NOT LISTED FOR SALE

15553 Georgia Ave Paramount, CA 90723

Estimated Value: $760,000 - $947,000

4 Beds
2 Baths
1,768 Sq Ft
$488/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $430,000 $243 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,094/month

8 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • East Facing Home
  • No HOA
  • Tile Flooring
  • Wood Fence

About This Home

As of November 2014

Two separate homes on one 7,500 Sq.Ft. (assessor's data) lot in popular area of Paramount... Front home is a two bedroom, one bath with a rear addition used as a third bedroom w/ laundry hookups and half bath & Rear home is a two bedroom, one bath w/laundry hookups in kitchen, total building square footage is 1,768 (assessors data). Located on wide residential street and centrally located within the City to schools, shopping & dining, recreation facilities, transportation routes and central business district. Each home has a separate entrance, parking area and fenced yard. 15553 has newer vinyl dual pane windows, a large front setback area, concrete slab driveway parking, fence front and rear yard. 15555 is accessible from the rear alley and has a covered carport and fenced yard. Both units have upgraded granite counter tops and tile floors in kitchen and bathrooms. Rents are on the lower end of the market, upside potential possible. This property is priced very competitively and is a standard sale through a trust and subject to interior inspection and tenant's rights.

Last Agent to Sell the Property

Gary Endo

Duke & Associates License #00878613 Listed on: 09/25/2014

Last Buyer's Agent

Ricardo Castro

Ricardo Castro, Broker License #01237456

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 33
  • Assessor Parcel Number 6270018012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Zoning: PAR2
  • Property Type: Residential Income
  • Parcel Number: 6270018012
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 243.21

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2500.00

Tax Info

  • Tax Block: 33
  • Tax Lot: 7
  • Tax Tract Number: Clear
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2014
Closed on
Oct 21, 2014
Sold by
Espinoza Patricia
Bought by
Yepez Alfonso
Seller's Agent
Gary Endo
Duke & Associates
Buyer's Agent
Ricardo Castro
Ricardo Castro, Broker
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%
Current Estimated Value
$862,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,522
Avg. Annual Appreciation
6.44%
Original Mortgage
$322,500
Outstanding Balance
$247,878
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$614,644

Purchase Details

Listed on
Sep 25, 2014
Closed on
Oct 6, 2014
Sold by
Rosales Mark D and Rosales Bypass Trust
Bought by
Yepez Alfonso
Seller's Agent
Gary Endo
Duke & Associates
Buyer's Agent
Ricardo Castro
Ricardo Castro, Broker
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Outstanding Balance
$247,878
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$614,644

Purchase Details

Closed on
Jun 26, 2007
Sold by
Rosales Dora P and The Rosales Family Trust
Bought by
Rosales Dora P and The Rosales Bypass Trust

Purchase Details

Closed on
Mar 12, 1996
Sold by
Rosales Hilario A and Rosales Dora P
Bought by
Rosales Hilario A and Rosales Dora P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yepez Alfonso -- Old Republic Title Company
Yepez Alfonso $430,000 Old Republic Title Company
Rosales Dora P -- None Available
Rosales Hilario A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yepez Alfonso $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $430,000 +2.6% $243 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $419,000 -- $237 / 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 $6,900 $516,786 $310,072 $206,714
2024 $6,900 $506,654 $303,993 $202,661
2023 $6,775 $496,721 $298,033 $198,688
2022 $6,597 $486,983 $292,190 $194,793
2021 $6,446 $477,435 $286,461 $190,974
2020 $6,305 $472,540 $283,524 $189,016
2019 $6,607 $463,275 $277,965 $185,310
2018 $6,132 $454,192 $272,515 $181,677
2016 $5,507 $436,557 $261,934 $174,623
2015 $5,194 $430,000 $258,000 $172,000
2014 $988 $37,156 $18,774 $18,382
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gary Endo

    Duke & Associates

    (562) 633-9705

    8 Total Sales

    Gary Endo
    Section Image

  • R

    Buyer's Agent in 2014

    Ricardo Castro

    Ricardo Castro, Broker

    (562) 208-3760

    3 Total Sales

    Ricardo Castro
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14206578

California Regional Multiple Listing Service (CRMLS)

APN: 6270-018-012

California Los Angeles County Paramount 90723

15553 Georgia Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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