16211 Downey Ave #50
Paramount, CA 90723
- 1 Bed
- 1 Bath
- 776 sqft
$426,500
as of Aug 23, 2026
$426,500
as of Aug 23, 2026
- 1 Bed
- 1 Bath
- 776 sqft
Home Highlights
Property Type
Townhouse
Year Built
1981
Living Area
776 sqft
Price/Sqft
$550
Local Information
-- mins to
About this House
Welcome to this beautifully updated 1-bedroom, 1-bath condo nestled in the serene privately gated Lake Terrace community. Situated on the ground level, this bright and airy home boasts high ceilings, an open-concept layout, laminate wood floors and abundant natural light throughout.
The spacious living room invites you to unwind by the cozy fireplace, while the thoughtfully updated kitchen features dark wood cabinetry, and ample granite counters for a breakfast bar or casual dining area. The kitchen is appointed with Stove, Refrigerator and Dishwasher. Cool down in the summer with Central AC. Whether you're entertaining or enjoying a quiet evening in, the layout is both functional and stylish.
Additional highlights include in-unit laundry, a generous private patio perfect for relaxing or hosting, and two assigned parking spaces. Residents enjoy beautifully landscaped grounds and access to a sparkling community poolan ideal spot to cool off and unwind on warm California days.
Conveniently located near local shopping, dining, and major freeways, this move-in-ready condo combines comfort and style with everyday practicalityall in a peaceful, well-maintained setting.
The spacious living room invites you to unwind by the cozy fireplace, while the thoughtfully updated kitchen features dark wood cabinetry, and ample granite counters for a breakfast bar or casual dining area. The kitchen is appointed with Stove, Refrigerator and Dishwasher. Cool down in the summer with Central AC. Whether you're entertaining or enjoying a quiet evening in, the layout is both functional and stylish.
Additional highlights include in-unit laundry, a generous private patio perfect for relaxing or hosting, and two assigned parking spaces. Residents enjoy beautifully landscaped grounds and access to a sparkling community poolan ideal spot to cool off and unwind on warm California days.
Conveniently located near local shopping, dining, and major freeways, this move-in-ready condo combines comfort and style with everyday practicalityall in a peaceful, well-maintained setting.
16211 Downey Ave #50, Paramount, CA 90723 is a 1 bedroom, 1 bathroom, 776 sqft townhouse built in 1981. It last sold for $312,500 on Jun 9, 2020 (15,926% above the $1,950 asking price). More recently, it was listed as a rental in June 2025 with an asking price of $1,950 per month. That rental listing was removed on July 4, 2025. It is currently off market. The Trulia Estimate is $426,500, with a rent estimate of $1,940/month.
Home Details for 16211 Downey Ave #50
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Heating & Cooling Heating: FireplaceAir ConditioningCooling System: Air ConditionerHeating Fuel: Fireplace |
Appliances & Utilities DishwasherDisposalRefrigerator |
Fireplace & Spa Fireplace |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: Townhouse |
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Lease Term: Contact For DetailsAvailable: now |
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Gated |
Comparable Sales for 16211 Downey Ave #50
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.74 | Townhouse | $490,000 | 04/01/26 | 2 | 2 | 1,134 sqft | |
1.37 | Townhouse | $469,800 | 11/04/25 | 2 | 1.5 | 1,122 sqft | |
1.39 | Townhouse | $400,000 | 06/23/26 | 2 | 3 | 898 sqft | |
1.02 | Townhouse | $685,000 | 10/07/25 | 3 | 3 | 1,440 sqft | |
1.06 | Townhouse | $655,000 | 07/10/26 | 3 | 3 | 1,424 sqft | |
1.42 | Townhouse | $500,000 | 09/08/25 | 2 | 2 | 1,180 sqft | |
1.08 | Townhouse | $675,000 | 10/29/25 | 3 | 3 | 1,749 sqft | |
1.29 | Townhouse | $529,990 | 11/21/25 | 3 | 2.5 | 1,083 sqft | |
1.12 | Townhouse | $740,000 | 08/13/26 | 3 | 2.5 | 1,748 sqft | |
1.32 | Townhouse | $568,000 | 07/15/26 | 3 | 2.5 | 1,167 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.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
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Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 4, 2025 Source: Zillow Rentals | ListingRemoved | $1,950 |
Jun 18, 2025 Source: Zillow Rentals | Listed For Rent | $1,950 |
Jun 9, 2020 Source: N/A | Sold | $312,500 |
May 11, 2020 Source: Agent Provided | Pending | $299,950 |
Apr 27, 2020 Source: Agent Provided | Listed For Sale | $299,950 |
Aug 15, 2013 Source: N/A | Sold | $150,000 |
Apr 27, 2013 Source: Agent Provided | Listed For Sale | $149,900 |
Jul 2, 2009 Source: N/A | Sold | $130,000 |
Sep 17, 2004 Source: N/A | Sold | $185,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $348,594 |
Home facts updated by county records
Frequently asked questions about 16211 Downey Ave #50
- What is 16211 Downey Ave #50 estimated to be worth?Trulia's estimated value for 16211 Downey Ave #50 in Paramount, CA is $426,500.
- What is the price history for 16211 Downey Ave #50?16211 Downey Ave #50 in Paramount, CA last sold for $312,500 in June 2020.
- 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 #50 have air conditioning?Yes, 16211 Downey Ave #50 in Paramount, CA has air conditioning.
Homes for rent near 16211 Downey Ave #50
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

