NOT LISTED FOR SALE

14516 Orange Ave Paramount, CA 90723

Estimated Value: $785,000 - $927,000

3 Beds
3 Baths
1,760 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $670,000 $381 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,286/month

6 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • Laundry Room
  • Fireplace in Primary Bedroom
  • No HOA
  • 3-minute walk to Spane Park

About This Home

As of May 2021

Excellent 3 unit income property. Investment opportunity in a highly desirable Paramount neighborhood. All 3 units future 1 bed and 1 bath with
their own detached car garage and dedicated parking area along the property. It's a complete privacy between front and rear units. Property needs some LTC... Hurry bring your clients!!!

Last Agent to Sell the Property

Heid Panelo

Advance Estate Realty License #01495981 Listed on: 03/28/2021

Last Buyer's Agent

Samuel Gonzalez

EXP REALTY License #01389553

EXP REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,740 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Landscaped
  • Private Yard
  • Lawn
  • Garden
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Triplex

Interior Spaces

  • 1,760 Sq Ft Home
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 250 / 22
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237007004

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6237007004
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: No
  • Fireplace Features: Bath, Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 380.68

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 5740.00
  • Lot Size Acres: 0.1318

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 42600.00
  • Lot Size Area: 5740.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 42600.00

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 5537.01
  • Tax Lot: 250
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2015
Sold by
Alvarez Felipa V
Bought by
Alvarez Felipa Valenzuela and Alvarez Martha
Current Estimated Value
$858,394

Purchase Details

Closed on
Sep 28, 2005
Sold by
Alvarez Felipa V and Alvarez Rosa M
Bought by
Alvarez Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,750
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Alvarez Felipa Valenzuela -- None Available
Alvarez Felipa -- Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Alvarez Felipa $173,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $670,000 +6.3% $381 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $630,000 -- $358 / 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 $9,900 $725,227 $435,136 $290,091
2024 $9,572 $711,007 $426,604 $284,403
2023 $9,397 $697,067 $418,240 $278,827
2022 $9,150 $683,400 $410,040 $273,360
2021 $4,732 $318,307 $143,642 $174,665
2020 $4,636 $315,045 $142,170 $172,875
2019 $4,833 $308,869 $139,383 $169,486
2018 $4,467 $302,813 $136,650 $166,163
2016 $4,031 $291,056 $131,345 $159,711
2015 $3,817 $286,685 $129,373 $157,312
2014 $3,911 $281,070 $126,839 $154,231
Source: Public Records

Agents Affiliated with this Home

  • Heid Panelo

    Seller's Agent in 2021

    Heid Panelo

    Advance Estate Realty

    (714) 615-0579

    1 in this area

    15 Total Sales

    Heid Panelo
    Section Image

  • S

    Buyer's Agent in 2021

    Samuel Gonzalez

    EXP REALTY

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21064782

California Regional Multiple Listing Service (CRMLS)

APN: 6237-007-004

California Los Angeles County Paramount 90723

14516 Orange Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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