16623 Lake Avenue, Paramount, CA 90723 (MLS # PW26130970)

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PRICE $1,395,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 3,117 sqft
LOT SIZE 4,322 sqft
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2026 NEW CONSTRUCTION! Welcome to this beautiful, move-in-ready property in the heart of Paramount, offering a rare and versatile floor plan perfect for multi-generational living or rental income. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient primary suite on the first floor 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. Open House Sunday, June 28, from 11:00 AM to 2:00 PM.

DAYS ON MARKET 1 LAST UPDATED 6/27/2026
YEAR BUILT 2026 COMMUNITY RK - Paramount South of Somerset
GARAGE SPACES 2.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
AREA RK - Paramount South of Somerset
CONSTRUCTION Stucco
EXTERIOR Rain Gutters
GARAGE Yes
HEAT Forced Air
INTERIOR Master Downstairs, Recessed Lighting, Stone Counters, Walk-In Closet(s)
LOT 4321 sq ft
LOT DIMENSIONS 4322
PARKING Attached Carport, Concrete, Direct Access, Garage, Garage Door Opener, Garage Faces Rear, Side By Side
POOL DESCRIPTION None
STORIES One, Two
STYLE Contemporary, Traditional
UTILITIES Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
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Listed with Y Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 6/27/26 6:07 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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