16623 Lake Ave, Paramount, CA 90723
Property image
Property image
FOR SALE
OPEN WED, 4-7PM
NEW CONSTRUCTION
3D VIEW
Listed by Maria Olmos, Y Realty, (877) 976-5348

16623 Lake Ave
Paramount, CA 90723

  • 5 Beds
  • 4 Baths
  • 3,117 sqft

$1,345,000

Original price: $1,395,000
Est. Mortgage $8,178/mo*
Get Pre-Qualified

$1,345,000

Original price: $1,395,000
Est. Mortgage $8,178/mo*
Get Pre-Qualified
5 Beds
4 Baths
3,117 sqft

Home Highlights

Parking
2 Car Garage
Outdoor
Yes
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$432
Listed
31 days ago

Local Information

  • Map ViewExplore the area around 16623 Lake Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Huge 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 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!

Open House

Wednesday, July 29
4:00 PM to 7:00 PM

Home Details for 16623 Lake Ave

Interior Features

Interior Details
Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Dining Room, Kitchen
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 3117 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water HeaterDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Inside,Laundry RoomMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Laminate, VinylCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Floors: Laminate, Vinyl
View
Has a ViewView: Neighborhood

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Concrete, RooftopFencing: Brick, Wood, Wrought IronExterior: Lighting, Rain GuttersFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Carport,Door-Multi,Direct Access,Driveway Level,Garage,Garage Door Opener,Garage Faces Rear,Side By Side
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Sewer Tap Paid
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 30Days on Market: 31

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Contemporary,Modern
Building
Construction Materials: StuccoIs a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Condition: TurnkeyParcel Number: 6046004063

Price & Status

Price
List Price: $1,345,000Price Per Sqft: $432

Active Status

MLS Status: Active

Media

Location

Direction & Address
City: Paramount
School Information
High School District: Paramount Unified

Agent Information

Listing Agent
Listing ID: PW26128386

Community

Community Features: Sidewalks, ParkNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 4322 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: NoneListing Terms: Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, Submit, VA Loan

Miscellaneous

Mls Number: PW26128386Living Area Range Units: Square FeetAttribution Contact: 5628246227Activation Date: Sat Jun 27 2026Common Interest: NoneStart Showing Date: Sat Jun 27 2026Universal Property Id: US-06037-N-6046004063-R-N

Additional Information

SidewalksParkSource Internet Entire Listing Display
Last check for updates: about 2 hours ago
Listing Provided by: Maria Olmos DRE #00956497, (562) 824-6227
Y Realty
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW26128386
Also Listed on CRMLS, CRMLS, CRMLS.

Market trends in Paramount

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
28
4MoM

Price History for 16623 Lake Ave

DatePriceEventSource
07/09/2026$1,345,000PriceChange
CRMLS #PW26128386
06/27/2026$1,395,000Listed For SaleCRMLS #PW26128386

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Comparable Sales for 16623 Lake Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16229 Orizaba Ave, Paramount, CA
0.36
Single-Family Home
$1,100,000
09/18/25
4
2.5
2,078
16227 Orizaba Ave, Paramount, CA
0.36
Single-Family Home
$1,080,000
07/30/25
4
2.5
2,078
16233 Orizaba Ave, Paramount, CA
0.36
Single-Family Home
$1,050,000
10/09/25
4
2.5
2,078
16231 Orizaba Ave, Paramount, CA
0.35
Single-Family Home
$1,060,000
09/05/25
3
2.5
2,027
16630 Lake Ave, Paramount, CA
0.03
Single-Family Home
$600,000
09/04/25
2
1
904
15536 Colorado Ave, Paramount, CA
0.75
Single-Family Home
$1,239,000
04/30/26
6
4
2,611
15538 Colorado Ave, Paramount, CA
0.61
Single-Family Home
$990,000
04/13/26
4
2.5
1,972
15534 Colorado Ave, Paramount, CA
0.63
Single-Family Home
$989,000
06/12/26
4
2.5
1,972

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 16623 Lake Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Paramount

At least 358 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 69 % Say car is needed

  • 69 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 66 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 63 % Say it's walkable to grocery stores

  • 49 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say people would walk alone at night

  • 48 % Say neighbors are friendly

  • 43 % Say parking is easy

  • 30 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chris071784
    "During Christmas we have the parade, we get Santa with his raiders and on Halloween we get house to decorate and lots of treat kids show up!"
    0
    Flag
  • Aaawoman71
    "There are always some type of community activity going on in the of Paramount. The city promotes family, community, and keeping Paramount dollars in Paramount. "
    0
    Flag
  • Pescadi123
    "Area is quiet. Homeless population is getting less. Less crime. Cleaner and move police presence. Nice stores."
    0
    Flag
  • Trulia User
    "The commute to down town is not that bad when traffic is moving but when traffic gets slow it takes time to get to your destination there should be be ways out of traffic "
    1
    Flag
  • Trulia User
    "My neighborhood is quiet safe very friendly neighbors I grew up living here my parents own a home here for over 20 years great for kids to ride there bikes and walk to school good school system and clean public transportation "
    2
    Flag
  • Mikortlbc
    "Nice clean and diverse area to live in. Schools and grocery stores are within a mile or 2 of my residence. No complaints here"
    1
    Flag
  • Samson A.
    "friendly neighbors everywhere. it is very common to see neighbors say a greeting while they either jugg or walk past."
    0
    Flag
  • Nicole.lopez374
    "Exercise park is in walking distance to where we live. Salud park and elementary school at the end of the block."
    2
    Flag
  • J0hnny1991
    "Dog owners like it here because the neighborhoods are for the most part, nice and safe. A lot of dog owners in this small town too "
    1
    Flag
  • Rocio D.
    "Close to the 105 fwy which makes it easy to commute to work, my mom's house and other cities I frequently visit "
    0
    Flag
  • Marcia N.
    "I live in Paramount and I love my neighborhood, everything is so close and you can find variety. It’s also calm "
    1
    Flag
  • Janneth S.
    "That is very quite and there a lot of neighbors support. They have meeting when something is going on to help each other. "
    0
    Flag
  • Shalleyyort61
    "It’s to quiet need more kids playing outside. I wish more liquor stores nearby and also police department "
    0
    Flag
  • Jenny S.
    "The schools are bad. Not a family friendly neighborhood. A lot of drugs at the park. One guy overdosed not too long ago. "
    3
    Flag
  • Jenny S.
    "There is a lot of residential mixed with commercial properties and the air quality is extremely poor. In Jan. 2019 the city sent out a letter saying it could cause birth defects and other things."
    4
    Flag
  • Gustavo G.
    "Pretty good community only that high school there are fights and parents don’t really do nothing about it but over all it’s good"
    2
    Flag
  • Ntly_chvz
    "There’s various parks around the neighborhood that are pet friendly. Trails that are also available for walks. "
    2
    Flag
  • Osoriajenny
    "We have a tree lighting ceremony every year. Santa Claus around and gives out apple’s and candy cane."
    1
    Flag
  • Maribel R.
    "Everything it’s great and there’s a lot people in the neighborhood who have dogs so no worries there "
    1
    Flag
  • Rose J.
    "It love it here and Salud park or great. I enjoy the free activities they have for the children on the holidays. "
    1
    Flag
  • Lyn C.
    "It’s improved alot since I lived here. Here kids are safe you can walk in the street in night or day"
    1
    Flag
  • Den O.
    "I’ve lived in this neighborhood all my life for 18 years. The area is relatively safe and definitely family-oriented. Small city, but closer relationships with neighbors as a result. "
    1
    Flag
  • Christina A.
    "the area is quiet and calm. When there are parties the neighbors don't must the noise the neighbor feel welcoming and shows you the ropes if you' allow it "
    0
    Flag
  • Karen G.
    "Some hood dogs running loose here and their but most people have them behind fences or see them on occasion during walks"
    0
    Flag
  • Lyn C.
    "Paramount got a lot better then how it was before. Neighbors talk to each other and look out for one another "
    0
    Flag
  • Mywae45
    "There are a lot of parks and outdoor spaces. I wish there was a dog park though. Family friendly neighborhood."
    0
    Flag
  • Leticia N.
    "Paramount Park events are very kid friendly and inviting. The city has really got cleaned up these past few months. City of Paramount is really growing and improving their streets."
    0
    Flag
  • Araceli G.
    "Paramount has a lot to offer for families. City events, access to public transportation, drive in theatre too!we love living here!"
    1
    Flag
  • Helga E.
    "Paramount is a nice city to live in, parks are well kept, streets are clean, and the community is friendly."
    0
    Flag
  • Helga E.
    "The rule is dogs should wear a harness or a leashes, some people forgets that and it's very annoying because I own a big dog and other dogs come to bother mine. "
    0
    Flag
  • William M.
    "good neighbors great place close to super markets , stores,gyms,parks good area for pet's no fights no drama "
    0
    Flag
  • Anonymous
    "To watch your kids because there is old people driving around starring at kids trying to take them.Do just be careful and watch your kids at all times."
    3
    Flag
  • Espinozadanny
    "Good schools, but High schools are sometimes overcrowded in long beach so you petition in a lottery to get you child in."
    0
    Flag
  • Tiffanylauren7489
    "The commute is fine it just the right amount of Traffic once you get used to it you know what times to leave and get on the freeway"
    0
    Flag
  • Brian R.
    "it's ok a bit crowded and parking sucks but not a bad place to live but there different parts of Paramount that are better especially for a family that needs space."
    0
    Flag

LGBTQ Local Legal Protections

Maria Olmos, Y Realty
Agent Phone: (562) 824-6227
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-27 23:55:29 PDT and /or other sources. 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
16623 Lake Ave, Paramount, CA 90723 is a 5 bedroom, 4 bathroom, 3,117 sqft single-family home built in 2026. This property is currently available for sale and was listed by CRMLS on Jun 12, 2026. The MLS # for this home is MLS# PW26128386.