57
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$1,345,000
Est. payment /mo
7 Beds
5 Baths
4,322 Sqft Lot
Price Dropped by $50K
16623 Lake Avenue Paramount, CA 90723
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26130970
Bedrooms 7
Lot Size 4,322 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
$50,000 PRICE CUT!! HUGE PRICE REDUCTION--2026 NEW CONSTRUCTION! This is your opportunity to own one of Paramount's best values. Beautifully designed and move-in ready, this exceptional property offers a rare combination of modern living, flexible space, and income potential. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The bright open floor plan is filled with natural light and offers a seamless flow between the living room, dining area, and gourmet kitchen. The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, abundant cabinet space, and a large center island. The detached ADU adds incredible value with 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own address, and 2 dedicated parking spaces. It is perfect for extended family, guests, or rental income. Built with quality and energy efficiency in mind, both homes include paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof flooring, EV charger readiness, and separate laundry areas. One of the highlights of this property is the spacious rooftop terrace. Create your own outdoor lounge, home gym, yoga retreat, entertaining space, or simply relax and enjoy the open views. The property also offers a 2-car attached garage, with additional parking for the main home and for the ADU. it's conveniently located near schools, shopping, restaurants, parks, and major freeways. Whether you're looking
Location
State CA
County Los Angeles
Zoning Assessor
Direction Paramount and 70th St
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6046004063
Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract, VA
Listing Terms Cash, Conventional, Exchange, FHA, Land Contract, VA
Virtual Tour https://www.wellcomemat.com/video/58p842bb2ee91mokc/PAR/CA/90723/16623-Lake-AV/PW26130970/
Listed by Maria Olmos, DRE#00956497 Y Realty
NEARBY SCHOOL & BUSINESS
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