$595,000
SOLD NOV 10, 2022

15311 Colorado Ave Paramount, CA 90723

4 Beds
2 Baths
1,724 Sq Ft
7,481 Sq Ft Lot

Recently Sold

$345 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Tile Flooring
  • Lawn
  • Laundry Room
  • Ceiling Fan

About This Home

As of November 2022

Great investment opportunity! Recently updated Duplexes in the City of Paramount. Both units are spacious and offer 2 bedrooms and 1 bath, laundry, and an attached single car garage. Both units include new interior paint, wood laminated flooring throughout the bedrooms and family room, tiled showered walls and flooring in both bathrooms, New kitchen countertops, tiled flooring and cabinetry. Large rear yard which can accommodate an additional ADU. This lot has a common driveway that is shared with both duplexes 15311 (Right) and 15317 (Left) Colorado Ave. Both parcels are to be sold together.
These units are in walking distance to local shopping and restaurants and centrally located to 4 major freeways, 710-FWY /105-FWY /91-FWY and the 605 FWY.
Don't let this opportunity slip away.

Last Agent to Sell the Property

Taron Valentin

Realty One Group West License #01768459

Realty One Group West

Last Buyer's Agent

Gabriela Ruiz

Excellence RE Real Estate License #00842783

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,127

Year Built

  • Built in 1957

Lot Details

  • 7,481 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Needs Fence Repair
  • Rectangular Lot
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Single Garage Door
  • Shared Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,724 Sq Ft Home
  • Ceiling Fan
  • Window Screens
  • Family Room
  • Neighborhood Views
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Overhead Utilities
  • Standard Electricity
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / 20
  • Assessor Parcel Number 6270013028
  • $743 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Trash Expense $510
  • Water Sewer Expense $780
  • Operating Expense $2,040
  • Gross Income $24,540
  • Net Operating Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,127

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 297500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 780.00
  • Zoning: PAM1*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6270013028
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 345.13
  • Room Type: Family Room, Kitchen
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Needs Repair, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage - Single Door, Shared Driveway, Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 510.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Rectangular Lot, Utilities - Overhead
  • Lot Size Sq Ft: 7481.00
  • Lot Size Acres: 0.1717

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 24540.00
  • Gross Scheduled Income: 24540.00
  • Insurance Expense: 750.00
  • Lot Size Area: 7481.0000 Square Feet
  • Net Operating Income: 22500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2040.00
  • Rent Control: No
  • Total Expenses: 2040.00

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5538.01
  • Tax Lot: 11
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 743.00

Map

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
01/15/2024 01/15/24 Rented $2,400 0.0% --
01/04/2024 01/04/24 Under Contract -- -- --
12/27/2023 12/27/23 For Rent $2,400 0.0% --
11/10/2022 11/10/22 Sold $595,000 0.0% $345 / Sq Ft
10/06/2022 10/06/22 Off Market $595,000 -- --
10/05/2022 10/05/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $595,000 -- $345 / 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
2024 $8,127 $606,900 $433,500 $173,400
2023 $7,978 $595,000 $425,000 $170,000
2022 $1,483 $60,008 $28,850 $31,158
2021 $1,447 $58,833 $28,285 $30,548
2019 $1,457 $57,090 $27,447 $29,643
2018 $1,287 $55,971 $26,909 $29,062
2016 $1,171 $53,800 $25,865 $27,935
2015 $1,127 $52,993 $25,477 $27,516
2014 $1,152 $51,955 $24,978 $26,977
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,750 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $595,000 California Best Title
Deed -- --
Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22210354

California Regional Multiple Listing Service (CRMLS)

APN: 6270-013-028