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New construction
    • Listed by: Y Realty • Maria Olmos • Contact: 5628246227
    Price cut: $76.1K (10/8)
    $1,248,888

    16619 Lake Ave, Paramount, CA 90723

    5beds
    3,117sqft
    : 
    $8,723/mo
    Get pre-qualified
    Single Family Residence
    Built in 2026
    4,322 Square Feet Lot
    $-- Zestimate®
    $401/sqft
    $-- HOA

    What's special

    This is the home you love, and the opportunity you were waiting for. Almost $150,000 Price Cut! Large 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, repair, or worry about. One of this property's most unique features 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, an indoor 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 10/10 FROM 12-2PM!
    151 days
    523
    30

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Olmos DRE #00956497 5628246227,

    Y Realty

    Source: CRMLS,MLS#: PW26080890MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Bedroom, Primary Bathroom, Primary Bedroom, Other, Utility Room, Dining Room
      Primary bedroom
      • Features: Main Level Primary
      Primary bedroom
      • Features: Multiple Primary Suites
      Bedroom
      • Features: All Bedrooms Up
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathroom Exhaust Fan, Dual Sinks, Full Bath on Main Level, Humidity Controlled, Low Flow Plumbing Fixtures, Quartz Counters, Separate Shower, Tub Shower
      Kitchen
      • Features: Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Self-closing Cabinet Doors, Self-closing Drawers
      Other
      • Features: Walk-In Closet(s)
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: 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
      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)
      • Flooring: Laminate, Vinyl
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,117 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached Carport, Concrete, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, On Street, Side By Side
      • Attached garage spaces: 2
      • Carport spaces: 2
      • Covered spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Block,Wood,Wrought Iron
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 4,322 Square Feet
      • Features: 0-1 Unit/Acre, Drip Irrigation/Bubblers, Sprinklers In Front, Near Park, Sprinkler System
      Details
      • Parcel number: 7102029035
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Turnkey
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Electric: 220 Volts in Garage, Standard
      • Sewer: Sewer Tap Paid
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: Solar
      • Water conservation: Low-Flow Fixtures

      Community & HOA

      Community
      • Features: Sidewalks, Park
      Location
      • Region: Paramount

      Financial & listing details

      • Price per square foot: $401/sqft
      • Tax assessed value: $255,000
      • Date on market: 5/13/2026
      • Cumulative days on market: 151 days
      • Listing terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,249/mo

        Price history

        DateEventPrice
        10/8/2026Price change$1,248,888-5.7%$401/sqft
        Source: CRMLS #PW26080890 Report a problem
        10/2/2026Price change$1,325,000-1.5%$425/sqft
        Source: CRMLS #PW26080890 Report a problem
        7/9/2026Price change$1,345,000-3.6%$432/sqft
        Source: CRMLS #PW26080890 Report a problem
        5/13/2026Listed for sale$1,395,000$448/sqft
        Source: CRMLS #PW26080890 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $255,000 +72.4%
        2025$1,914 +4.1%$147,900 +2%
        2024$1,839 $145,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 90723

        Getting around

        74 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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