16619 Lake Avenue
Paramount, CA, 90723
(No pictures available yet)
$1,395,000
MLS: PW26080890
Beds
7
Baths
5
Sq Ft
3,117
Lot
0.10 ac
Year Built
2026
MLS #
PW26080890
Days on Market
0
Listed
May 13, 2026
Description
Brand-new construction 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! Open house Saturday and Sunday 5/16 and 5/17 from 1 to 4pm. Hope to see you there.
Location
Paramount, Los Angeles County, CA 90723
Open on Google Maps ↗Listed by: Maria Olmos · Y Realty
Payment estimate
$10,097
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500
- Principal & Interest
- $7,820
- Property tax (1.25%)
- $1,453
- Homeowners insurance
- $300
- Mortgage insurance
- $523
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 14, 2026
- 30-year fixed
- 6.36%
- 15-year fixed
- 5.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Paramount home with as little as 3.5% down using an FHA loan — roughly $48,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Paramount, CA 90723 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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