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Paramount, CA

$1,345,000

16619 Lake Avenue, Paramount, CA
5
Beds
4
Baths
3,117
Sq Ft
2026
Built
74
Days listed

About this home

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 for the ADU. It's 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!

Facts & features

Interior
Bedrooms
5
Bathrooms
4 full
Living area
3,117 sq ft
Interior features
Breakfast Bar, Separate Formal Dining Room, Eat In Kitchen, Stone Counters, Recessed Lighting, All Bedrooms Up, Bedroom On Main Level, Main Level Primary, Multiple Primary Suites, Utility Room, Walk In Closets
Appliances
Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
Flooring
Laminate, Vinyl
Fireplace
None
Heating
Forced Air
Cooling
Central Air
Laundry
Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Levels
One
Spa
None
Exterior & lot
Lot size
0.099 acres (4,322 sq ft)
Pool
None
View
Neighborhood
Architectural style
Contemporary, Traditional
Year built
2026
New construction
Yes
Parking
Attached Carport, Concrete, Door Multi, Direct Access, Driveway Level, Garage, Garage Door Opener, Garage Faces Rear, On Street, Side By Side
Parking spaces
8
Community
Area
RK - Paramount South of Somerset
County
Los Angeles
Community features
Sidewalks, Park
Listing details
Status
Active
Property type
Single Family Residence
Days on market
74
Listed
2026-05-01
Original price
$1,395,000
Terms
Cash, Cash To New Loan, Conventional, Contract, Exchange 1031, FHA, Submit, Va Loan
Parcel #
7102029035
MLS #
PW26080890
Listed by
Maria Olmos · Y Realty

Location

Price history

Listed
$1,395,000 · 2026-05-01
Price reduced
$1,345,000 (−$50,000)
Days on market
74
Current price
$1,345,000
Financing

Could this home be yours?

Estimated monthly payment
$8,437
$6,801 principal & interest · $1,636 taxes & insurance
$269,000
Estimate only
Loan $1,076,000

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Estimated value range nearby
$1,237,400$1,452,600

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Listing data provided by CRMLS

Listing courtesy of Y Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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16619 Lake Avenue, Paramount, CA — $1,345,000 | Your Agent