16623 Lake Avenue, Paramount, CA, 90723

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$1,345,000
99 Days On Site

16623 Lake Avenue
Paramount, CA 90723

For Sale|Single Family Residence|Active
5
Beds
4
Total Baths
4
Full Baths
3,117
SqFt
$432
/SqFt
2026
Built
County:
Los Angeles
Listed by Maria Olmos of Y Realty msolmos@me.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
Upcoming Open Houses
Sun, Sep 20, 12:00 PM - 4:00 PM
16623 Lake Avenue16623 Lake Avenue16623 Lake Avenue16623 Lake Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$6,136
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

$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.

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Listing Snapshot
Price 
$1,345,000
Days On Site 
99 Days
Bedrooms 
5
Inside Area (SqFt) 
3,117 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.0992 Acres
Year Built 
2026
MLS® Number 
PW26128386
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoPrice changed to $1,345,000
2 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
0.0992
Attached Garage 
Yes
Carport 
2
Direction Faces 
East
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
AttachedCarportDirect AccessGarageGarage Door OpenerGarage Faces RearSide By Side
Parking Spaces 
4
Property Condition 
New Construction
Property Sub Type 
Single Family Residence
Special Circumstances 
Standard
Style 
ContemporaryModern
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric CooktopElectric OvenElectric Water HeaterDisposalMicrowaveRefrigeratorTankless Water HeaterVented Exhaust FanWater Heater
Cooling 
Central Air
Fireplace Features 
None
Flooring 
LaminateVinyl
Heating 
Forced Air
Interior 
Breakfast BarStone CountersRecessed LightingMaster Downstairs
Laundry Features 
Washer HookupElectric Dryer HookupInsideLaundry Room
Main Level Bedrooms 
1
Window Features 
Double Pane Windows
Bathroom 
Features - Low Flow Plumbing Fixtures
Bedroom 
Dining Room 
Kitchen 
Master Bathroom 
Master Bedroom 
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Exterior Features
Construction Details 
Stucco
Exterior 
LightingRain Gutters
Fencing 
BrickWoodWrought Iron
Lot Features 
Sprinklers In Front
Pool Features 
None
Roof 
Composition
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
SidewalksPark
MLS Area 
RK - Paramount South of Somerset
School District 
Paramount Unified
Financing Terms Available 
CashConventionalContractFHASubmitVA Loan1031 Exchange
Building Access 
1
Schools
School District
Paramount Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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