NOT LISTED FOR SALE

15715 Passage Ave Paramount, CA 90723

Estimated Value: $1,275,000 - $1,363,000

9 Beds
5 Baths
3,448 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $512,000 $148 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $7,708/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Carpet
  • No Heating

About This Home

As of August 2012

**Standard Sale*# Great Investment opportunity consisting , 4 Units. #4 is 3 Bedroon 2 Baths and 2 Car Garage, the others 3 Units are 2 Bedroom 1 Bath and 1 Car Garage each. Community coin operated laundry room, washer & Dryer. All properties are occupied by long term tenants. Excellent cash flow potential...

Last Agent to Sell the Property

Rosario Cwirko

Supreme Realty License #01794756 Listed on: 05/09/2012

Supreme Realty

Last Buyer's Agent

Michael Borba

Borba Investment Realty License #01380572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,774

Year Built

  • Built in 1963

Lot Details

  • 6,316

Parking

  • 5 Car Garage

Home Design

  • 3,448 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Wood Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Dryer
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 8
  • Tax Tract Number 27871
  • Assessor Parcel Number 6268016033

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $35
  • Gardener Expense $80
  • Insurance Expense $1,200
  • Trash Expense $75
  • Water Sewer Expense $130
  • Gross Income $4,500
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,774

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • CapRate: 0.74
  • View: No
  • Water Sewer Expenses: 130.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 6268016033
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Appliances: No
  • Price Per Square Foot: 148.49

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Laundry Features: Dryer Included
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 35.00
  • Gross Income: 4500.00
  • Gross Multiplier: 120.00
  • Gross Scheduled Income: 4500.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 4000.00
  • Number Of Units Total: 4
  • Operating Expense: 500.00

Tax Info

  • Tax Area: 7273
  • Tax Lot: 8
  • Tax Tract Number: 27871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Barcelos Paul A and Barcel Vanda
Bought by
Pave Two Properties Llc
Current Estimated Value
$1,315,798

Purchase Details

Closed on
May 13, 2016
Sold by
Barcelos Paul A and Barcelos Vanda Escobar
Bought by
The Paul A Barcelos & Vanda Escobar Barc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,850
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2013
Sold by
Borda Michael F and Borba Julie Y
Bought by
Borba Michael Freitas and Borba Julie Yasuda

Purchase Details

Listed on
May 9, 2012
Closed on
Aug 10, 2012
Sold by
Barcelos Paul A and Barcelos Vanda
Bought by
Barcelos Paul A and Barcelos Vanda Escobar
Seller's Agent
Rosario Cwirko
Supreme Realty
Buyer's Agent
Michael Borba
Borba Investment Realty
List Price
$540,000
Sold Price
$512,000
Premium/Discount to List
-$28,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$361,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 15, 2012
Sold by
Castillo Jorge A and Castillo Dulce C
Bought by
Barcelos Paul Alexandre and Barcelos Vanda Escobar
Seller's Agent
Rosario Cwirko
Supreme Realty
Buyer's Agent
Michael Borba
Borba Investment Realty
List Price
$540,000
Sold Price
$512,000
Premium/Discount to List
-$28,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2010
Sold by
Decastillo Maria Ines Lopez
Bought by
Castillo Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Castillo Jorge A
Bought by
Castillo Jorge A and Castillo Dulce C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,170
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
Lopez Maria
Bought by
Castillo Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,170
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2002
Sold by
Pangilinan Norberto and Pangilinan Erlinda
Bought by
Castillo Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,133
Interest Rate
6.52%
Mortgage Type
FHA
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
Pave Two Properties Llc -- None Listed On Document
The Paul A Barcelos & Vanda Escobar Barc -- Accommodation
Barcelos Paul A -- First American Title
Borba Michael Freitas -- None Available
Barcelos Paul A -- Accommodation
Barcelos Paul Alexandre $512,000 Advantage Title
Castillo Jorge A -- North American Title Company
Castillo Jorge A -- Stewart Title
Castillo Jorge A -- Stewart Title
Castillo Jorge A $315,000 American Title Co
Castillo Jorge A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barcelos Paul A $542,850
Previous Owner Barcelos Paul Alexandre $361,500
Previous Owner Castillo Jorge A $375,000
Previous Owner Castillo Jorge A $370,170
Previous Owner Castillo Jorge A $310,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $512,000 -5.2% $148 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $540,000 -- $157 / 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 $8,774 $630,472 $252,434 $378,038
2024 $8,774 $618,111 $247,485 $370,626
2023 $8,618 $605,992 $242,633 $363,359
2022 $8,396 $594,111 $237,876 $356,235
2021 $8,199 $582,462 $233,212 $349,250
2020 $8,025 $576,490 $230,821 $345,669
2019 $8,390 $565,188 $226,296 $338,892
2018 $7,824 $554,107 $221,859 $332,248
2016 $7,035 $532,593 $213,245 $319,348
2015 $6,649 $524,594 $210,042 $314,552
2014 $6,815 $514,319 $205,928 $308,391
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rosario Cwirko

    RE/MAX

    (562) 594-6753

    14 Total Sales

    Rosario Cwirko
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Borba

    Borba Investment Realty

    (562) 924-3858

    10 Total Sales

    Michael Borba
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1202650

California Regional Multiple Listing Service (CRMLS)

APN: 6268-016-033

California Los Angeles County Paramount 90723

15715 Passage Ave, Paramount, CA

This home is located at 15715 Passage Ave, Paramount, CA 90723 since 09 May 2012 and is currently estimated at $1,315,798, approximately $381 per square foot. This property was built in 1963. 15715 Passage Ave is a home located in Los Angeles County with nearby schools including Jefferson 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

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