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Listed by Y Realty, Maria Olmos, Listing Contact: 562-824-6227 
5 Beds
4 Baths
3,117 sqft

$1,325,000

16619 Lake Avenue, Paramount CA, 90723

Price per sqft$425.09
Built in2026
Property size3,117 sqft
Property typeResidential

Overview

Active

Listed May 13, 2026

Updated 17h ago

$70,000. Price Cut! Huge Home, 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 reduc

$8,815/mo

Est. mortgage payment based on a $1,325,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PW26080890

Interior Features

Bedrooms
5
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Garage
Yes
View
Yes

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Data last updated 12:29 PM UTC, 10/8/2026

   

 

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