16623 Lake Avenue, Paramount, CA 90723
- $1,345,000
- List Price
- $1,345,000
- Price Change
- ▼ $50,000 1783650134
- Status
- ACTIVE
- MLS#
- PW26130970
- Year Built
- 2026
- Lot Size
- 4,322
- Acres
- 0.10
- Lot Location
- 0-1 Unit/Acre, Drip Irrigation/Bubblers, Near Park, Sprinkler System
- Days on Market
- 30
- Property Type
- Multifamily
- Style
- Contemporary, Traditional
- Property Sub Type
- Duplex
- Stories
- One Level, Two Levels
Property Description
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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Additional Information
- Appliances
- Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Utility Room, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Maria Olmos (msolmos@me.com) from Listing Office: Y Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.