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Discover 16211 Downey Ave #68 in Paramount, CA 90723, tucked inside the highly sought-after Lake Terrace community—an area celebrated for its peaceful lake views and welcoming atmosphere. This thoughtfully crafted one-bedroom, one-bath residence delivers exceptional convenience, positioned just moments from shopping, major freeways, and a variety of local amenities. Inside, you’ll find an airy layout highlighted by high ceilings and a comfortable open-concept design that makes the home feel spacious and bright. Generous closet space ensures all your belongings have a place, helping maintain a clean and organized environment. The private patio is the perfect retreat, offering serene, picturesque views of the lake—an ideal spot to relax any time of day. Adding to the unit’s appeal is a dedicated indoor washer and dryer area, providing the privacy and ease of in-home laundry, with no need for shared facilities. You’ll also enjoy the benefit of two parking spaces—one covered and one uncovered—offering flexibility and peace of mind. Whether you’re a first-time buyer or simply looking for a comfortable, well-located home, this condo offers an exceptional blend of practicality and charm. Opportunities like this don’t last long—reach out today to schedule your tour or request more details.
Listing agent: Andrew Romo DRE #02115021 andrew@thekasaagency.com, Listing office: The Kasa Agency Inc.
MLS data updated 10/20/2026, 2:37:22 AM PT
Source: CRMLS, MLS #: CV25271688
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 3, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$455,000Closed sale · Feb 3, 2026ZIP 90723 · Feb 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.