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16623 Lake Ave

paramount, CA 90723

$1,345,000

  • 5 BR
    4 BA
    approx. 3,117 SF

Interested? Let's Connect

$50,000 PRICE CUT! Great neighbourhood! Huge Price Reduction!! 2026 NEW CONSTRUCTION! Welcome to this beautiful, move-in-ready property in the heart of Paramount, offering a rare and versatile floor plan that is perfect for multi-generational living or generating rental income. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite and an additional guest bathroom. The open-concept design creates a bright and inviting living space where the kitchen flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining. Large windows fill the home with natural light, while modern finishes throughout provide a clean, contemporary feel. Adding even more value is the detached ADU, complete with 2 bedrooms, 1 bathroom, inside laundry area, with its own private entrance, separate address, and 2 dedicated parking spaces. Whether you're looking for rental income, a home for extended family, or a private guest house, this ADU offers outstanding flexibility. Built with quality and energy efficiency in mind, both the main home and ADU include paid solar panels, helping reduce energy costs while providing the benefits of new construction with low-maintenance living. One of the home's most unique features is the spacious rooftop terrace. This incredible space can be used as an outdoor entertaining area, home gym, yoga studio, organic garden, or simply a peaceful place to relax and enjoy the views. The property also includes a 2-car attached garage, and additional parking for the main residence, and is conveniently located near shopping, restaurants, schools, parks, and major freeways for easy commuting. This is an exceptional opportunity for buyers seeking a modern home with income potential, flexible living space, and long-term value! Great and quiet neighbourhood! OPEN HOUSE THURSDAY from 10-1pm and again same day from 4-6pm!

OPEN HOUSE

08/06 4:00PM - 6:00PMAdd to Calendar

Details

3,117 Sq Ft

4,322 Sq Ft Lot Size

single family home

Built in 2026

MLS/Listing ID PW26128386

2 Stories

1 Units

Amenities & Features

Electric Dryer Hookup

Washer Hookup

Cooling - Central Air

Lighting

Rain Gutters

Brick

Dishwasher

Electric Cooktop

Electric Oven

Electric Water Heater

Disposal

Rooftop

Inside

Laundry Room

Lot - Drip Irrigation Bubblers

Lot - Sprinklers in Front

Lot - Near Park

Lot - Sprinkler System

Parking - Carport

Parking - Door Multi

Parking - Direct Access

Parking - Driveway Level

Parking - Garage

Parking - Garage Door Opener

Parking - Garage Faces Rear

Parking - Side-by-side

Concrete

Microwave

Refrigerator

Tankless Water Heater

Vented Exhaust Fan

Water Heater

Style - Contemporary

Style - Modern

Main Level Primary

Bedroomon Main Level

All Bedrooms Up

Recessed Lighting

Stone Countertops

Separate Formal Dining Room

Breakfast Bar

Heating - Forced Air

Slab

Vinyl

Laminate

Wrought-iron

Wood

Public Water

Sewer

Double Pane Windows

Neighborhood View

Composition

Construction - Stucco

Community - Park

Community - Sidewalks

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In 16623 Lake Ave?

NJMLS

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.