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Welcome home to Lake Terrace, one of Paramount's most sought-after communities, where an entry-level price point opens the door to a lifestyle that feels anything but entry-level. This beautifully updated 1-bedroom, 1-bath residence offers a true first-level entry with no stairs to climb, making everyday living effortless from move-in day forward. Step inside to a bright, modern interior with clean lines, fresh finishes, and an open, airy flow that is move-in ready and designed for the way you live today. The private patio is the showstopper, framing serene lake views that turn morning coffee and evening downtime into the best part of your day. In-unit laundry and garage/assigned parking add everyday convenience. Beyond your front door, resort-inspired grounds deliver tranquil water scenery, a sparkling pool, and lush, well-kept common areas that make coming home feel like a getaway. Ideally located near Downey Avenue and Artesia Boulevard, you are minutes from the 91, 605, and 710 freeways, plus shopping, dining, parks, and schools, putting LA and Orange County within easy reach. Whether you are buying your first home or ready to stop renting and start building equity, this is your opportunity to own a modern, peaceful retreat in a community that truly elevates everyday living.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 11/7/2026 | Year Built | 1981 |
|---|---|---|---|
| Community | RK - Paramount South of Somerset | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | RK - Paramount South of Somerset |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| HOA DUES | 455|Monthly |
| INTERIOR | Eat-in Kitchen |
| LOT | 7.5699 acre(s) |
| LOT DIMENSIONS | 329744 |
| POOL DESCRIPTION | Association |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Modern |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Pond, Trees/Woods |
| WATER | Public |
Location
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Listed with EXP REALTY OF CALIFORNIA INC.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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