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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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16623 Lake Avenue, Paramount – $1,345,000

  • 5 Beds
  • 4 Baths
  • 3,117 Sqft
  • .1 Acres
  • 5 Beds
  • 4 Baths
  • 3,117 Sqft
  • .1 Acres

16623 Lake Avenue

$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 neighborhood!..OPEN HOUSE SATURDAY 8/29 FROM 1-4 PM. SEE YOU SOON.!

Essential Information

  • MLS® #PW26128386
  • Price$1,345,000
  • Bedrooms5
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,117
  • Acres0.10
  • Year Built2026
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleContemporary, Modern
  • StatusActive

Community Information

  • Address16623 Lake Avenue
  • CityParamount
  • CountyLos Angeles
  • Zip Code90723

Area

RK - Paramount South of Somerset

Amenities

  • Parking Spaces4
  • # of Garages2
  • ViewNeighborhood
  • PoolNone

Utilities

Electricity Connected, Sewer Connected, Water Connected

Parking

Carport, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, Side By Side

Garages

Carport, Door-Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, Side By Side

Interior

  • InteriorLaminate, Vinyl
  • HeatingForced Air
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories2
  • StoriesTwo

Interior Features

Breakfast Bar, Separate/Formal Dining Room, Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom on Main Level, Main Level Primary

Appliances

Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater

Exterior

  • ExteriorStucco
  • Exterior FeaturesLighting, Rain Gutters
  • WindowsDouble Pane Windows
  • RoofComposition
  • ConstructionStucco
  • FoundationSlab

Lot Description

ZeroToOneUnitAcre, Drip Irrigation/Bubblers, Sprinklers In Front, Near Park, Sprinkler System

School Information

  • DistrictParamount Unified

Additional Information

  • Date ListedJune 12th, 2026
  • Days on Market64

Listing Details

  • AgentMaria Olmos
  • OfficeY Realty
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Price Change History for 16623 Lake Avenue, Paramount, (MLS® #PW26128386)

Date Details Change
Price Reduced from $1,395,000 to $1,345,000 $50,000 (3.58%)
Status Changed from Coming Soon to Active

Maria Olmos, Y Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of August 30th, 2026 at 5:15am PDT. 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.