# 16623 Lake Avenue, Paramount, CA 90723 > **TL;DR:** 5bd/4ba single family, $1,345,000 ($432/sqft), built 2026, 3,117 sqft. > Solar, A/C, 2-car garage. Est. $7,193/mo. Listed 110 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,345,000 | | Price/sqft | $432 | | Bedrooms | 5 | | Bathrooms | 4 full | | Square Feet | 3,117 | | Year Built | 2026 | | Lot Size | 4,321 sqft (0.10 acres) | | Stories | 2 | | Garage | 2-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 110 | ## Why This Home Stands Out - **Solar Panels** - Solar panels listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,801 | | Estimated Insurance | $392 | | **Total** | **$7,193** | ## Key Amenities - Solar - A/C - 2-car garage ## Property Highlights - Built in 2026 - 0.10 acre lot - 2 stories - 4 parking spaces ## Description ### Agent Description $50,000 PRICE CUT! Great area! 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, 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 convenient access to 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 AND SUNDAY 9/26 AND 9/27 FROM 12-4PM SEE YOU THERE.!! ## Location - **Address:** 16623 Lake Avenue, Paramount, CA 90723 - **County:** Los Angeles - **Coordinates:** 33.882838, -118.162193 - **Google Maps:** https://www.google.com/maps?q=33.882838,-118.162193 ## Virtual Tour & Media - **Video Tour:** https://www.wellcomemat.com/mls/58p864b2e9931mokb ## Listing Agent - **Name:** Maria Olmos · **License:** 00956497 - **Brokerage:** Y Realty - **Phone:** 5628246227 - **Broker Phone:** (877) 976-5348 ## Photos ![16623 Lake Avenue - Photo 1](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1682550977r.jpg) ![16623 Lake Avenue - Photo 2](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f126492274r.jpg) ![16623 Lake Avenue - Photo 3](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1036280289r.jpg) ![16623 Lake Avenue - Photo 4](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2682128103r.jpg) ![16623 Lake Avenue - Photo 5](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1787692169r.jpg) ![16623 Lake Avenue - Photo 6](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f206743509r.jpg) ![16623 Lake Avenue - Photo 7](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f233593757r.jpg) ![16623 Lake Avenue - Photo 8](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3760357800r.jpg) ![16623 Lake Avenue - Photo 9](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2543831366r.jpg) ![16623 Lake Avenue - Photo 10](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3944420853r.jpg) ![16623 Lake Avenue - Photo 11](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f268372032r.jpg) ![16623 Lake Avenue - Photo 12](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f4230194478r.jpg) ![16623 Lake Avenue - Photo 13](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2996551143r.jpg) ![16623 Lake Avenue - Photo 14](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3404090148r.jpg) ![16623 Lake Avenue - Photo 15](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2946001446r.jpg) ![16623 Lake Avenue - Photo 16](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f404051012r.jpg) ![16623 Lake Avenue - Photo 17](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2154816572r.jpg) ![16623 Lake Avenue - Photo 18](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f152553241r.jpg) ![16623 Lake Avenue - Photo 19](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f980897345r.jpg) ![16623 Lake Avenue - Photo 20](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f444886111r.jpg) ![16623 Lake Avenue - Photo 21](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2755172843r.jpg) ![16623 Lake Avenue - Photo 22](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f412725077r.jpg) ![16623 Lake Avenue - Photo 23](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2597077373r.jpg) ![16623 Lake Avenue - Photo 24](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2764926452r.jpg) ![16623 Lake Avenue - Photo 25](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3574278350r.jpg) ![16623 Lake Avenue - Photo 26](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2036694038r.jpg) ![16623 Lake Avenue - Photo 27](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f815211921r.jpg) ![16623 Lake Avenue - Photo 28](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3108297784r.jpg) ![16623 Lake Avenue - Photo 29](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2714372123r.jpg) ![16623 Lake Avenue - Photo 30](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3383673323r.jpg) ![16623 Lake Avenue - Photo 31](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2745323950r.jpg) ![16623 Lake Avenue - Photo 32](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2435858979r.jpg) ![16623 Lake Avenue - Photo 33](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1634463010r.jpg) ![16623 Lake Avenue - Photo 34](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1815017155r.jpg) ![16623 Lake Avenue - Photo 35](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f2075398736r.jpg) ![16623 Lake Avenue - Photo 36](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f3707780257r.jpg) ![16623 Lake Avenue - Photo 37](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f354694116r.jpg) ![16623 Lake Avenue - Photo 38](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f334366262r.jpg) ![16623 Lake Avenue - Photo 39](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f1555191403r.jpg) ![16623 Lake Avenue - Photo 40](http://lh.rdcpix.com/148287a86e2919e228670a00484066d4l-f4160624723r.jpg) --- **MLS#:** PW26128386 | **Updated:** 2026-09-29 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/16623-lake-avenue-paramount-ca-90723-26128386) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/16623-lake-avenue-paramount-ca-90723-26128386#listing", "url": "https://www.propertysimple.ai/listing/16623-lake-avenue-paramount-ca-90723-26128386", "name": "16623 Lake Avenue, Paramount, CA 90723", "description": "$50,000 PRICE CUT! Great area! 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, 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. 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