiko Suzuoka
The Realestate Group
| |
|
07/23/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$280,000
1 Bed
1 Bath
750 ft²
|
$280,000
10/02/2018
|
Larry Harmon
Harmon Homes Inc.
| |
|
07/21/2018
|
2 Bed
|
2 Bath
|
1082 ft²
|
$375,000
2 Bed
2 Bath
1082 ft²
|
$375,000
11/15/2018
|
Kyle Skinner
Southern California Rlty Group
| |
|
07/11/2018
|
1 Bed
|
1 Bath
|
776 ft²
|
$279,000
1 Bed
1 Bath
776 ft²
|
$281,000
+0.72%
08/31/2018
|
Gretta Sheffer Minnema
Re/Max College Park Realty
| |
|
06/22/2018
|
2 Bed
|
2 Bath
|
1082 ft²
|
$375,000
2 Bed
2 Bath
1082 ft²
|
$375,000
07/10/2018
|
Maria Palacios
Rodeo Realty- Brentwood
| |
|
05/04/2018
|
1 Bed
|
1 Bath
|
804 ft²
|
$280,000
1 Bed
1 Bath
804 ft²
|
$285,000
+1.79%
06/12/2018
|
Fabiola Garcia Hernandez
Nationwide Real Estate Execs
| |
|
05/02/2018
|
2 Bed
|
2 Bath
|
1082 ft²
|
$359,900
2 Bed
2 Bath
1082 ft²
|
$385,000
+6.97%
06/22/2018
|
Gretta Sheffer Minnema
Re/Max College Park Realty
| |
|
03/07/2018
|
2 Bed
|
2 Bath
|
1082 ft²
|
$368,800
2 Bed
2 Bath
1082 ft²
|
$368,800
06/20/2018
|
Scott Arnott
Coldwell Banker Realty
| |
|
02/01/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$265,000
1 Bed
1 Bath
750 ft²
|
$265,000
04/03/2018
|
Maria Palacios
Rodeo Realty- Brentwood
| |
|
01/31/2018
|
1 Bed
|
1 Bath
|
804 ft²
|
$275,000
1 Bed
1 Bath
804 ft²
|
$281,000
+2.18%
04/05/2018
|
SOFIA PINEDO
MASTERS REALTY
| |
|
10/12/2017
|
1 Bed
|
1 Bath
|
804 ft²
|
$270,000
1 Bed
1 Bath
804 ft²
|
$263,000
-2.59%
02/01/2018
|
Jaime Sandoval
PINNACLE REAL ESTATE GROUP
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1102 ft²
|
-
2 Bed
2 Bath
1102 ft²
|
-
-
|
-
|
|
07/12/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$265,000
1 Bed
1 Bath
750 ft²
|
$265,000
10/11/2017
|
Elaine King
CENTURY 21 Affiliated
| |
|
07/01/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$254,999
1 Bed
1 Bath
750 ft²
|
$262,000
+2.75%
08/11/2017
|
Magde Hanna
Hanna Realty
|
Building Info
16211 Downey Avenue
16211 Downey Avenue, Paramount, CA 90723
- 1 Unit for Sale
About Paramount
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Listed by: Jaime Sandoval, Berkshire Hathaway H.S.C.P.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17235016
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW17235016
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