16623 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 16623 Lake Avenue

$50,000 PRICE CUT! Great neighbourhood! Huge Price Reduction!! 2026 NEW CONSTRUCTION! Welcome to this beautiful, move-in-ready property in the heart of Paramount, offering a rare and versatile floor plan that is perfect for multi-generational living or generating rental income. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite and an additional guest bathroom. The open-concept design creates a bright and inviting living space where the kitchen flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining. Large windows fill the home with natural light, while modern finishes throughout provide a clean, contemporary feel. Adding even more value is the detached ADU, complete with 2 bedrooms, 1 bathroom, inside laundry area, with its own private entrance, separate address, and 2 dedicated parking spaces. Whether you're looking for rental income, a home for extended family, or a private guest house, this ADU offers outstanding flexibility. Built with quality and energy efficiency in mind, both the main home and ADU include paid solar panels, helping reduce energy costs while providing the benefits of new construction with low-maintenance living. One of the home's most unique features is the spacious rooftop terrace. This incredible space can be used as an outdoor entertaining area, home gym, yoga studio, organic garden, or simply a peaceful place to relax and enjoy the views. The property also includes a 2-car attached garage and additional parking for the main residence, and is conveniently located near shopping, restaurants, schools, parks, and major freeways for easy commuting. This is an exceptional opportunity for buyers seeking a modern home with income potential, flexible living space, and long-term value! Great and quiet neighborhood! OPEN HOUSE SATURDAY AND SUNDAY 9/19 AND 9/20 FROM 12-4PM SEE YOU THERE.

Features of 16623 Lake Avenue

MLS® # PW26128386
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, Modern
Status Active
# Of Units 1

Community Information

Address 16623 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 4
Parking Carport, Direct Access, Door-Multi, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
# of Garages 2
Garages Carport, Direct Access, Door-Multi, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Vinyl
Interior Features Bedroom on Main Level, Main Level Primary, All Bedrooms Up, Breakfast Bar, Recessed Lighting, Separate/Formal Dining Room, Stone Counters
Appliances Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Heating Forced Air
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 2
Stories Two

Exterior

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

School Information

District Paramount Unified

Additional Information

Date Listed June 12th, 2026
Days on Market 83
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMaria Olmos
OfficeY Realty

Listing Map

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