16623 Lake Ave

Paramount, CA 90723

$1,395,000
Price
7
Beds
5
Baths
3,117 Sq. Ft.
$448 / Sq. Ft.
3,117
Sq. Ft.
$448
per Sq. Ft.
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Virtually Staged
Virtually Staged
Virtually Staged
Virtually Staged
Virtually Staged
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Virtually Staged
Virtually Staged
Virtually Staged
Virtually Staged
Virtually Staged
Virtually Staged
virtually enhanced

Description

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...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.!
  1. Listed by Maria Olmos • DRE #00956497 • Brokerage DRE #02202700 • Y Realty • 5628246227

Property Details for 16623 Lake Avenue

Architectural Style
Traditional, Contemporary
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 07/03/2026 03:22 AM

Property Details for 16623 Lake Avenue

StatusActive
MLS #PW26130970
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2026
Lot Size0.10 AC / 4,322 SF
CountyLos Angeles County
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Location

Listing Courtesy of Y Realty, Maria Olmos, DRE #00956497
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Building Information for 16623 Lake Avenue

Stories2Residences-Year Built2026Building Size-Lot Size0.10 AC / 4,322 SF

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$7,115 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,951

Property Taxes

$164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16623 Lake Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 7811
  • CFD/Mello-Roos Fee: $130
  • Tax Lot: 51
Community / Development
Community / Development
  • Community Features: Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Tankless Water Heater, Electric Water Heater, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Vented Exhaust Fan, Microwave, Water Heater
  • Equipment: Dishwasher, Electric Dryer Hookup, Hookup - Electric, Inside, Microwave, Refrigerator, Room, Vented Exhaust Fan, Washer Hookup
  • Interior Features: Recessed Lighting, Stone Counters
  • Room Type: Walk-In Closet, Primary Bedroom, Utility Room, All Bedrooms Up, Main Floor Primary Bedroom, Two Primaries, Main Floor Bedroom, Primary Bathroom
  • Bedroom Features: All Bedrooms Up, Main Floor Bedroom, WalkInCloset
  • Water Heater Features: Electric, Tankless
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room, Electric Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Vinyl, Laminate
  • Flooring: Vinyl, Laminate
Exterior Features
  • Window Features: Double Pane Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood, Wrought Iron
  • Fencing: Block, Wood, Wrought Iron
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Sprinklers Drip System, Sprinkler System
  • Direction Faces: East
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One, Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Electric: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance, Door Opener, Garage, Garage - 2 Car, Side By Side
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: Garage, Concrete, Direct Garage Access, Driveway Level, Garage Faces Rear, Side by Side, Garage Door Opener, Attached Carport, Garage - Two Door
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Type: 2
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 4
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 16623 Lake Avenue

DateEvent & SourcePriceAppreciation
Jun 27, 2026

Listed (Active)

CRMLS #PW26130970

$1,395,000—
Jun 27, 2026

Listed (Active)

CRMLS #PW26128386

$1,395,000—
Jun 18, 2026

Listed (Active)

SDMLS #PW26130970

$1,395,000—
DateEvent & SourcePrice
06/27/2026

Listed (Active)

CRMLS #PW26130970

$1,395,000
06/27/2026

Listed (Active)

CRMLS #PW26128386

$1,395,000
06/18/2026

Listed (Active)

SDMLS #PW26130970

$1,395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16623 Lake Avenue

Taxable ValueLand$147,900Additions-Total$147,900
Tax Record2025$1,963 ($164 / month)
Home Facts
Beds0StyleResidentialZoningPAR2*CountyLOS ANGELESAPN7102-029-036

Schools near 16623 Lake Avenue

This home is within Paramount Unified School District.
Rating
School
Type
Grades
Distance
Major Lynn Mokler School
Public - K to 5
Alondra Middle School
Public - 6 to 8
Buena Vista High School
Public - 9 to 12
Paramount High School
Public - 9 to 12
Rating
School
Distance
Major Lynn Mokler School
PublicK to 5

Alondra Middle School
Public6 to 8

Buena Vista High School
Public9 to 12

Paramount High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 16623 Lake Avenue, Paramount, CA 90723

16623 Lake Avenue is a multi-family home for sale in Paramount, CA 90723. This property was listed for sale on June 18, 2026 by Y Realty, it's currently listed at $1,395,000. This listing's school district is Paramount Unified School District. Nearby schools include Major Lynn Mokler School, Alondra Middle School and Buena Vista High School. 16623 Lake Avenue is a 7-bed, 5-bath, 3,117 sqft multi-family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Y Realty, Maria Olmos, DRE #00956497

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.