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16623 Lake Avenue

Paramount, CA 90723
  • $1,345,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: PW26128386
UPDATED: 119 min ago
$1,345,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,117
    SQFT
  • $432
    $/SQFT
Type:
Single-Family Home
Built:
2026
County:

School Ratings & Info

School District:
Listing Agent(s): Maria Olmos of Y Realty (877-976-5348)


Description

$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 8/15 11-2pm!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-17T00:26:24.413. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/177656990
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16623 Lake Avenue Paramount, CA 90723

  • Price: $1,345,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 119 min ago
  • MLS #: PW26128386
5
Beds
4
Baths
0
½ Baths
0.1
Acres
3,117
SQFT
$432
$/SQFT
2026
Built
Neighborhood:
RK - Paramount South of Somerset
County:
Los Angeles
Area:
RK - Paramount South of Somerset
School District:
Paramount Unified
Property Description
$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 8/15 11-2pm!
Exterior Features

Architectural Style ContemporaryModern Attached Garage YN Yes Carport Spaces 2 Carport YN Yes Construction Materials Stucco Direction Faces East Entry Level 1 Entry Location 1 Exterior Features LightingRain Gutters Fencing BrickWoodWrought Iron Foundation Details Slab Lot Features 0-1 Unit/AcreDrip Irrigation/BubblersSprinklers In FrontNear ParkSprinkler System Parking Features CarportDoor-MultiDirect AccessDriveway LevelGarageGarage Door OpenerGarage Faces RearSide By Side Parking Total 4 Patio And Porch Features ConcreteRooftop Pool Features None Pool Private YN No Property Attached YN No Roof Composition Sign On Property YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherElectric CooktopElectric OvenElectric Water HeaterDisposalMicrowaveRefrigeratorTankless Water HeaterVented Exhaust FanWater Heater Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateVinyl Heating Forced Air Heating YN Yes Interior Features Breakfast BarSeparate/Formal Dining RoomStone CountersRecessed LightingAll Bedrooms UpBedroom on Main LevelMain Level Primary Main Level Bathrooms 2 Main Level Bedrooms 1 Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SidewalksPark Contingency None Electric Standard Garage YN Yes Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupInsideLaundry Room Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalContract1031 ExchangeFHASubmitVA Loan New Construction YN Yes Property Condition Turnkey Property Sub Type Single Family Residence Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-17T00:26:24.413. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Maria Olmos of Y Realty (877-976-5348)