16619 Lake AVE, Paramount, CA 90723
16619 Lake AVE, Paramount, CA 90723
16619 Lake AVE, Paramount, CA 90723
16619 Lake AVE, Paramount, CA 90723
16619 Lake AVE, Paramount, CA 90723
16619 Lake AVE, Paramount, CA 90723
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$ 1,345,000
Est. payment | /mo

5 Beds

4 Baths

3,117 SqFt


$ 1,345,000
Est. payment | /mo

5 Beds

4 Baths

3,117 SqFt

Open House

Wed Jul 29, 4:00pm - 7:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,117 sqft

Price per Sqft $431

MLS Listing ID PW26080890

Bedrooms 5

Full Baths 4

Construction Status Turnkey

HOA Y/N No

Year Built 2026

Lot Size 4,321 Sqft

Property Sub-Type Single Family Residence

Property Description

Price reduced $50,000. 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, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space.
The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, inside laundry, 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 Tomorrow Wednesday Evening from 4-7pm See you there.

Location

State CA

County Los Angeles

Area Rk - Paramount South Of Somerset

Rooms

Main Level Bedrooms 1

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, 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, On Street, Side By Side

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Fence Block, Wood, Wrought Iron

Pool None

Community Features 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

Building

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

Dwelling Type House

Faces East

Story 2

Entry Level One

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Architectural Style Contemporary, Traditional

Level or Stories One

New Construction Yes

Construction Status Turnkey

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 7102029035

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

Green/Energy Cert Solar

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

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/58p8164a36e31mmq6

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Maria Olmos Y Realty 5628246227, DRE #00956497

NEARBY SCHOOLS & PROPERTIES

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Maria Olmos

Agent | License ID: 00956497

+1(562) 824-6227 | msolmos2@gmail.com

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16619 Lake AVE