$493,000
- 2 Beds
- 2 Baths
- 10 sqft
16211 Downey Ave #116, Paramount, CA 90723
Est. Refi. Payment $3,053/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 26, 2016 for $235,000
Home Value
Trulia Estimate
$493KSince last month
Decreased$3K (-0.6%)Since last year
Increased$14K (+2.9%)Since last sale
Increased$259K (+110.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +102% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $494K |
| July 2026 | $497K |
| June 2026 | $478K |
| May 2026 | $484K |
| April 2026 | $487K |
| March 2026 | $501K |
| February 2026 | $503K |
| January 2026 | $487K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Condo | $325,000 | 12/24/25 | 1 | 1 | 750 | |
0.00 | Condo | $455,000 | 02/03/26 | 1 | 1 | 776 | |
0.00 | Condo | $470,000 | 12/09/25 | 1 | 1 | 804 | |
0.44 | Condo | $590,000 | 06/09/26 | 3 | 2.5 | 1,308 | |
0.31 | Condo | $610,000 | 03/10/26 | 3 | 2 | 1,413 | |
0.74 | Condo | $360,000 | 12/22/25 | 2 | 1 | 858 | |
0.74 | Condo | $305,000 | 04/20/26 | 1 | 1 | 624 | |
0.74 | Condo | $305,000 | 09/23/25 | 1 | 1 | 624 | |
0.74 | Condo | $325,000 | 10/29/25 | 1 | 1 | 630 | |
0.74 | Condo | $340,000 | 07/24/26 | 1 | 1 | 630 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $470,000 | 1 | 1 | 804 | Recently Sold | |
0.00 | - | 1 | 1 | 750 | Off Market | |
0.00 | $455,000 | 1 | 1 | 776 | Recently Sold | |
0.00 | - | 1 | 1 | 804 | Off Market | |
0.00 | $486,800 | 1 | 1 | 750 | Off Market | |
0.00 | $701,800 | 2 | 2 | 1,082 | Off Market | |
0.10 | $615,000 | 2 | 1 | 976 | Recently Sold | |
0.11 | $715,000 | 2 | 3 | 1,640 | Recently Sold | |
0.09 | $730,000 | 3 | 2 | 1,824 | Recently Sold | |
0.09 | $858,100 | 3 | 2 | 1,427 | Off Market | |
0.08 | $843,600 | 3 | 2 | 1,472 | Off Market | |
0.10 | $1,288,600 | 4 | 3 | 3,788 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
1981
Living Area
10 sqft
Price/Sqft
$49,300
About this House
APPROVED SHORT SALE! INCREDIBLE OPPORTUNITY! HARD TO FIND LAKE TERRACE COMMUNITY CONDO. You will love this development with running streams, tennis courts and a community pool and spa this 2nd floor unit is just what you have been looking for! With convenient access to freeways, Downtown LA & Orange County, this is an ideal property! ***ATTENTION*** This property will not qualify for conventional, traditional FHA or VA. IT MUST BE CASH OR RENOVATION LOAN ONLY!!!
16211 Downey Ave #116, Paramount, CA 90723 is a 2 bedroom, 2 bathroom, 10 sqft condo built in 1981. It last sold for $235,000 on Jan 26, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $493,000, with a rent estimate of $2,802/month.
Home Details for 16211 Downey Ave #116
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Levels, Entrance, & Accessibility Stories: 1 |
Heating & Cooling Air ConditioningCooling System: Central |
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Exterior Home Features Roof: Other |
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Year Built Year Built: 1981Year Updated: 1981 |
Property Type / Style Property Type: CondoArchitecture: Other |
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Units in Building: 126 |
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Lot Area: 7.57 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 26, 2016 Source: N/A | Sold | $235,000 |
Dec 17, 2015 Source: Agent Provided | Pending | $235,000 |
Dec 10, 2015 Source: Agent Provided | PendingToActive | $235,000 |
Aug 15, 2015 Source: Agent Provided | Pending | $235,000 |
Aug 13, 2015 Source: Agent Provided | PriceChange | $235,000 Price decreased by 6% |
May 2, 2015 Source: Agent Provided | Pending | $250,000 |
Mar 7, 2015 Source: Agent Provided | Listed For Sale | $250,000 |
Feb 24, 1997 Source: N/A | Sold | $110,000 |
Feb 13, 1996 Source: N/A | Sold | $100,366 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $283,748 |
Home facts updated by county records
Market trends in Paramount
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
25
3MoM
Around this home
What Locals Say about Paramount
At least 358 Trulia users voted on each feature.
89 % Say there are sidewalks
79 % Say it's dog friendly
73 % Say yards are well-kept
69 % Say car is needed
68 % Say there's holiday spirit
67 % Say kids play outside
66 % Say it's walkable to restaurants
64 % Say streets are well-lit
63 % Say it's walkable to grocery stores
49 % Say it's quiet
49 % Say they plan to stay for at least 5 years
48 % Say people would walk alone at night
48 % Say neighbors are friendly
43 % Say parking is easy
30 % Say there's wildlife
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 16211 Downey Ave #116
- What is 16211 Downey Ave #116 estimated to be worth?Trulia's estimated value for 16211 Downey Ave #116 in Paramount, CA is $493,000.
- What is the price history for 16211 Downey Ave #116?16211 Downey Ave #116 in Paramount, CA last sold for $235,000 in January 2016.
- Is Paramount a buyer's or seller's market?Paramount is currently a seller's market, based on recent for-sale activity.
- What do residents say about Paramount?Residents describe Paramount, CA as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in Paramount, CA.
- Does 16211 Downey Ave #116 have air conditioning?Yes, 16211 Downey Ave #116 in Paramount, CA has air conditioning.