NOT LISTED FOR SALE

15706 Passage Ave Paramount, CA 90723

Estimated Value: $1,230,000 - $1,429,000

8 Beds
5 Baths
3,358 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $825,000 $246 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,047/month

41 Days on Market

About This Home

As of December 2017

Looking for your first rental property? need a replacement property to complete a 1031 exchange? or looking to occupy one unit and take advantage of the supplemental income of the 3 other units. Prime rental area in the City of Paramount, no rent control. All units have a one car garage and a common laundry area. All units are in good conditions. This property will not last!

Last Agent to Sell the Property

Fabian Garcia

CENTURY 21 REALTY MASTERS License #01004703 Listed on: 08/09/2017

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Alvaro Santillan

Century 21 Allstars License #01428075

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,079 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • 3,358 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 27871
  • Assessor Parcel Number 6268016037

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: PARM*
  • Property Type: Residential Income
  • Parcel Number: 6268016037
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 245.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Private, Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7079.00

Multi Family

  • Gross Income: 3625.00
  • Gross Scheduled Income: 3625.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3625.00

Tax Info

  • Tax Census Tract: 5539.01
  • Tax Lot: 12
  • Tax Tract Number: 27871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Barajas Veronica and The Barajas Family Revocable L
Bought by
Fj Produce Inc
Current Estimated Value
$1,337,988

Purchase Details

Closed on
Sep 16, 2002
Sold by
Barajas Carlos and Barajas Guadalupe
Bought by
Barajas Carlos and Barajas Guadalupe

Purchase Details

Closed on
Jun 27, 2002
Sold by
Abouriali Nabil
Bought by
Abboud Gabriel and Trust Of Gabriel Abboud

Purchase Details

Closed on
Jan 23, 2002
Sold by
Abboud Samer and Abboud Gabriel
Bought by
Barajas Carlos and Barajas Guadalupe

Purchase Details

Closed on
May 26, 1998
Sold by
Abboud Gabriel
Bought by
Trust Of Gabriel Abboud

Purchase Details

Closed on
Nov 7, 1996
Sold by
Thagard Oil Co
Bought by
Abboud Gabriel and Abboud Samer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
8.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fj Produce Inc $825,000 Wfg National Title Co Of Ca
Barajas Carlos -- --
Abboud Gabriel -- Lawyers Title
Barajas Carlos $360,000 Lawyers Title Company
Abboud Samer -- Lawyers Title Company
Trust Of Gabriel Abboud -- --
Abboud Gabriel $187,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abboud Gabriel $149,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $825,000 +3.4% $246 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $798,000 -3.3% $238 / Sq Ft
08/15/2017 08/15/17 Off Market $825,000 -- --
08/09/2017 08/09/17 For Sale $798,000 -- $238 / 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 $12,441 $938,703 $506,332 $432,371
2024 $12,441 $920,298 $496,404 $423,894
2023 $12,214 $902,254 $486,671 $415,583
2022 $11,895 $884,564 $477,129 $407,435
2021 $11,620 $867,221 $467,774 $399,447
2019 $11,914 $841,500 $453,900 $387,600
2018 $11,113 $825,000 $445,000 $380,000
2017 $6,456 $449,119 $119,795 $329,324
2016 $5,986 $440,314 $117,447 $322,867
2015 $5,665 $433,701 $115,683 $318,018
2014 $5,805 $425,206 $113,417 $311,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17184252

California Regional Multiple Listing Service (CRMLS)

APN: 6268-016-037