16619 Lake Ave , Paramount, CA 90723
$1,345,000
Est. Payment: $7,124.00/mo
5 Bed
4 Bath
3117 Sqft
Status: Active | Days on site: 130
Get Pre-Qualified
PB21589 - NOLMOMAR
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House 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 9/19 AND 9/20 FROM 12-4PM SEE YOU THERE.!!

Highlights

Listed by Maria Olmos , 5628246227 Y Realty , 877-976-5348. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.1

Year Built

2026

County

Los Angeles

Area

RK - Paramount South of Somerset

School District

Los Angeles Unified

Listing ID

PW26080890

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Air Cond:Central Air
Fireplaces:
Floor:Laminate,Vinyl
Other:
  • Additional: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)
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,Drip Irrigation/Bubblers,Sprinklers In Front,Near Park,Sprinkler System,No Land Lease
Garage Capacity:8
Roof:Composition
Others:
  • Additional:Rain Gutters, Turnkey, Stucco, Has ADU
Sewer:Sewer Tap Paid
Parking Features:Attached Carport,Concrete,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,On Street,Side By Side
Principal Interest
$7,124
Taxes
$857

Home Price

$1,345,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$269,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,124.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,124.00 $857.44 $0.00 $7,981.44
Yearly $85,488.02 $10,289.25 $0.00 $95,777.27
Total $2,564,640.68 $308,677.50 $0.00 $2,873,318.18

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Paramount, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T09:06:11.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS