16623 Lake Avenue, Paramount, CA 90723

• 5 beds |
• 4 baths |
• 3,117 sqft

Property Description

$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

Listing Status:

Active

Date Added:

June 27, 2026

Data Last Updated:

August 24, 2026 at 7:12AM

Listing Office:

Y Realty : 877-976-5348

Listing Agent:

Maria Olmos : 562-824-6227

MLS ID:

PW26128386

Interior

• General: Recessed LightingStone Counters
• Appliances: DishwasherDisposalMicrowaveRefrigeratorElectric OvenVented Exhaust Fan
• Laundry: ElectricWasher Hookup
• Flooring: LaminateLinoleum/Vinyl
• A/C: Central Forced Air
• Heating: Forced Air Unit
• Fireplace: N/K

Exterior

• General: N/K
• Style: ContemporaryModern
• Pool: N/K
• Parking: Direct Garage AccessGarage - Two DoorGarage Door OpenerParking spaces: 4

Construction

• Roofing: Composition
• General: Stucco2

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 6046004063
• View: Neighborhood
• Fencing: Wrought IronWood

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public
• Sewer: Sewer Paid

Financial

• Source: California Regional MLS