NOT LISTED FOR SALE

15716 Orizaba Ave Paramount, CA 90723

Estimated Value: $937,000 - $1,148,000

5 Beds
4 Baths
1,930 Sq Ft
$525/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $750,000 $389 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,520/month

23 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard

About This Home

As of May 2020

Excellent TRIPLEX investment opportunity in a highly desirable Paramount neighborhood! Front house is 3 bedrooms, 2 bathrooms with a detached 2 car garage and a private courtyard. There are 2 back units. Each unit is 1 bedroom, 1 bathroom with a 1 car garage. There is a dedicated parking area along the rear of the property for these 2 units. This is a great opportunity for an owner occupied front property with 2 rentals. There is complete privacy between front and rear units and an oversized street for plenty of parking. Do not miss out!

Last Agent to Sell the Property

Brenda Trigo

Seven Gables Real Estate License #01927445 Listed on: 02/10/2020

Seven Gables Real Estate

Last Buyer's Agent

Luz Lopez

Century 21 Jervis & Associates License #01268815

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,754

Year Built

  • Built in 1945

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,930 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 40
  • Tax Tract Number 553901
  • Assessor Parcel Number 6270023003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,036
  • Other Expense $1,006
  • Trash Expense $341
  • Water Sewer Expense $1,392
  • New Taxes Expense $10,000
  • Operating Expense $13,755
  • Net Operating Income $53,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,754

Year Built

Built in 1945

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1392.00
  • Zoning: PAR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6270023003
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 388.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 341.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1036.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 53078.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 6922.00
  • Other Expense: 1006.00
  • Other Expense Description: Gas
  • Rent Control: Yes
  • Total Expenses: 13755.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 40
  • Tax Census Tract: 5539.01
  • Tax Lot: 2
  • Tax Tract Number: 553901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 9, 2020
Sold by
Ortiz Marilu and The Cecilia L Padilla Living T
Bought by
Romero Edaurdo and Romero Cecilia
Seller's Agent
Brenda Trigo
Seven Gables Real Estate
Buyer's Agent
Luz Lopez
Century 21 Jervis & Associates
List Price
$799,999
Sold Price
$750,000
Premium/Discount to List
-$49,999
-6.25%
Total Days on Market
23
Current Estimated Value
$1,013,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,454
Avg. Annual Appreciation
5.85%
Original Mortgage
$562,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2004
Sold by
Padilla Cecilia
Bought by
Padilla Cecilia L and The Cecilia L Padilla Living T

Purchase Details

Closed on
Oct 11, 2004
Sold by
Padilla Maria C
Bought by
Padilla Joe G
Source: Public Records

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Range of Values:

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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
Romero Edaurdo $750,000 First American Title Company
Padilla Cecilia L -- --
Padilla Joe G -- --
Padilla Cecilia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Edaurdo $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $750,000 -6.2% $389 / Sq Ft
02/10/2020 02/10/20 For Sale $799,999 -- $415 / 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
2024 $10,754 $804,150 $482,490 $321,660
2023 $10,556 $788,383 $473,030 $315,353
2022 $10,279 $772,925 $463,755 $309,170
2021 $10,595 $757,770 $454,662 $303,108
2020 $4,068 $269,500 $107,621 $161,879
2019 $4,229 $264,216 $105,511 $158,705
2018 $3,870 $259,037 $103,443 $155,594
2017 $3,757 $253,959 $101,415 $152,544
2016 $3,493 $248,980 $99,427 $149,553
2015 $3,313 $245,241 $97,934 $147,307
2014 $3,393 $240,438 $96,016 $144,422
Source: Public Records

Agents Affiliated with this Home

  • Brenda Trigo

    Seller's Agent in 2020

    Brenda Trigo

    Seven Gables Real Estate

    (562) 881-9416

    106 Total Sales

    Brenda Trigo
    Section Image
  • Luz Lopez

    Buyer's Agent in 2020

    Luz Lopez

    Century 21 Jervis & Associates

    (310) 430-9552

    4 Total Sales

    Luz Lopez
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20028925

California Regional Multiple Listing Service (CRMLS)

APN: 6270-023-003

California Los Angeles County Paramount 90723

15716 Orizaba Ave, Paramount, CA

This home is located at 15716 Orizaba Ave, Paramount, CA 90723 since 10 February 2020 and is currently estimated at $1,013,454, approximately $525 per square foot. This property was built in 1945. 15716 Orizaba Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Alondra Middle School, and Paramount High School.

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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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