Listing Agent: Maria Olmos      Broker/Office: Y Realty
16623 Lake Avenue Paramount CA 90723
$ 1,345,000
  5   |    4   |    3117 Sq Feet

Listing ID

#PW26128386

Status

Active

Property Type

Single Family Residence

Property Style

Contemporary

County

Los Angeles

Year Built

2026

Days on website

36

Description
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, 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, 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!
Location
Financial Information
List Price:  $ 1345000
Property Features
Appliances:  Dishwasher, Disposal, Microwave, Refrigerator
Community Features:  Park, Sidewalks
Construction Materials:  Stucco
Direction Faces:  East
Electric:  Standard
Exterior Features:  Lighting
Fencing:  Brick, Wood
Flooring:  Laminate, Vinyl
Foundation Details:  Slab
High School District:  Paramount Unified
Laundry Features:  Inside
Levels:  Two
Parking Features:  Carport, Garage
Patio And Porch Features:  Concrete, Rooftop
Property Condition:  Turnkey
Roof:  Composition
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
High School District:  Paramount Unified
Senior Community YN:  false
MLS Area Major:  RK - Paramount South of Somerset
City:  Paramount
Listed By:   Maria Olmos   Y Realty 
CA Lic#