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$1,248,888

Est. payment - /mo

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7 Beds

5 Baths

3,117 SqFt

Price Dropped by $76K

16623 Lake Avenue Paramount, CA 90723

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Jason Fogelman

jason@foghomes.com +1(858) 204-4262

Open House

Wed Nov 11, 2:00pm - 5:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,117 sqft

Price per Sqft $400

MLS Listing ID PW26128386

Style Contemporary,Modern

Bedrooms 7

Full Baths 5

Year Built 2026

Lot Size 4,322 Sqft

Property Sub-Type Detached

Property Description

The home you love...the opportunity you were waiting for $150,000 Price Cut! Large Home, Lowest price in the area for New Construction of this size, plus a large 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 ~2300 sq. ft. of living space with 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 are throughout- no repairs, no upgrades, and no worries. The ~817 sq. ft. ADU is a complete 2-bedroom, 1-bath residence with its own address and the same cohesive look and finish as the main home. It functions independently with a private entrance, dedicated parking, separate utilities, its own laundry, a full kitchen with quartz counters and stainless appliances, and open living and dining areas. 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. It also offers additional storage inside and out! Modern convenience continues with exterior cameras included. The income potenti

Location

State CA

County Los Angeles

Direction Paramount Blvd & Harrison

Interior

Interior Features Recessed Lighting, Stone Counters

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate, Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Vented Exhaust Fan

Laundry Electric, Washer Hookup

Exterior

Parking Features Direct Garage Access, Garage - Two Door, Garage Door Opener

Garage Spaces 2.0

Fence Wood, Wrought Iron

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Composition

Porch Concrete, Roof Top

Total Parking Spaces 7

Building

Story 2

Sewer Sewer Paid

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 6046004063

Acceptable Financing Cash, Cash To New Loan, Conventional, Exchange, FHA, Land Contract, Submit, VA

Listing Terms Cash, Cash To New Loan, Conventional, Exchange, FHA, Land Contract, Submit, VA

Special Listing Condition Standard

Virtual Tour https://youtu.be/9kEwzY_KHiU

Listed by Maria Olmos, DRE#00956497 Y Realty
Co-listed byNON LISTED OFFICE

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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16623 Lake Avenue Paramount, CA 90723

Jason Fogelman

Open House

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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16623 Lake Avenue