Kathleen Craig

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16623 Lake AvenueParamount, CA 90723

Single Family · 5 Beds · 4 Full Baths · 3,117 Sq. ft. | 0.10 Acres
$1,395,000 Active

16623 Lake Avenue Overview

Time on Site:
17 days
Visits:
0

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.

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16623 Lake Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 3,117
  • Price/Sq.ft. $448
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Paramount Unified

Listing Information

  • Contingency: None

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: RK - Paramount South of Somerset
  • Postal City: PARAMOUNT

Community/Development

  • Community Features: Sidewalks,Park

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,Contract,1031 Exchange,FHA,Submit,VA Loan
  • Parcel Number: 6046004063
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 5

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Microwave,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water Heater
  • Common Walls: No Common Walls
  • Electric: Standard
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate,Vinyl
  • Foundation Details: Slab
  • Interior Features: Breakfast Bar,Separate/Formal Dining Room,Stone Counters,Recessed Lighting,All Bedrooms Up,Bedroom on Main Level,Main Level Primary
  • Laundry Features: Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
  • Levels: Two
  • Living Area: 3117.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Carport,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,Side By Side
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre,Drip Irrigation/Bubblers,Sprinklers In Front,Near Park,Sprinkler System
  • Lot Size Area: 4322.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4322.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Contemporary,Modern
    • Attached Garage: Yes
    • Construction Materials: Stucco
    • Direction Faces: East
    • Patio And Porch Features: Concrete,Rooftop
    • Property Attached: No
    • Roof: Composition
    • Structure Type: House

    General Information

    • Carport Spaces: 2.0
    • Carport: Yes
    • Exterior Features: Lighting,Rain Gutters
    • Fencing: Brick,Wood,Wrought Iron
    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Sewer Tap Paid
    • Utilities: Electricity Connected,Sewer Connected,Water Connected

    16623 Lake Avenue Neighborhood

    Community

    90723 (Paramount) Demographics

    32
    Median Age
    11,321
    Population Density (per sq. mile)
    19%
    College Educated
    $57,313
    Estimated Median Income
    5,963
    Estimated Total Home Owners
    8,193
    Estimated Total Renters
    42% / 58%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    16623 Lake Avenue Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    16623 Lake Avenue Market Data

    Based on the last 30 days in this zip code

    $629,701
    Average List Price
    $487
    Average Price per Square Foot
    7
    Properties Sold
    78
    Average Days on Market
    73
    Properties for Sale
    Calculations provided by Reliance Network

    16623 Lake Avenue History

    Date Event Value Agent
    6/29/2026Source: CRMLS Status Change
    Active
    6/29/2026Source: CRMLS Status Change
    Active
    6/24/2026Source: CRMLS Added to Database
    June 24, 2026
    6/12/2026Source: CRMLS Added to Database
    June 12, 2026
    Listing provided courtesy of Y RealtyMaria Olmos- MLS# PW26128386MLS ProviderContact Information: [email protected] - 877-976-5348