NOT LISTED FOR SALE

15349 Colorado Ave Paramount, CA 90723

9 Beds
4 Baths
3,839 Sq Ft
0.35 Acres

Last Sold April 15, 2019

Last sale price $1,235,000 $322 Per Sq Ft

105 Days on Market

Highlights

  • 0.35 Acre Lot
  • Central Heating and Cooling System
  • Turnkey
  • Laundry Room

About This Home

As of April 2019

Situated on a over 15,000 SF lot with potential for redevelopment, the seller is motivated and has already identified an up-leg. The property was built in 1961. The Colorado Avenue Apartments include (2) two-bedroom, one-bathroom units, (1) three-bedroom, one-bathroom house, and (1) four-bedroom, two-bathroom house. The property offers adequate parking, recently remodeled units, and provides for a low density living environment. The seller has done extensive renovations to both interiors and exteriors, creating a turnkey investment opportunity.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 11/19/2018

Last Buyer's Agent

Gary Tolfa

Triqor Group License #00955403 Listed on: 11/19/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,839 Sq Ft Home
  • Turnkey
  • Composition Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 8 / 20
  • Assessor Parcel Number 6270013013

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $24,830
  • Gross Income $85,554
  • Net Operating Income $60,724

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: M1*
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6270013013
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 321.70

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15209.00
  • Lot Size Acres: 0.3492

Multi Family

  • Gross Income: 85554.00
  • Gross Operating Income: 85554.00
  • Gross Scheduled Income: 88200.00
  • Lot Size Area: 15209.0000 Square Feet
  • Net Operating Income: 60724.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24830.00
  • Rent Control: No
  • Total Expenses: 24830.00
  • Vacancy Allowance: 2646
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5538.01
  • Tax Lot: 8

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $1,235,000 -4.6% $322 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
12/03/2018 12/03/18 Price Changed $1,295,000 -7.5% $337 / Sq Ft
11/19/2018 11/19/18 For Sale $1,400,000 -- $365 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gary Tolfa

    Seller's Agent in 2019

    Gary Tolfa

    Triqor Group

    (949) 756-3232

    21 Total Sales

    Gary Tolfa
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18276590

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Paramount 90723

15349 Colorado Ave, Paramount, CA

This home is located at 15349 Colorado Ave, Paramount, CA 90723 since 19 November 2018. This property was built in 1961. 15349 Colorado Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Alondra Middle 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

Nearby Homes