---
listing_id: CRPW26130970
status: Active
price: 1248888
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 4322
lot_acres: 
year_built: 2026
property_type: Residential Income
property_subtype: Duplex
address: "16623 Lake Ave"
city: Paramount
state: CA
zip: 90723
county: "Los Angeles County"
lat: 33.8828433
lng: -118.1621904
days_on_market: 104
hoa_fee: 
hoa_frequency: 
garage_spaces: 2
list_agent: "Maria Olmos"
list_office: "Y Realty"
list_agent_phone: "–"
list_agent_license: 00956497
mls_source: CRMLS
modified: 2026-10-09
transaction_type: buy
---

Home | Los Angeles County | Paramount | 90723 | 16623 Lake Ave

16623 Lake Ave, Paramount, CA 90723

MLS: CRPW26130970 | Status: Active | Price: $1,248,888
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – 4,322 2026

Upcoming Open Houses

Date Time Hosted By
Saturday, October 10 12:00 pm - 2:00 pm Maria Olmos

Remarks

Huge price drop..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, nothing to repair, and nothing to worry about. One of the most unique features of this property 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, inside laundry area, a private entrance, its own separate address, and 2 dedicated parking spa

MLS Listing Information

Field Value
MLS # CRPW26130970
MLS Source California Regional MLS
Days on Site 104

Features

Interior Features

Feature Details
Kitchen Exhaust Fan
Appliances Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Other, Refrigerator
Flooring Laminate
Cooling Central Forced Air
Heating Forced Air

Exterior Features

Feature Details
Roof Composition
Foundation Slab
Pool None
Style Contemporary, Traditional

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Carport, Garage, Gate/Door Opener, Other, Side By Side, Garage: 2 Car(s)
HOA Fee $0

Contact Information

Maria Olmos
Y Realty
License #: 00956497
Phone: –

Property Units

# Buildings # Leased Units # Total Units
1 – 2

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
McKinley Elementary School public K-5 0.36 mi 6
Wesley Gaines School public K-5 0.46 mi 6
Leona Jackson School public 6-8 0.58 mi 6
Major Lynn Mokler School public K-5 0.78 mi 3
Alondra Middle School public 6-8 0.79 mi 6
Abraham Lincoln School public K-5 0.81 mi 5
Paramount Virtual Academy public K-12 0.94 mi N/A
Hamilton Middle School public 6-8 1.03 mi 4
Jefferson Elementary School public K-5 1.03 mi 5
Frank J. Zamboni School public 6-8 1.07 mi 6
Grant Elementary School public K-5 1.12 mi 4
Paramount Park Middle School public 6-8 1.24 mi 6
Paramount Adult public UG 1.28 mi N/A
Paramount Unified Community Day School public 7-12 1.29 mi N/A
Mark Keppel School public K-5 1.29 mi 4
Cesar Chavez Continuation High School public 9-12 1.35 mi 2
Dominguez High School public 9-12 1.35 mi 6
Thurgood Marshall School public K-12 1.35 mi 2
Captain Raymond Collins School public K-5 1.41 mi 2
Bellflower Adult Education Center public UG 1.41 mi N/A

Nearby Homes

Address Price Beds Baths Sq Ft Status
9138 Rendalia $1,195,000 – – – Active
15359 Eucalyptus Ave $1,275,000 – – – Active

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of October 09, 2026. For the most current information, please contact Maria Olmos.