NOT LISTED FOR SALE

14053 Anderson St Paramount, CA 90723

30 Beds
20 Baths
11,784 Sq Ft
19,245 Sq Ft

Last Sold February 13, 2025

Last sale price $4,000,000 $339 Per Sq Ft

104 Days on Market

Highlights

  • 0.44 Acre Lot
  • Laundry Room
  • 12 Car Garage
  • Park
  • Central Heating
  • 4-minute walk to Pequino Park

About This Home

As of February 2025

We are pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage.
The property is in a great location, tenants’ benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood.
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. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent

Last Agent to Sell the Property

Ryan Gonzalez

Lyon Stahl Investment Real Est Brokerage Email: rgonzalez@marcusmillichap.com License #01874815 Listed on: 08/23/2024

Last Buyer's Agent

Ryan Gonzalez

Lyon Stahl Investment Real Est Brokerage Email: rgonzalez@marcusmillichap.com License #01874815 Listed on: 08/23/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.44 Acre Lot
  • Two or More Common Walls
  • 6265017025

Parking

  • 12 Car Garage
  • 24 Open Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 11,784 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 20 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5092
  • Assessor Parcel Number 6265017024
  • $2,140 per year additional tax assessments

Community Details

Overview

  • 8 Buildings
  • 12 Units

Recreation

  • Park

Building Details

  • 12 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 12 Separate Water Meters
  • Electric Expense $2,207
  • Fuel Expense $2,280
  • Insurance Expense $2,280
  • Professional Management Expense $15,269
  • Trash Expense $2,280
  • Water Sewer Expense $2,280
  • Operating Expense $107,714
  • Gross Income $314,820
  • Net Operating Income $197,662

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.44 Acres

Parking

12

Listing Details

  • CapRate: 4.82
  • Professional Management Expense: 15269.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2280.00
  • Zoning: PARM*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6265017024
  • Year Built: 1962
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 339.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Garage, Off Street, Parking Space
  • Total Parking Spaces: 36.00
  • Uncovered Spaces: 24.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Trash Expense: 2280.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6265017025
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 19243.00
  • Lot Size Acres: 0.4418

Multi Family

  • Average3 Bed Area: 982 Square Feet
  • Electric Expense: 2207.00
  • Fuel Expense: 2280.00
  • Gross Income: 314820.00
  • Gross Multiplier: 13.02
  • Gross Scheduled Income: 314820.00
  • Insurance Expense: 2280.00
  • Lot Size Area: 19243.0000 Square Feet
  • Net Operating Income: 197662.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 107714.00
  • Rent Control: No
  • Total Actual Rent: 314820.00
  • Total Expenses: 107714.00

Tax Info

  • Tax Census Tract: 5535.04
  • Tax Lot: 5
  • Tax Tract Number: 5092
  • TaxOtherAnnualAssessmentAmount: 2140.00
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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 List to Sale Price per Sq Ft
02/13/2025 02/13/25 Sold $4,000,000 -2.4% $339 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
10/09/2024 10/09/24 Price Changed $4,100,000 -5.7% $348 / Sq Ft
08/23/2024 08/23/24 For Sale $4,350,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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 $5,963 $321,620 $99,683 $221,937
2024 $5,963 $315,315 $97,729 $217,586
2023 $5,882 $309,133 $95,813 $213,320
2022 $5,772 $303,073 $93,935 $209,138
2021 $5,638 $297,132 $92,094 $205,038
2020 $5,544 $294,086 $91,150 $202,936
2019 $5,729 $288,320 $89,363 $198,957
2018 $5,065 $282,667 $87,611 $195,056
2016 $4,548 $271,693 $84,210 $187,483
2015 $4,352 $267,613 $82,946 $184,667
2014 $4,471 $262,372 $81,322 $181,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24175188

California Regional Multiple Listing Service (CRMLS)
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