16619 Lake Avenue, Paramount, CA 90723

• 5 beds |
• 4 baths |
• 3,117 sqft

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.!!!

Listing Status:

Active

Date Added:

May 13, 2026

Data Last Updated:

August 24, 2026 at 12:18PM

Listing Office:

Y Realty : 877-976-5348

Listing Agent:

Maria Olmos : 5628246227

Contact:

5628246227

MLS ID:

PW26080890

Interior

• General: Breakfast BarSeparate/Formal Dining RoomEat-in KitchenStone CountersRecessed LightingAll Bedrooms UpBedroom on Main LevelMain Level PrimaryMultiple Primary SuitesUtility RoomWalk-In Closet(s)
• Appliances: DishwasherElectric CooktopElectric Water HeaterDisposalMicrowaveRefrigeratorTankless Water HeaterVented Exhaust FanWater Heater
• Laundry: Washer HookupElectric Dryer HookupInsideLaundry Room
• Flooring: LaminateVinyl
• A/C: Central Air
• Heating: Forced Air
• Fireplace: None
• Eco/Green Feature: Low-Flow FixturesSolar

Exterior

• General: Rain Gutters
• Style: ContemporaryTraditional
• Pool: None
• Parking: Attached CarportConcreteDoor-MultiDirect AccessDriveway LevelGarageGarage Door OpenerGarage Faces RearOn StreetSide By SideParking spaces: 8

Construction

• Roofing: Composition
• Windows: Double Pane Windows
• General: Stucco1Slab

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• School District: Los Angeles Unified
• County: Los Angeles

Lot

• Zoning: 7102029035
• View: NeighborhoodView
• Fencing: BlockWoodWrought Iron

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected220 Volts in GarageStandard
• Water: Public
• Sewer: Sewer Tap Paid

Financial

• Source: CRMLS_CRM