Asopao de Camarones (One-Pot Rice & Shrimp Stew)

Heat oil in a large Dutch oven over medium heat. Add red bell pepper, green bell pepper, onion, celery, garlic, salt, oregano and paprika; cook, stirring occasionally, until the peppers and onion are just tender, 2 to 3 minutes. Add water, broth, tomato sauce and bay leaf; cover and bring to a simmer over medium heat.

Add rice and reduce heat to low; cover and cook until the rice is tender, 30 to 35 minutes. Stir in shrimp, lemon juice and peas; simmer, uncovered and stirring occasionally, until the shrimp turn pink, about 2 minutes. Remove and discard the bay leaf. Divide among 6 bowls and top with cilantro and avocado. Serve with hot sauce, if desired.