16623 Lake Avenue, Paramount, CA 90723 - Berkshire Hathaway HomeServices California Properties

$50,000 PRICE CUT!! HUGE PRICE REDUCTION--2026 NEW CONSTRUCTION! This is your opportunity to own one of Paramount's best values. Beautifully designed and move-in ready, this exceptional property offers a rare combination of modern living, flexible space, and income potential. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The bright open floor plan is filled with natural light and offers a seamless flow between the living room, dining area, and gourmet kitchen. The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, abundant cabinet space, and a large center island. The detached ADU adds incredible value with 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own address, and 2 dedicated parking spaces. It is perfect for extended family, guests, or rental income. Built with quality and energy efficiency in mind, both homes include paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof flooring, EV charger readiness, and separate laundry areas. One of the highlights of this property is the spacious rooftop terrace. Create your own outdoor lounge, home gym, yoga retreat, entertaining space, or simply relax and enjoy the open views. The property also offers a 2-car attached garage, with additional parking for the main home and for the ADU. it's conveniently located near schools, shopping, restaurants, parks, and major freeways. Whether you're looking for a spacious family home, a property with rental income, or a smart long-term investment, this home checks all the boxes. Don't miss this incredible opportunity. Visit this home before it's gone and see everything this beautiful new home has to offer! OPEN HOUSE SUNDAY 8/9 FROM 1-4!

Property type: Duplex (Multi-Family)

Status: Active

MLS# PW26130970

List price is $1,345,000 Reduced by $50,000 on 7/9/2026

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 2026

1 story

0.10 acres

Lot size: 0.0992

County: Los Angeles

Property style: Contemporary,Traditional

Construction: Stucco

Interior features: Stone Counters,Recessed Lighting,All Bedrooms Up,Bedroom on Main Level,Main Level Primary,Multiple Primary Suites,Utility Room,Walk-In Closet(s)

Exterior features: Rain Gutters

Appliances: Dishwasher,Electric Cooktop,Electric Water Heater,Disposal,Microwave,Refrigerator,Tankless Water Heater,Vented Exhaust Fan,Water Heater

Parking description: Attached Carport,Concrete,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,Side By Side

Lot description: ZeroToOneUnitAcre,Drip Irrigation/Bubblers,Near Park,Sprinkler System

Heating/cooling: Central Air

Heating description: Forced Air

MLS area: RK - Paramount South of Somerset

Last Updated: 8/11/2026

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This listing belongs to the RK - Paramount South of Somerset MLS area

The style of this listing is Contemporary,Traditional.
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Lat/Long: 33.882968, -118.162196.
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Listing Agent: Maria Olmos
Lic#: 00995175
Office Name: Beverly Hills

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No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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