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16623 Lake Avenue
Paramount CA 90723 US

$1,345,000

Active Listing ID PW26128386
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5 bed
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3,117 square feet
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4.00 Bath (4 Full)
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Lot: 0.10 Acres
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Single Family Residence

$1,345,000

Active Listing ID PW26128386
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16623 Lake Avenue $50, 000 PRICE CUT! Great area! 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, 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, 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 SUNDAY FROM 1-4 PM!!

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: Rain Gutters, Lighting
  • Floor Covering: Vinyl, Laminate
  • Roof Type: Composition
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 1345000
  • unparsedaddress: 16623 Lake Avenue
  • postalcity: Paramount
  • stateorprovince: CA
  • country: US
  • postalcode: 90723
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0992
  • lotsizeunits: Acres
  • lotsizearea: 0.0992
  • livingarea: 3117
  • livingareaunits: Square Feet
  • latitude: 33.882838
  • longitude: -118.162193
  • listagentfullname: Maria Olmos
  • listagentemail: msolmos@me.com
  • listagentkey: 3yd-MRMLSCA-NOLMOMAR
  • listagentmlsid: NOLMOMAR
  • listagentpreferredphone: 5628246227
  • listagentofficephone: 5628246227
  • listofficekey: 3yd-MRMLSCA-PB21589
  • listagentstatelicense: 00956497
  • listofficemlsid: PB21589
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2026
  • listingcontractdate: 2026-06-12
  • listagentfax: 5625137801
  • listagenturl: https://www.yrealtyinc.com
  • countyorparish: Los Angeles
  • parcelnumber: 6046004063
  • elementaryschooldistrict: Paramount Unified
  • middleorjuniorschooldistrict: Paramount Unified
  • highschooldistrict: Paramount Unified
  • appliances: Tankless Water Heater, Electric Oven, Electric Water Heater, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Vented Exhaust Fan, Microwave, Water Heater
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Vinyl, Laminate
  • heating: Forced Air
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 4
  • parkingfeatures: Garage, Driveway, Carport, Open, Side By Side
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Recessed Lighting, Stone Counters
  • exteriorfeatures: Rain Gutters, Lighting
  • windowfeatures: Double Pane Windows
  • architecturalstyle: Modern, Contemporary
  • rooms: Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 4
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.16219, 33.88284
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MRMLSCA-PW26128386", "OpenHouseEndTime": "2026-08-09 16:00:00", "OpenHouseId": "7075499", "OpenHouseRemarks": "Maria Olmos Lic#:00956497 Y Realty Inc.", "OpenHouseStartTime": "2026-08-09 13:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Y Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"msolmos@me.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@yrealtyinc.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Y Realty", "ListBrokeragePhone":"(877) 976-5348", "ListBrokeragePostalCode":"90803", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6201 E Bayshore Walk", "ListBrokerageWebsiteUrl":"https://www.yrealtyinc.com", "ListOfficeAddress1":"3020 Old Ranch Pkwy Ste. 250 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PB21589", "ListOfficeCity":"Seal Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"candiceculen@gmail.com", "ListOfficePostalCode":"90740", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Modern, Contemporary - Paramount, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-08-11 06:05:51", "Neighborhoods":[{"Description":null, "Name":"RK - Paramount South of Somerset"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/11/2026 1:21:41 PM GMT
Source Updated Date: 8/14/2026 12:46:37 AM GMT

Courtesy of: Maria Olmos, Y Realty, msolmos@me.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.