
Paramount, California 90723
This 2026 New Construction is a High-Potential Investment Opportunity, listed at a $1,395,000 List Price, which aligns perfectly with its $1,395,000 Fair Market Value. Featuring a Detached 2-Bedroom ADU and a Spacious Rooftop Terrace, this property offers exceptional versatility for multi-generational living or supplemental rental income. With an Excellent Condition Rating and Paid Solar Panels, the home ensures long-term energy efficiency and low maintenance. Located within the Paramount Unified School District, this turnkey asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking modern, flexible living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16623 Lake Avenue Subject | $1,345,000* List Price | 5 | 4 | 3,117 | $432 | - |
A 16619 Lake Avenue Active | $1,345,000 List Price | 5 | 4 | 3,117 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features modern gourmet kitchens with quartz countertops, new energy-efficient systems including mini-split HVAC and paid solar panels, and high-end turnkey finishes throughout both the main residence and the detached ADU.
The property features a detached 2-bedroom ADU with its own address, private entrance, and separate utility meters, offering significant rental income potential or flexibility for extended family.
As a 2026 new construction, the home includes fully paid solar panels for both units and updated energy-efficient systems, ensuring low maintenance and reduced utility costs for the owner.
The main house offers a spacious 5-bedroom floor plan with a convenient first-floor primary suite and multiple en-suite configurations, catering perfectly to large families or those seeking accessibility.
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 minimal yard space for recreation or gardening.
Priced at nearly $1.4 million, the property sits at the top of the Paramount market, which may limit the pool of qualified buyers despite the added value of the ADU.
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!
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 |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,117 | 1,262.5 |
| Lot Size | 4,322 | 6,092.5 |
| Price | $1.34M | $751.8K |
| Price per sq ft | $432 | $597 |
| Built year | 2026 | 1949 |
| HOA | $0 | $0 |
| Days on market | 25 | 52 |
Jul 10, 2026
$1,345,000
$1,395,000
-4% Price Drop
Initial Listing
Jun 27, 2026
$1,395,000
Initial Listing