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Open House Times
- Sun. Oct. 18 at 1:00pm to 4:00pm
About the Listing PB21589 - NOLMOMAR
This is the home you love, and the opportunity you were waiting for. Almost $150,000 Price Cut! Large Home, Lowest price in the area for a new house of this size and 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 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, repair, or worry about. 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.,Also loaded with additional storage inside and out! The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, an indoor laundry area, 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 the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.!! OPEN HOUSE SUNDAY 10/18 FROM 1-4PM!
Listing Highlights for 16619 Lake Ave
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor: Laminate,Vinyl
- Basement:
- Other: Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,Stone Counters,Recessed Lighting,All Bedrooms Up,Bedroom on Main Level,Main Level Primary,Multiple Primary Suites,Utility Room,Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Drip Irrigation/Bubblers,Sprinklers In Front,Near Park,Sprinkler System,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Roof: Composition
- Others: Rain Gutters,Turnkey,Stucco,Has ADU
- Sewer: Sewer Tap Paid
- Parking Features: Attached Carport,Concrete,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,On Street,Side By Side
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7102029035
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
16619 Lake Ave Paramount, CA 90723
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