Asking Price: $1,248,888

Welcome to 16623 Lake Avenue, a brand-new 2026 home in the heart of Paramount. This property gives you two full homes on one lot: a large 5-bedroom, 4-bathroom main house and a detached 2-bedroom, 1-bathroom ADU. That is 7 bedrooms and 5 bathrooms in total, with room for family, guests, or rental income. The main home offers about 2317 sq. ft. with a first-floor primary suite, a big plus for anyone who wants to avoid stairs. The open floor plan joins the kitchen, dining, and living areas into one bright space. Large windows bring in natural light, and the home includes quartz counters and stainless steel appliances. Everything is new, so nothing needs fixing or updating. You will also find extra storage inside and out. Step up to the private rooftop terrace, a feature few homes in this price range offer. Host friends, set up a home gym or yoga space, grow a garden, or just relax in the open air. The detached ADU, with 2 bedrooms and about 817 sq. ft., sits apart from the main home for true privacy. It has its own address, a private entrance, indoor laundry, separate utilities, and 2 dedicated parking spaces. Live in the main home and rent the ADU, give extended family their own space, or use it as a guest suite. Both homes have paid solar panels. No lease to take over and no monthly solar bill. The panels stay with the property and help lower energy costs. No HOA. No Mello-Roos. The property also includes a 2-car attached garage plus extra parking for both homes. Paramount is centrally located near Long Beach, Downey, Lakewood, and Bellflower, with quick access to the 105,