16623 Lake Avenue, Paramount, CA 90723
- $1,345,000
- 5
- BD
- 4
- BA
- 3,117
- SqFt
- List Price
- $1,345,000
- Price Change
- ▼ $50,000 1783650130
- Status
- ACTIVE
- MLS#
- PW26128386
- Year Built
- 2026
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 3,117
- Lot Size
- 4,322
- Acres
- 0.10
- Lot Location
- 0-1 Unit/Acre, Drip Irrigation/Bubblers, Sprinklers In Front, Near Park, Sprinkler System
- Days on Market
- 30
- Property Type
- Single Family Residential
- Style
- Contemporary, Modern
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
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, 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!
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Additional Information
- Appliances
- Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Exterior Construction
- Stucco
- Patio
- Concrete, Rooftop
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Sewer Tap Paid
- Water
- Public
- School District
- Paramount Unified
- Interior Features
- Breakfast Bar, Separate/Formal Dining Room, Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary
- Attached Structure
- Detached
- Number Of Units Total
- 1
Listing courtesy of Listing Agent: Maria Olmos (msolmos@me.com) from Listing Office: Y Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.