$1,760,000
SOLD AUG 1, 2025

14048 Mcclure Ave Paramount, CA 90723

11 Beds
7 Baths
5,394 Sq Ft
0.4 Acres

Recently Sold

$326 Per Sq Ft

2% Below List Price

32 Days on Market

Highlights

  • 0.4 Acre Lot
  • End Unit
  • Laundry Room
  • Traditional Architecture
  • No HOA
  • Ceiling Fan

About This Home

As of August 2025

Incredible investment opportunity in this Prime Paramount location. This 5 unit property with 6th unit option and ADU possibility exudes potential. The front 3 bed/ 2 bath home has been remodeled and is ready for top dollar rental income. There is a large studio/den (6th unit) that is also newly refreshed and vacant. 4 other units are currently occupied and include private laundry and garages. An additional private 2 car garage can be additional income or ADU conversion (7th unit possibility). The roof is approx 7-10 years old and the entire exterior was just newly painted. Tenants pay electricity and gas, with separate meters for each unit. Prime location near freeways, Downtown, Orange County, shopping, dining and schools. Don't miss this gem!

Last Agent to Sell the Property

Kate Olivas

First Team Real Estate Brokerage Phone: 714-392-5716 License #01911995 Listed on: 05/01/2025

First Team Real Estate

Last Buyer's Agent

David Robles

Century 21 Allstars License #01888614

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.4 Acre Lot
  • End Unit
  • 1 Common Wall
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Traditional Architecture
  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 5,394 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 59
  • Tax Tract Number 5792
  • Assessor Parcel Number 6242034018

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,000
  • Insurance Expense $6,148
  • Trash Expense $3,720
  • Water Sewer Expense $2,100
  • Operating Expense $14,968
  • Net Operating Income $53,012

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 5.90
  • Price Per Unit: 300000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Traditional
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 6242034018
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 326.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 3720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 17552.00
  • Lot Size Acres: 0.4029

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 925 Square Feet
  • Average3 Bed Area: 1694 Square Feet
  • Average Studio Area: 400
  • Gross Scheduled Income: 67980.00
  • Insurance Expense: 6148.00
  • Lot Size Area: 17552.0000 Square Feet
  • Net Operating Income: 53012.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 5
  • Number With Range: 5
  • Number With Refrigerator: 4
  • Operating Expense: 14968.00
  • Rent Control: No
  • Total Actual Rent: 5665.00
  • Total Expenses: 14968.00

Tax Info

  • Tax Census Tract: 5536.02
  • Tax Lot: 59
  • Tax Tract Number: 5792

Range of Values:

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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
08/01/2025 08/01/25 Sold $1,760,000 -2.2% $326 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $1,800,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kate Olivas

    Seller's Agent in 2025

    Kate Olivas

    First Team Real Estate

    (714) 392-5716

    1 in this area

    96 Total Sales

    Kate Olivas
    Section Image
  • David Robles

    Buyer's Agent in 2025

    David Robles

    Century 21 Allstars

    (323) 598-8938

    1 in this area

    27 Total Sales

    David Robles
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24112685

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Paramount 90723

14048 Mcclure Ave, Paramount, CA

This home is located at 14048 Mcclure Ave, Paramount, CA 90723 and is currently priced at $1,760,000, approximately $326 per square foot. This property was built in 1963. 14048 Mcclure Ave is a home located in Los Angeles County with nearby schools including Theodore Roosevelt, Paramount Park Middle School, and Paramount High 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

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