16619 Lake Avenue, Paramount 90723

$1,345,000

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5

Beds

4

Baths

3,117

Square feet

4,322

Lot Size

Listing Agent
Maria Olmos - Y Realty

About 16619 Lake Avenue

$50,000. Price Cut! Lowest price in the area for a new house of this size and ADU. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes throughout mean nothing to update, nothing to repair, and nothing to worry about. One of the most unique features of this property is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, create a yoga studio, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space.,Also loaded with additional storage inside and out! The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, inside laundry area, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.! OPEN HOUSE SATURDAY AND SUNDAY 9/19 AND 9/20 FROM 12-4PM SEE YOU THERE.

Features of 16619 Lake Avenue

MLS® # PW26080890
Price $1,345,000
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 3,117
Lot Size 4,322
Year Built 2026
Type Residential
Sub-Type Single Family Residence
Style Contemporary, Traditional
Status Active
# Of Units 1

Community Information

Address 16619 Lake Avenue
Area RK - Paramount South of Somerset
City Paramount
County Los Angeles
Zip Code 90723

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
Parking Spaces 8
Parking Attached Carport, Concrete, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, On Street, Garage Faces Rear, Side By Side
# of Garages 2
Garages Attached Carport, Concrete, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, On Street, Garage Faces Rear, Side By Side
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Vinyl
Interior Features Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s), Utility Room
Appliances Dishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Electric Cooktop, Electric Water Heater
Heating Forced Air
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories One

Exterior

Exterior Stucco
Exterior Features Rain Gutters
Lot Description ZeroToOneUnitAcre, Drip Irrigation/Bubblers, Sprinkler System, Near Park, Sprinklers In Front
Windows Double Pane Windows
Roof Composition
Construction Stucco
Foundation Slab

School Information

District Los Angeles Unified

Additional Information

Date Listed May 1st, 2026
Days on Market 127
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMaria Olmos
OfficeY Realty

Listing Map

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