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16623 Lake Avenue
Paramount CA 90723 US

$1,345,000

Active Listing ID PW26130970
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7 bed
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5.00 Bath (5 Full)
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Lot: 0.10 Acres
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Duplex

$1,345,000

Active Listing ID PW26130970
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16623 Lake Avenue $50, 000 PRICE CUT!! HUGE PRICE REDUCTION--2026 NEW CONSTRUCTION! This is your opportunity to own one of Paramount's best values. Beautifully designed and move-in ready, this exceptional property offers a rare combination of modern living, flexible space, and income potential. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The bright open floor plan is filled with natural light and offers a seamless flow between the living room, dining area, and gourmet kitchen. The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, abundant cabinet space, and a large center island. The detached ADU adds incredible value with 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own address, and 2 dedicated parking spaces. It is perfect for extended family, guests, or rental income. Built with quality and energy efficiency in mind, both homes include paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof flooring, EV charger readiness, and separate laundry areas. One of the highlights of this property is the spacious rooftop terrace. Create your own outdoor lounge, home gym, yoga retreat, entertaining space, or simply relax and enjoy the open views. The property also offers a 2-car attached garage, with additional parking for the main home and for the ADU. it's conveniently located near schools, shopping, restaurants, parks, and major freeways. Whether you're looking for a spacious family home, a property with rental income, or a smart long-term investment, this home checks all the boxes. Don't miss this incredible opportunity. Visit this home before it's gone and see everything this beautiful new home has to offer! OPEN HOUSE SUNDAY 8/9 FROM 1-4PM!

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 5
  • Cooling System: Central Air
  • Exterior Finish: Fence, Community Features Included: Gutters, Sidewalks, 0-1 Unit/Acre, Park Nearby, Sprinklers Drip System, Sprinkler System
  • Floor Covering: Laminate, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 1345000
  • unparsedaddress: 16623 Lake Avenue
  • postalcity: Paramount
  • stateorprovince: CA
  • country: US
  • postalcode: 90723
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0992
  • lotsizeunits: Acres
  • lotsizearea: 0.0992
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 33.882968
  • longitude: -118.162196
  • 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: 2026-06-18
  • listagentfax: 5625137801
  • listagenturl: https://www.yrealtyinc.com
  • countyorparish: Los Angeles
  • parcelnumber: 6046004063
  • appliances: Tankless Water Heater, Electric Water Heater, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Vented Exhaust Fan, Microwave, Water Heater
  • cooling: Central Air
  • constructionmaterials: Stucco
  • flooring: Laminate, Vinyl
  • heating: Forced Air
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 8
  • parkingfeatures: Side By Side, Open, Carport, Garage, Driveway
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Recessed Lighting, Stone Counters
  • windowfeatures: Double Pane Windows
  • architecturalstyle: Contemporary
  • rooms: Bedroom 2, Bathroom 1, Bedroom 7, Bedroom 6, Bathroom 2, Bathroom 5, Laundry Room, Utility Room, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bathroom 3
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.16219, 33.88297
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MRMLSCA-PW26130970", "OpenHouseEndTime": "2026-08-09 16:00:00", "OpenHouseId": "7075497", "OpenHouseRemarks": "Maria", "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":"MULTI_FAMILY - Contemporary - Paramount, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-08-11 06:14:24", "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.