Active Open Sunday 09/13 4 PM-7 PM

16619 Lake Avenue

Paramount, CA 90723
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Bed 5

Bed

Bath 4

Bath

SqFt3,117

Sqft

SqFt4,322

Sqft(Lot)

$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 SUNDAY 9/13 FROM 1-4PM SEE YOU THERE.!!

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Detail Ic Property Details

Property Type : Residential

Price : $1,345,000

AD Id : 83743351

MLS Id : PW26080890

Beds : 5

Lot Size : 4,322 Sqft

Living Area Size : 3,117

Year Built : 2026

Garage : 2

County : Los Angeles

Open House Open House

  • 09/13 4 PM-7 PM
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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Roofing Information

    Composition

    Flooring Information

    Laminate, Vinyl
  • Interior Features

    BreakfastBar, SeparateFormalDiningRoom, EatInKitchen, StoneCounters, RecessedLighting, AllBedroomsUp, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites, UtilityRoom, WalkInClosets
    Roof: Composition
    Appliances: Dishwasher, ElectricCooktop, ElectricWaterHeater, Disposal, Microwave, Refrigerator, TanklessWaterHeater, VentedExhaustFan, WaterHeater
    Laundry Features: WasherHookup, ElectricDryerHookup, Inside, LaundryRoom
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Neighborhood
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 4322 Lot Size Acres: 0.0992 Lot Size Source: Assessor Lot Size Square Feet: 4,322 Lot Description: ZeroToOneUnitAcre,DripIrrigationBubblers,SprinklersInFront,NearPark,SprinklerSystem

  • Listing Price Information

    Listing Price: $1345000
    Original Price: $1395000
    Cash, CashToNewLoan, Conventional, Contract, Exchange1031, FHA, Submit, VaLoan

  • Tax Information

    Parcel Number: 7102029035 Tax Lot: 51

  • Parking Information

    Parking Total: 8 AttachedCarport, Concrete, DoorMulti, DirectAccess, DrivewayLevel, Garage, GarageDoorOpener, GarageFacesRear, OnStreet, SideBySide

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Paramount and Alondra Blvd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15343 Pimenta Avenue, Paramount, CA, 90723 $600,000 2 2 743 2,978 Sqft
15120 Bellota Ave, Paramount, CA, 90723 $670,000 2 1 989 3,180 Sqft
8600 Contreras #54, Paramount, CA, 90723 $89,900 1 1 -- --
8600 Contreras Street #35, Paramount, CA, 90723 $140,000 2 2 960 1,000 Sqft
8600 Contreras Street #39, Paramount, CA, 90723 $170,000 2 1 800 --
13425 Downey Ave, Paramount, CA, 90723 $649,000 2 1 944 5,020 Sqft
13947 Downey, Paramount, CA, 90723 $657,300 3 1 862 2,958 Sqft
8217 Howe, Paramount, CA, 90723 $575,000 2 1 836 2,328 Sqft
8211 Wilbarn, Paramount, CA, 90723 $585,000 2 1 836 2,082 Sqft
16601 Garfield Ave #91, Paramount, CA, 90723 $160,000 2 1 800 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/11/2026 @ 03:03

MLS: PW26080890 LISTED BY: Maria Olmos, Y Realty 877-976-5348 SOURCE: CRMLS

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