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16619 Lake AvenueParamount, CA 90723

Los Angeles County

$1,345,000List price
5Beds
4Baths
3,117Sq Ft
2026Year built
0.10Acre lot
2Garage
2Stories
4 months agoOn market

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

  • Bathroom
  • Bedroom
  • Dining Room
  • Kitchen
  • Master Bathroom
  • Master Bedroom
  • Utility Room

Financial Details

HOA
None
Parcel number
7102029035

Directions

Paramount and Alondra Blvd.

Open Houses

Listing Courtesy: Y Realty - 5628246227

Presented by: Maria Olmos

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-01T00:00:00.000Z 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.

Licensed in the state of California.

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