$1,400,000
SOLD MAY 16, 2025

15721 Perilla Ave Paramount, CA 90723

5 Beds
3 Baths
3,613 Sq Ft
6,382 Sq Ft Lot

Recently Sold

$387 Per Sq Ft

1 Day on Market

About This Home

As of May 2025

Don't miss this exceptional opportunity to own a fully occupied quadruplex in the vibrant city of Paramount! This well-maintained multi-family property features a desirable unit mix ideal for both investors and owner-occupants.

Unit 1: Spacious 3-bedroom, 2-bathroom — perfect for a large family or owner’s unit

Units 2–4: Each offers 2 bedrooms and 1 bathroom — comfortable layouts with strong rental demand

Located in a prime area close to schools, shopping centers, parks, and easy freeway access, this property offers great income potential and long-term value. Each unit has separate utility meters, dedicated parking, and access to shared outdoor spaces.

Whether you're expanding your real estate portfolio or looking to live in one unit while renting out the others, this property is a smart move in a high-demand rental market.

Last Agent to Sell the Property

J. Art Minchaca

Excellence RE Real Estate Brokerage Phone: 323-707-3890 License #01896986 Listed on: 04/08/2025

Last Buyer's Agent

Paulo Menezes

Addax Realty Co. License #01108766

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,382 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,613 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 27871
  • Assessor Parcel Number 6268016052

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,500
  • Operating Expense $4,200
  • Gross Income $850
  • Net Operating Income $78,780

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: PARM*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6268016052
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 387.49

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6382.00
  • Lot Size Acres: 0.1465

Multi Family

  • Gross Income: 850.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 1500.00
  • Laundry Income: 850.00
  • Lot Size Area: 6382.0000 Square Feet
  • Net Operating Income: 78780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12420.00
  • Rent Control: No
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 5539.01
  • Tax Lot: 27
  • Tax Tract Number: 27871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 21, 2025
Sold by
Cardoso Ercilio M
Bought by
2003 Cardoso Family Trust and Cardoso
Seller's Agent
J. Art Minchaca
Excellence RE Real Estate
Buyer's Agent
Paulo Menezes
Addax Realty Co.
List Price
$1,400,000
Sold Price
$1,400,000
Views
7
Current Estimated Value
$1,404,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,144
Avg. Annual Appreciation
0.47%
Original Mortgage
$1,050,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2025
Closed on
Apr 19, 2025
Sold by
Cordoso Maria Fatima
Bought by
Cardoso Ercilio M
Seller's Agent
J. Art Minchaca
Excellence RE Real Estate
Buyer's Agent
Paulo Menezes
Addax Realty Co.
List Price
$1,400,000
Sold Price
$1,400,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2025
Closed on
Apr 16, 2025
Sold by
Hernandez Living Trust and Hernandez Enrique
Bought by
Cardoso Ercilio M
Seller's Agent
J. Art Minchaca
Excellence RE Real Estate
Buyer's Agent
Paulo Menezes
Addax Realty Co.
List Price
$1,400,000
Sold Price
$1,400,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Karam Karim and Karam Lily
Bought by
Hernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.75%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed -- Stewart Title Of California In
Grant Deed $1,400,000 Stewart Title Of California In
Grant Deed $775,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,050,000 New Conventional
Previous Owner $620,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $1,400,000 0.0% $387 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $1,400,000 -- $387 / 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 $13,878 $1,059,090 $450,965 $608,125
2024 $13,878 $1,038,324 $442,123 $596,201
2023 $13,624 $1,017,965 $433,454 $584,511
2022 $13,265 $998,005 $424,955 $573,050
2021 $12,958 $978,437 $416,623 $561,814
2020 $12,670 $968,406 $412,352 $556,054
2019 $13,292 $949,418 $404,267 $545,151
2018 $11,434 $850,000 $360,000 $490,000
2016 $9,675 $765,000 $325,700 $439,300
2015 $7,363 $590,000 $251,200 $338,800
2014 $7,677 $590,000 $251,200 $338,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25076854

California Regional Multiple Listing Service (CRMLS)

APN: 6268-016-052