16623 Lake Avenue, Paramount, CA 90723
For Sale
$1,395,000

16623 Lake Avenue
Paramount, CA 90723

2026 NEW CONSTRUCTION! Welcome to this beautiful, move-in-ready property in the heart of Paramount, offering a rare and versatile floor plan perfect for multi-generational living or rental income. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient primary suite on the first floor 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. Open House Sunday, June 28, from 11:00 AM to 2:00 PM.
Read More
Listing Agent: Maria Olmos | Office: Y Realty
Read More
William Lim Group
William Lim Real Estate Group, Inc
Advertising Agent:
William Lim Group
William Lim Real Estate Group, Inc
Listing Agent:
Maria Olmos
Y Realty
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-29 08:52:02 (GMT / UTC +0) 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.
Want to know the value of your home?
Our staff will figure it out for you for FREE.

Let's Talk Real Estate!

chat_bubble
close
Get A FREE Home Valuation!
LET'S DO IT!