NOT LISTED FOR SALE

15116 Orange Ave Unit 15126 Paramount, CA 90723

18 Beds
18 Baths
8,470 Sq Ft
0.32 Acres

Last Sold March 20, 2020

Last sale price $2,245,000 $265 Per Sq Ft

24 Days on Market

Highlights

  • 0.32 Acre Lot
  • Double Pane Windows
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

As of March 2020

Well maintained property. 11516 and 11521 Orange Ave. in Paramount. Built in 1964. Bldg sq ft 8,470. Lot size 13,977 sq. ft. Income is low. Will be
increased in January 2020. $13,220 per month. $158640.00 per year. Fully occupied. Expenses is $2198.32 per month / $26379.00 per year.All units are 2 bedrooms 1.5 baths except unit 5 have 2 bedrooms and 1 3/4 baths. Unit 7, 8. 9 have private patios.Plumbing have copper and pex. Units have wood floors,ceramic tiles,carpet .Roof is 1 year old. All exterior doors are metals. Sliding doors to the patio on unit 7,8,9. Stucco construction .No Pets allowed.

Last Agent to Sell the Property

Lil Gonzaga

Merit Capital Group Inc License #00917338 Listed on: 12/21/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 9 Car Garage

Home Design

  • Ranch Style House
  • Apartment
  • Shingle Roof
  • Stucco

Interior Spaces

  • 8,470 Sq Ft Home
  • Double Pane Windows
  • Laundry Room

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1397 / 10
  • Tax Tract Number 15741
  • Assessor Parcel Number 6240001006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Amenities

  • Laundry Facilities

Building Details

  • 9 Leased Units
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • Electric Expense $600
  • Insurance Expense $300
  • Trash Expense $3,384
  • Water Sewer Expense $4,242
  • New Taxes Expense $898
  • Operating Expense $9,424
  • Gross Income $158,640
  • Net Operating Income $156,010

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

9

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4242.00
  • Zoning: PARM*
  • Architectural Style: Ranch
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6240001006
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 265.05
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Cable Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3384.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 13977.00
  • Lot Size Acres: 0.3209
  • Latitude Manual: 33.89561600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 158640.00
  • Gross Scheduled Income: 158640.00
  • Insurance Expense: 300.00
  • Lot Size Area: 13977.0000 Square Feet
  • Net Operating Income: 156010.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Units Leased: 9
  • Number Of Units Total: 9
  • Operating Expense: 26380.00
  • Rent Control: No
  • Total Actual Rent: 13220.00
  • Total Expenses: 9424.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 898.00
  • Tax Block: 10
  • Tax Census Tract: 5538.01
  • Tax Lot: 1397
  • Tax Tract Number: 15741

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 List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $2,245,000 0.0% $265 / Sq Ft
01/21/2020 01/21/20 Off Market $2,245,000 -- --
01/14/2020 01/14/20 Pending -- -- --
12/21/2019 12/21/19 For Sale $2,278,000 -- $269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lil Gonzaga

    Merit Capital Group Inc

    (562) 860-2571

    18 Total Sales

    Lil Gonzaga
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    9 in this area

    5,940 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19285123

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

15116 Orange Ave Unit 15126, Paramount, CA

This home is located at 15116 Orange Ave Unit 15126, Paramount, CA 90723 since 21 December 2019. This property was built in 1964. 15116 Orange Ave Unit 15126 is a home located in Los Angeles County with nearby schools including Mark Keppel School, Frank J. Zamboni 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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