
Paramount, California 90723
Analysis of 16619 Lake Avenue, Paramount, California 90723 is currently available with a list price of $1,395,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Paramount Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features modern gourmet kitchens with new stainless steel appliances, contemporary bathrooms with updated fixtures, and high-efficiency systems including paid solar panels, requiring zero maintenance.
High School: Compton Early College High (9/10).
The property features a rare 5-bedroom main residence plus a detached 2-bedroom ADU with its own address, offering significant rental income potential or a perfect setup for multi-generational families.
As a 2026 new construction, the home includes paid-off solar panels for both units and updated systems, ensuring low maintenance and immediate energy savings for the owner.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4322, living area = 3117.
With over 3,100 square feet of living space situated on a 4,322 square foot lot, the property has a high building-to-land ratio, resulting in very limited private outdoor yard space.
The property is served by a school district with mixed performance scores, including a lower-rated local high school, which may be a consideration for education-focused buyers.
Brand-new construction 2026 in the heart of Paramount, featuring a rare, versatile layout ideal for multi-generational living or income potential. This move-in-ready property offers a spacious main residence with 5 bedrooms and 4 bathrooms, thoughtfully designed with modern finishes, an open-concept floor plan, and abundant natural light throughout. The gourmet kitchen flows seamlessly into the living and dining areas, creating the perfect space for everyday living and entertaining. Each bedroom is well-proportioned, with multiple en-suite configurations providing comfort and privacy. There's a primary bedroom and bath on the first floor for your convenience, and an additional guest bathroom as well. The property also includes a 2-car garage with additional parking for the main house and a detached ADU featuring 2 bedrooms and 1 bathroom, with 2 parking spaces, complete with its own private entrance and separate address, offering an excellent opportunity for rental income, extended family, or guest use. Built with quality and functionality in mind, this home delivers the benefits of new construction, including Paid Solar panels on both units, energy efficiency, updated systems, and low maintenance. Conveniently located near major freeways, shopping, dining, and local amenities. A strong opportunity for buyers looking for flexibility, long-term value, and additional income. Ready to move in! Great Location.
No exterior & parking available.
Grades K-3 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 97% |
| Baths | 5.0 | 2.0 | 97% |
| Square foot | 3,117 | 1,265.5 | 97% |
| Lot Size | 4,322 | 4,027.5 | 50% |
| Price | $1.40M | $737.5K | 97% |
| Price per sq ft | $448 | $577 | 13% |
| Built year | 2026 | 1956 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 117 | 10% |
May 13, 2026
$1,395,000
Initial Listing
Oct 6, 2023
$290,000
Public Record