Open House Sun, Sep 13th 01:00 PM - 04:00 PM - Views - New Construction - Primary on Main - Eco Friendly
Listed By:
Maria Olmos with Y Realty; 5628246227
Address
16619 Lake Avenue, Paramount, CA
Price
$ 1,345,000
Property Attributes
  • MLS#PW26080890
  • TypeSingle Family
  • Listing Status Active
  • CountyLos Angeles
  • CityParamount
  • Area Paramount South of Somerset
  • Zip90723
  • Style
  • Year Built2026
  • Price$ 1,345,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3117
  • Lot Size0.0992 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

$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.

Price History
5/1/2026 Listed $1,395,000
7/10/2026 4$1,345,000

General Features

Living Area 3117
Sewer Sewer Tap Paid
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Composition
Appliances Dishwasher,Electric Cooktop,Electric Water Heater,Disposal,Microwave,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water Heater
Garage Spaces 2
Architectural Style Contemporary,Traditional
Pool Features None
Construction Materials Stucco
Year Built 2026
Electric 220 Volts in Garage,Standard
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Sidewalks,Park
County Los Angeles
New Construction true
Property Type Residential
HOA false
Attached Garage true
Contingency Easy to show please call agent Maria Olmos at 562-824-6227
Facing Direction East
Garage Y/N true
Green Energy Generation Solar
Green Water Conservation Low-Flow Fixtures
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Paramount and Alondra Blvd.
City Paramount
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 4
Number Of Units Total 1
MLS Area RK - Paramount South of Somerset
Lot Size Units Square Feet
Lot Size Square Feet 4322
Carport Spaces 2
Carport Y/N true
Listing Terms Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.wellcomemat.com/mls/58p84c1949741moka
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 51
Virtual Tour https://www.wellcomemat.com/video/58p84c1949741moka/PAR/CA/90723/16619-Lake-AV/PW26080890/
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-05-13
PostalCity PARAMOUNT

Interior Features

Interior Amenities 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,Utility Room,Walk-In Closet(s)
Flooring Laminate,Vinyl
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Exterior Amenities Rain Gutters
Fencing Block,Wood,Wrought Iron
Parking Features Attached Carport,Concrete,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,On Street,Side By Side
Lot Features 0-1 Unit/Acre,Drip Irrigation/Bubblers,Sprinklers In Front,Near Park,Sprinkler System
Water Source Public
Total Parking 8
Lot Size Area 4322
Foundation Details Slab
Spa false
Lot Size Acres 0.0992
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90723

Price
AVG $850K
$1.35M
Year Built
AVG 1960
2026

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