Multi-Family $ 1,345,000

16623 Lake AVE

Paramount, CA 90723

  • 4,321 Lot Size
  • 2026 Year Built
HUGE PRICE REDUCTION--2026 NEW CONSTRUCTION! This is your opportunity to own one of Paramount's best values. Beautifully designed and move-in ready, this exceptional property offers a rare combination of modern living, flexible space, and income potential. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The bright open floor plan is filled with natural light and offers a seamless flow between the living room, dining area, and gourmet kitchen. The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, abundant cabinet space, and a large center island. The detached ADU adds incredible value with 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own address, and 2 dedicated parking spaces. It is perfect for extended family, guests, or rental income. Built with quality and energy efficiency in mind, both homes include paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof flooring, EV charger readiness, and separate laundry areas. One of the highlights of this property is the spacious rooftop terrace. Create your own outdoor lounge, home gym, yoga retreat, entertaining space, or simply relax and enjoy the open views. The property also offers a 2-car attached garage, additional parking, and is conveniently located near schools, shopping, restaurants, parks, and major freeways.
Whether you're looking for a spacious family home, a property with rental income, or a smart long-term investment, this home checks all the boxes. Don't miss this incredible opportunity. Visit our Open House this Saturday and Sunday and see everything this beautiful new home has to offer!
Listed by Maria Olmos of Y Realty

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID PW26130970

    Construction Status Turnkey

    HOA Y/N No

    Year Built 2026

    Lot Size 4,321 Sqft

    Property Sub-Type Duplex

  • Location

    State CA

    County Los Angeles

    Area Rk - Paramount South Of Somerset

  • Building

    Lot Description 0-1 Unit/Acre, Drip Irrigation/Bubblers, Near Park, Sprinkler System

    Faces East

    Story 2

    Entry Level One,Two

    Foundation Slab

    Sewer Sewer Tap Paid

    Water Public

    Architectural Style Contemporary, Traditional

    Level or Stories One, Two

    New Construction Yes

    Construction Status Turnkey

  • Interior

    Interior Features Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Utility Room, Walk-In Closet(s)

    Heating Forced Air

    Cooling Central Air

    Flooring Laminate, Vinyl

    Fireplaces Type None

    Fireplace No

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

    Laundry Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room

  • Exterior

    Exterior Feature Rain Gutters

    Parking Features Attached Carport, Concrete, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, Side By Side

    Garage Spaces 2.0

    Carport Spaces 2

    Garage Description 2.0

    Fence Block, Wood, Wrought Iron

    Pool None

    Community Features Gutter(s), Sidewalks, Park

    Utilities Available Electricity Connected, Sewer Connected, Water Connected

    View Y/N Yes

    View Neighborhood

    Roof Type Composition

    Total Parking Spaces 8

    Private Pool No

  • Others

    Senior Community No

    Tax ID 6046004063

    Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Submit, VA Loan

    Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Submit, VA Loan

    Special Listing Condition Standard

SIMILAR HOMES FOR SALE

Check for similar Multi-Familys at price around $1,345,000 in Paramount,CA

CONTACT

Maria Olmos
Maria Olmos

GET IN TOUCH

Your Full Name
Your Phone Number*
Write Your Message