16619 Lake AvenueParamount, CA 90723

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.! OPEN HOUSE SATURDAY AND SUNDAY 9/26 AND 9/27 FROM 12-4PM SEE YOU THERE.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

2026

Stories

2

Living area

3,117 Sq Ft

Lot size

0.10 acres

Garage spaces

2

Parking spaces

8

Days on market

134

MLS^® Listing#

PW26080890

Property Features

Interior

Breakfast Bar · Eat-in Kitchen · Stone Counters · Recessed Lighting · Walk-In Closet(s) · Master Downstairs

Exterior

Rain Gutters

Appliances

Dishwasher · Electric Cooktop · Electric Water Heater · Disposal · Microwave · Refrigerator · Tankless Water Heater · Vented Exhaust Fan · Water Heater

Cooling

Central Air

Heating

Forced Air

Flooring

Laminate · Vinyl

Fireplace

None

Pool

None

Parking

Attached · Attached Carport · Concrete · Direct Access · Garage · Garage Door Opener · Garage Faces Rear · On Street · Side By Side

Laundry

Washer Hookup · Electric Dryer Hookup · Inside · Laundry Room

Fencing

Block · Wood · Wrought Iron

Lot features

Sprinklers In Front

Construction

Stucco

Foundation

Slab

Roof

Composition

Windows

Double Pane Windows

Community

Sidewalks · Park

Utilities

Electricity Connected · Sewer Connected · Water Connected

Water source

Public

Rooms

Financial Details

HOA

None

Parcel number

7102029035

Directions

Paramount and Alondra Blvd.

• SEP26Saturday, Sep 2612:00–4:00 PMAdd to calendar
• SEP27Sunday, Sep 2712:00–4:00 PMAdd to calendar