$2,800,000
$700K PRICE DROP

13226 Paxton St Los Angeles, CA 91331

Estimated payment $17,587/month

Total Views 17,698
18 Beds
-- Bath
8,340 Sq Ft
$336 Price per Sq Ft

About This Home

MOTIVATED SELLER * SELLER FINANCING AVAILABLE * Copper Piping Throughout * Sewer only 3 years old.

INVESTMENT OPPORTUNITY.
This 10-unit apartment building located at 13226 Paxton Street in Pacoima presents a compelling investment opportunity. Boasting a monthly rental income of $15,157.05, with each unit individually metered for gas and electric, this property promises stable returns for savvy investors.
With a 100% occupancy rate, this building offers immediate cash flow and a solid foundation for long-term growth. The steady rental income provides a reliable source of passive income, making it an attractive option for investors seeking to diversify their portfolio or expand their real estate holdings.
Additionally, the separately metered utilities offer potential for cost savings and increased profitability, as tenants are responsible for their own gas and electric bills.

All information to be verified by buyer and buyer's broker. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.

Listing Agent

Andy Aguilar

American Real Estate Experts Brokerage Phone: 818-492-4781 License #01909871 Listed on: 06/25/2024

Co-Listing Agent

Ricky Aguilar

American Real Estate Experts Brokerage Phone: 818-492-4781 License #02095741

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 18 Bedrooms
  • 8,340 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 15775
  • Assessor Parcel Number 2533001019
  • $1,623 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Gardener Expense $2,600
  • Water Sewer Expense $8,000
  • Operating Expense $10,600
  • Gross Income $208,800
  • Net Operating Income $79,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Price Per Unit: 280000
  • Property Attached: Yes
  • Water Sewer Expenses: 8000.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 2600.00
  • Parcel Number: 2533001019
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 335.73

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13736.00
  • Lot Size Acres: 0.3153

Multi Family

  • Gross Income: 208800.00
  • Gross Scheduled Income: 208800.00
  • Lot Size Area: 13736.0000 Square Feet
  • Net Operating Income: 79868.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 128932.00
  • Rent Control: No
  • Total Expenses: 10600.00

Tax Info

  • Tax Lot: 96
  • Tax Tract Number: 15775
  • TaxOtherAnnualAssessmentAmount: 1623.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 For Sale $2,800,000 0.0% $336 / Sq Ft
09/19/2024 09/19/24 Price Changed $2,800,000 -12.5% $336 / Sq Ft
08/31/2024 08/31/24 Price Changed $3,200,000 -8.6% $384 / Sq Ft
06/25/2024 06/25/24 For Sale $3,500,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24129990

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 91331

13226 Paxton St, Los Angeles, CA

This home is located at 13226 Paxton St, Los Angeles, CA 91331 and is currently priced at $2,800,000, approximately $335 per square foot. This property was built in 1953. 13226 Paxton St is a home located in Los Angeles County with nearby schools including Charles Maclay Middle School, San Fernando Senior High School, and Pacoima Charter Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Andy Aguilar
Listing Agent
Andy Aguilar
Section Image
American Real Estate Experts
(747) 318-5599