16619 Lake Avenue

Paramount, CA
$ 1,345,000 Beds 5 Baths 4 Sq 3,117 Virtual Tour
Monthly Estimate* How much can I afford?

$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.!!

Active

  • Price
  • $ 1,345,000
  • City
  • Paramount
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • Los Angeles
  • Half Bathrooms
  • 0
  • Area
  • Paramount South of Somerset
  • Lot Size
  • 0.0992 Acres
  • Zip
  • 90723
  • Sqr Footage
  • 3,117
  • Year Built
  • 2026
  • Style
  • MLS#
  • PW26080890
Listed By: Maria Olmos with Y Realty; 5628246227
Data Source: California Regional MLS (CRMLS)

Features

General

Living Area 3117
Sewer Sewer Tap Paid
Heating Forced Air
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Composition
Appliances Dishwasher,Electric Cooktop,Electric Water Heater,Disposal,Microwave,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water Heater
Garage Spaces 2
Architectural Style Contemporary,Traditional
Pool Features None
Construction Materials Stucco
Year Built 2026
Electric 220 Volts in Garage,Standard
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Sidewalks,Park
County Los Angeles
New Construction true
Property Type Residential
HOA false
Attached Garage true
Contingency Easy to show please call agent Maria Olmos at 562-824-6227
Facing Direction East
Garage Y/N true
Green Energy Generation Solar
Green Water Conservation Low-Flow Fixtures
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Paramount and Alondra Blvd.
City Paramount
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 4
Number Of Units Total 1
MLS Area RK - Paramount South of Somerset
Lot Size Units Square Feet
Lot Size Square Feet 4322
Carport Spaces 2
Carport Y/N true
Listing Terms Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.wellcomemat.com/mls/58p84c1949741moka
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 51
Virtual Tour https://www.wellcomemat.com/video/58p84c1949741moka/PAR/CA/90723/16619-Lake-AV/PW26080890/
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-05-13
PostalCity PARAMOUNT

Interior Features

Interior Amenities 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
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 2
LivingAreaSource Assessor
Total Baths 4

Exterior Features

Exterior Amenities Rain Gutters
Fencing Block,Wood,Wrought Iron
Parking Features Attached Carport,Concrete,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,On Street,Side By Side
Lot Features 0-1 Unit/Acre,Drip Irrigation/Bubblers,Sprinklers In Front,Near Park,Sprinkler System
Water Source Public
Total Parking 8
Lot Size Area 4322
Foundation Details Slab
Spa false
Lot Size Acres 0.0992
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/1/2026 Listed $1,395,000
7/10/2026 4% - $1,345,000

Property vs Zip Code Average in 90723

Price
AVG $810K
$1.35M
Year Built
AVG 1961
2026

Areas That We Cover

16619 Lake Avenue Paramount, CA is a Single Family Home for sale at $1345000 with 3117 sqft and a lot size of 0.0992 Acres Acre(s). 16619 Lake Avenue Paramount has 5 bedrooms, 4 baths and was built in 2026. The property's zip code is 90723 which is in Paramount, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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