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Sandy Saliwa

sandy.saliwa@lptrealty.com +1(619) 708-6446

$ 1,345,000

Est. payment | -/mo

5 Beds

4 Baths

3,117 SqFt

Save Virtual Tour

$ 1,345,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

4 Baths

3,117 SqFt

Open House

Wed Jul 29, 4:00pm - 7:00pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,117 sqft

Price per Sqft $431

MLS Listing ID PW26080890

Style Contemporary,Traditional

Bedrooms 5

Full Baths 4

Year Built 2026

Lot Size 4,322 Sqft

Property Sub-Type Detached

Property Description

Price reduced $50,000. 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, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space. The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near sh

Location

State CA

County Los Angeles

Direction Paramount and Alondra Blvd.

Interior

Interior Features Recessed Lighting, Stone Counters

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Laminate, Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Solar Panels, Vented Exhaust Fan

Laundry Electric, Washer Hookup

Exterior

Parking Features Direct Garage Access, Garage, Garage - Two Door, Garage Door Opener

Garage Spaces 2.0

Fence Wood, Wrought Iron

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Neighborhood

Roof Type Composition

Total Parking Spaces 8

Building

Story 2

Sewer Sewer Paid

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 7102029035

Acceptable Financing Cash, Cash To New Loan, Conventional, Exchange, FHA, Land Contract, Submit, VA

Listing Terms Cash, Cash To New Loan, Conventional, Exchange, FHA, Land Contract, Submit, VA

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/58p8164a36e31mmq6

Listed by Maria Olmos, DRE#00956497 Y Realty

Nearby Locations

Sandy Saliwa

Agent

+1(619) 708-6446 | sandy.saliwa@lptrealty.com

16619 Lake Avenue Paramount, CA 90723

Sandy Saliwa

Open House

Key Details

Location

Interior

Exterior

Building

Others

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16619 Lake Avenue