Home | Los Angeles County | Paramount | 90723 | 16619 Lake Ave
MLS: CRPW26080890 | Status: Active | Price: $1,345,000
Beds/Baths: 5 / 4
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 5 | 4 | 3,117 | 4,322 | 2026 |
| Date | Time | Hosted By |
|---|---|---|
| Sunday, August 2 | 1:30 pm - 4:00 pm | Maria Olmos |
$50,000. Price Cut! 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 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 throughout mean nothing to update, nothing to repair, and nothing to worry about. One of the most unique features of this property is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space. The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both
| Field | Value |
|---|---|
| MLS # | CRPW26080890 |
| MLS Source | California Regional MLS |
| Days on Site | 78 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom, Primary Suite/Retreat, Primary Suite/Retreat - 2+, Other |
| Kitchen | Exhaust Fan, Other |
| Appliances | Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Other, Refrigerator |
| Dining Room | Breakfast Bar, Dining Area in Living Room, Formal Dining Room, In Kitchen |
| Fireplace | None |
| Flooring | Laminate |
| Laundry | In Laundry Room, Other |
| Cooling | Central Forced Air |
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Slab |
| Pool | None |
| Style | Contemporary, Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Carport, Garage, Gate/Door Opener, Off-Street Parking, Other, Side By Side, Garage: 2 Car(s) |
| Elementary District | Los Angeles Unified |
| High School District | Los Angeles Unified |
| HOA Fee | $0 |
Maria Olmos
Y Realty
License #: 00956497
Phone: –
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| McKinley Elementary School | public | K-5 | 0.36 mi | 6 |
| Wesley Gaines School | public | K-5 | 0.46 mi | 6 |
| Leona Jackson School | public | 6-8 | 0.58 mi | 6 |
| Major Lynn Mokler School | public | K-5 | 0.78 mi | 3 |
| Alondra Middle School | public | 6-8 | 0.79 mi | 6 |
| Abraham Lincoln School | public | K-5 | 0.80 mi | 5 |
| Paramount Virtual Academy | public | K-12 | 0.93 mi | N/A |
| Hamilton Middle School | public | 6-8 | 1.03 mi | 4 |
| Jefferson Elementary School | public | K-5 | 1.03 mi | 5 |
| Frank J. Zamboni School | public | 6-8 | 1.07 mi | 6 |
| Grant Elementary School | public | K-5 | 1.13 mi | 4 |
| Paramount Park Middle School | public | 6-8 | 1.24 mi | 6 |
| Paramount Adult | public | UG | 1.27 mi | N/A |
| Paramount Unified Community Day School | public | 7-12 | 1.28 mi | N/A |
| Mark Keppel School | public | K-5 | 1.29 mi | 4 |
| Cesar Chavez Continuation High School | public | 9-12 | 1.35 mi | 2 |
| Dominguez High School | public | 9-12 | 1.35 mi | 6 |
| Thurgood Marshall School | public | K-12 | 1.35 mi | 2 |
| Captain Raymond Collins School | public | K-5 | 1.41 mi | 2 |
| Bellflower Adult Education Center | public | UG | 1.41 mi | N/A |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 16822 Ardmore | $1,215,000 | 4 | 2 | 2,217 | Contingent |
| 15540 Colorado Ave | $1,239,000 | 6 | 4 | 2,611 | Active |
| 16623 Lake Ave | $1,345,000 | 5 | 4 | 3,117 | Active |
| 6228 Lemon Ave | $1,195,000 | 4 | 3 | 1,554 | Active |
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 31, 2026. For the most current information, please contact Maria Olmos.