NOT LISTED FOR SALE

14600 Orange Ave Paramount, CA 90723

Estimated Value: $769,000 - $1,006,000

4 Beds
2 Baths
1,765 Sq Ft
$480/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $420,000 $238 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,089/month

81 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Front Yard
  • Neighborhood Views
  • 2 Attached Carport Spaces
  • 3-minute walk to Steam Engine Park

About This Home

As of April 2016

Investment opportunity! Live in one and rent the other, or rent both. 2 homes on a lot, both currently occupied (please do not bother tenants). One tenant has rented for 18 years, the other for over 15 years; both are paying below average rent for the area. One property has 2 bedrooms and 1.5 baths, at 840 square feet; the other has 2 bedrooms and 1 recently remodeled bath, at 925 square feet (buyer recommended to verify structure sizes). Corner lot with plenty of parking on the property with carport and driveway, located between the two homes. Walking distance from Los Cerritos Elementary school, commuter friendly as property is close to freeways, and 3 different nearby parks to choose from.

Last Agent to Sell the Property

Nick Barnes

Homesmart Realty License #01979357 Listed on: 12/14/2015

Last Buyer's Agent

Rajshekhar Kolmi

K & D Associates License #01865314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,011

Year Built

  • Built in 1947

Lot Details

  • 7,128 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 12 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Shared Driveway
  • Uncovered Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 263
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237006001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,764
  • Trash Expense $588
  • Water Sewer Expense $960
  • Gross Income $2,200
  • Net Operating Income $19,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,011

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 235000
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 6237006001
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 237.96
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fencing: Average Condition
  • Builder Name: unknown
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Shared Driveway, Uncovered
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Underground Utilities
  • Electric: Electricity - On Property
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 7128.00
  • Price Per Lot Square Foot: 58.92
  • Lot Size Acres: 0.1640

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1764.00
  • Lot Size Area: 7128.0000 Square Feet
  • Net Operating Income: 19308.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7029.00
  • Rent Control: No

Tax Info

  • Tax Lot: 263
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Doshi Pallavi Mahesh and Doshi Nishma
Bought by
Blue Sky Trust and Golden State Trust
Current Estimated Value
$846,339

Purchase Details

Closed on
Mar 16, 2021
Sold by
Blue Sky Trust and Golden State Trust
Bought by
Doshi Pallavi Mahesh and Doshi Nishma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
Doshi Nishma and The Golden State Trust
Bought by
Doshi Pallavi Mahesh and The Blue Sky Trust

Purchase Details

Closed on
Nov 16, 2016
Sold by
Doshi Nishma and The Golden State Trust
Bought by
Doshi Nishma and The Golden State Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
Doshi Nishma
Bought by
Doshi Nishma and The Golden State Trust

Purchase Details

Listed on
Dec 14, 2015
Closed on
Mar 16, 2016
Sold by
Cobo Francisco J and The Cobo Family Revocable Livi
Bought by
The Blue Sky Trust
Seller's Agent
Nick Barnes
Homesmart Realty
Buyer's Agent
Rajshekhar Kolmi
K & D Associates
List Price
$470,000
Sold Price
$420,000
Premium/Discount to List
-$50,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Cobo Eduardo
Bought by
Cobo Family Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Blue Sky Trust -- None Listed On Document
Doshi Pallavi Mahesh -- American Coast Title
Doshi Pallavi Mahesh -- None Available
Doshi Nishma -- Fidelity National Title Co
Doshi Nishma -- None Available
The Blue Sky Trust $420,000 First American Title
Cobo Family Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doshi Pallavi Mahesh $354,300
Previous Owner Doshi Nishma $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $420,000 -10.6% $238 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $470,000 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,011 $526,549 $281,320 $245,229
2024 $7,011 $516,225 $275,804 $240,421
2023 $6,883 $506,104 $270,397 $235,707
2022 $7,444 $496,182 $265,096 $231,086
2021 $7,050 $486,454 $259,899 $226,555
2020 $6,926 $481,467 $257,235 $224,232
2019 $7,046 $472,028 $252,192 $219,836
2018 $6,502 $462,774 $247,248 $215,526
2016 $1,184 $55,167 $20,065 $35,102
2015 $1,139 $54,339 $19,764 $34,575
2014 $1,164 $53,275 $19,377 $33,898
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV15263130

California Regional Multiple Listing Service (CRMLS)

APN: 6237-006-001