Harry Eaves
Keller Williams Coastal Prop.
(669) 208-7941
31 Total Sales
1 in Paramount
$475,000 Price
14033 Paramount Blvd Paramount, CA 90723
Paramount Area
3
Beds
3
Baths
11,249
Sq Ft
0.4
Acre Lot
About This Home
As of April 2022We are pleased to present 14033 Paramount Blvd, a 12 unit mutli-family property located in Paramount, California. Built in 1990, the subject property consists of 11,249 rentable square feet spread throughout a .4 acre lot. The building consists of (4) 1-Bedrooms / 1-Bathroom and (8) 2-Bedroom / 2-Bathroom units. There is a shared laundry and ample covered and open parking spaces available for tenant convenience.
The property is in a great location, tenants benefit from quick access to the 105 FWY which makes commutes to large employment centers much easier. The length and means of one's commute to work and how much of your day it takes to do so is a large quality of life. That said, within 2 miles there is the Lakewood Green Line Station with parking for an easy means to travel to Downtown Los Angeles. The city of Paramount is promoting development, creation of business, and local events to create a tight knit-community.
Paramount is a strong rental market which has had an annual rent growth of 4.6%, mainly because of the city’s central location near large employment centers. This is a tight market with zero units delivered within the last 12 months and a vacancy rate of 2.1%.
This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 01/11/2022
Last Buyer's Agent
NONE NONE
None MRML License #N/A
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 17,540 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 11,249 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 2 Open Parking Spaces
- 14 Parking Spaces
- 12 Carport Spaces
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 5792
- Assessor Parcel Number 6242034004
- $3,535 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 12 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $3,129
- Fuel Expense $3,129
- Insurance Expense $6,095
- Professional Management Expense $8,400
- Supplies Expense $3,000
- Trash Expense $3,129
- Water Sewer Expense $3,129
- Security Expense $4,160
- New Taxes Expense $39,375
- Operating Expense $85,546
- Gross Income $202,583
- Net Operating Income $117,037
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2022
Closed on
Mar 28, 2022
Sold by
Bought by
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
NONE NONE
None MRML
List Price
$3,150,000
Sold Price
$3,450,000
Premium/Discount to List
$300,000
9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,410,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 2007
Sold by
Bought by
Purchase Details
Closed on
Nov 21, 2003
Sold by
Bought by
Purchase Details
Closed on
Sep 15, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,103,300
Interest Rate
5.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 2002
Sold by
Bought by
Purchase Details
Closed on
Oct 28, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paramount, CA
-
Harry Eaves
-
Jerusha Day
Jerusha Day
Coldwell Banker Envision
(818) 418-8890
24 Total Sales
1 in Paramount
$530,000 Price
-
Scott Gunther
Scott Gunther
Coldwell Banker Realty
(657) 300-5995
27 Total Sales
2 in Paramount
$540,000 Price Range
-
Daniel Galan
Daniel Galan
eXp Realty of Southern Califor
(760) 576-2542
68 Total Sales
1 in Paramount
$655,000 Price
-
Jan Samano
Jan Samano
EXIT GULF COAST REALTY
(562) 451-0183
13 Total Sales
1 in Paramount
$745,000 Price
-
Latoria Williams
Latoria Williams
Bright Star Estates, Inc.
(657) 312-4531
41 Total Sales
1 in Paramount
$445,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,450,000 | Ticor Title | ||
| -- | Fidelity National Title | ||
| -- | Accommodation | ||
| -- | Accommodation | ||
| -- | Ctc | ||
| $1,387,500 | Ctc | ||
| $400,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,850,000 | ||
| Closed | $2,410,000 | ||
| Previous Owner | $1,400,000 | ||
| Previous Owner | $1,160,000 | ||
| Previous Owner | $1,103,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Off Market | -- | -- | -- |
| 08/05/2024 08/05/24 | For Rent | -- | -- | -- |
| 04/05/2022 04/05/22 | Sold | $3,450,000 | +9.5% | $307 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/11/2022 01/11/22 | For Sale | $3,150,000 | -- | $280 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $48,931 | $3,661,167 | $2,122,416 | $1,538,751 |
| 2024 | $47,181 | $3,589,380 | $2,080,800 | $1,508,580 |
| 2023 | $46,313 | $3,519,000 | $2,040,000 | $1,479,000 |
| 2022 | $29,043 | $2,113,033 | $761,536 | $1,351,497 |
| 2021 | $28,363 | $2,071,602 | $746,604 | $1,324,998 |
| 2019 | $29,067 | $2,010,559 | $724,460 | $1,286,099 |
| 2018 | $27,098 | $1,971,145 | $710,255 | $1,260,890 |
| 2016 | $24,301 | $1,894,221 | $682,676 | $1,211,545 |
| 2015 | $22,941 | $1,865,769 | $672,422 | $1,193,347 |
| 2014 | $18,537 | $1,387,000 | $600,000 | $787,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin King
Seller's Agent in 2022
Kevin King
Marcus & Millichap
(562) 257-1245
39 Total Sales
-
Ryan Gonzalez
R
Seller Co-Listing Agent in 2022
Ryan Gonzalez
Lyon Stahl Investment Real Est
(562) 879-3206
21 Total Sales
-
N
Buyer's Agent in 2022
NONE NONE
None MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22005840
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.
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
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