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$1,345,000
39 Days On Site

16623 Lake Avenue
Paramount, CA 90723

For Sale|Multi Family|Active
7
Beds
5
Total Baths

SqFt

/SqFt
County:
Los Angeles
Listed by Maria Olmos of Y Realty (562) 824-6227
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
16623 Lake Avenue16623 Lake Avenue16623 Lake Avenue16623 Lake Avenue
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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, with additional parking for the main home and for the ADU. it's 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 this home before it's gone and see everything this beautiful new home has to offer!

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Listing Snapshot
Price 
$1,345,000
Days On Site 
39 Days
Bedrooms 
7
Inside Area (SqFt) 
0.0 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0992 Acres
Year Built 
N/A
MLS® Number 
PW26130970
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
3 weeks agoPrice changed to $1,345,000
4 weeks agoStatus changed to Active
a month agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
Utilities 
Sewer Connected
Zoning 
Assessor
Interior Features
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Stucco
Roof 
Composition
Community Features
Community Features 
Sidewalks
Financing Terms Available 
CashConventionalFHAVA Loan
Listed by Maria Olmos of Y Realty (562) 824-6227



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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