NOT LISTED FOR SALE

15316 Georgia Ave Paramount, CA 90723

Estimated Value: $868,000 - $1,046,459

4 Beds
3 Baths
1,966 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $650,000 $331 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,161/month

34 Days on Market

About This Home

As of September 2020

LIVE IN ONE AND RENT THE OTHER! This beautiful duplex cottage boasts two completely detached units, each with their own private yard! The front home has 3 bedrooms and 2 full bathrooms and even has an oversized den! It flaunts new vinyl floors, fresher paint as well as a new roof! The rear cottage has 1 bedroom and one full bathroom. Each unit contains ample privacy with each having their own grass and fenced yard. The detached garage houses two sets of laundry hook ups and each unit is individually metered. This property is ideal for a multigenerational family or budding investor looking to live in one and rent the other. The options are endless and being within walking distance from Lincoln Elementary,Paramount High School, the Swap Meet and more, this one is hard to beat.

Last Agent to Sell the Property

Nahed Benyamein

Allstars Realty License #01000857 Listed on: 06/30/2020

Last Buyer's Agent

Venny Saucedo

The Agent and Company License #01328134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,135

Year Built

  • Built in 1957

Lot Details

  • 8,021 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,966 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 2 / 15
  • Assessor Parcel Number 6270008004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $31,200
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,135

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: PAR2*
  • Property Type: Residential Income
  • Parcel Number: 6270008004
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 330.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8021.00
  • Lot Size Acres: 0.1841

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 8021.0000 Square Feet
  • Net Operating Income: 31200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 5539.01
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Estela Martinez Blanca
Bought by
Martinez Juan
Current Estimated Value
$945,115

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 4, 2020
Sold by
Ruiz Ramon and Tejeda Ruiz Maria
Bought by
Martinez Blanca Estela and Martinez Juan
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
Venny Saucedo
The Agent and Company
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$520,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2014
Closed on
Oct 13, 2014
Sold by
Corpus Josefina and Corpus Family Trust
Bought by
Ruiz Ramon and Tejeda Ruiz Maria
Seller's Agent
Kathy Watterson
RE/MAX of Santa Clarita
Buyer's Agent
Lester Garcia
Homesmart Realty Group
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$337,500
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Martinez Juan -- None Listed On Document
Martinez Blanca Estela $650,000 Chicago Title
Ruiz Ramon $450,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Blanca Estela $520,000
Previous Owner Ruiz Ramon $329,000
Previous Owner Ruiz Ramon $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $650,000 0.0% $331 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $650,000 +44.4% $331 / Sq Ft
11/06/2014 11/06/14 Sold $450,000 0.0% $229 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $450,000 -- $229 / 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 $12,135 $953,006 $832,320 $120,686
2024 $12,135 $934,320 $816,000 $118,320
2023 $9,008 $676,260 $405,756 $270,504
2022 $8,770 $663,000 $397,800 $265,200
2021 $8,570 $650,000 $390,000 $260,000
2020 $6,621 $494,516 $296,710 $197,806
2019 $6,938 $484,821 $290,893 $193,928
2018 $6,405 $475,316 $285,190 $190,126
2016 $5,749 $456,862 $274,117 $182,745
2015 $5,422 $450,000 $270,000 $180,000
2014 $1,894 $116,361 $36,745 $79,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20126730

California Regional Multiple Listing Service (CRMLS)

APN: 6270-008-004