NOT LISTED FOR SALE

15911 Georgia Ave Paramount, CA 90723

Paramount Area

Estimated Value: $1,512,000 - $1,852,902

3 Beds
2 Baths
3,318 Sq Ft
$507/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2018

Last sale price $1,265,000 $381 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,529 / mo

20 Days on Market

About This Home

As of June 2018

Beautiful 5 units in the city of Paramount . Great location close to freeways, schools, and shopping . This property features 5 units 3-2 bedrooms and 2-1 bedrooms. Each ground level unit has a private backyard and a common area with a 3 washers and 2 dryers. This an amazing investment opportunity for the right buyer. Cash flow and long term appreciation . Seller is motivated and ready to go! Please contact listing office for more information. DRIVE BY ONLY!!! DO NOT DISTURB TENANTS PLEASE.

Last Agent to Sell the Property

Sergio Martinez

Pak Home Realty License #01358473 Listed on: 04/18/2018

Pak Home Realty

Last Buyer's Agent

Alfonso Vasquez

SO CAL REALTY & LOANS License #01259293

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,501 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,318 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 11 / 57
  • Tax Tract Number 5539
  • Assessor Parcel Number 7103004020

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $444
  • Fuel Expense $360
  • Gardener Expense $600
  • Trash Expense $660
  • Water Sewer Expense $1,020
  • New Taxes Expense $7,000
  • Operating Expense $10,084
  • Gross Income $85,000
  • Net Operating Income $74,916

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,501 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 6.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1020.00
  • Zoning: PACM*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7103004020
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 381.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Water Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7501.00

Multi Family

  • Electric Expense: 444.00
  • Fuel Expense: 360.00
  • Gross Income: 85000.00
  • Gross Multiplier: 14.00
  • Gross Scheduled Income: 85000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Net Operating Income: 74916.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 10084.00
  • Rent Control: No
  • Total Expenses: 10084.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Block: 57
  • Tax Census Tract: 5539.02
  • Tax Lot: 11
  • Tax Tract Number: 5539.2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 14, 2018
Sold by
Bought by
Seller's Agent
Sergio Martinez
Pak Home Realty
Buyer's Agent
Alfonso Vasquez
SO CAL REALTY & LOANS
List Price
$1,199,000
Sold Price
$1,265,000
Premium/Discount to List
$66,000
5.5%
Current Estimated Value
$1,682,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,451
Avg. Annual Appreciation
3.60%
Original Mortgage
$15,000
Interest Rate
0.045%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.057%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.057%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,265,000 Fidelity National Title Com
$650,000 --
-- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $15,000
Previous Owner $500,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $1,265,000 0.0% $381 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/04/2018 05/04/18 Price Changed $1,265,000 +5.5% $381 / Sq Ft
04/18/2018 04/18/18 For Sale $1,199,000 -- $361 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,194 $1,411,127 $564,450 $846,677
2024 $18,577 $1,383,459 $553,383 $830,076
2023 $18,239 $1,356,333 $542,533 $813,800
2022 $17,422 $1,329,740 $531,896 $797,844
2021 $17,026 $1,303,667 $521,467 $782,200
2019 $17,476 $1,265,480 $506,000 $759,480
2018 $10,944 $796,760 $275,633 $521,127
2016 $9,842 $765,362 $264,931 $500,431
2015 $9,289 $753,867 $260,952 $492,915
2014 $9,524 $739,101 $255,841 $483,260
Source: Public Records

Agents Affiliated with this Home

  • Sergio Martinez

    Seller's Agent in 2018

    Sergio Martinez

    Pak Home Realty

    (562) 277-1172

    8 Total Sales

    Sergio Martinez
    Section Image

  • A

    Buyer's Agent in 2018

    Alfonso Vasquez

    SO CAL REALTY & LOANS

    (626) 214-0290

    40 Total Sales

    Alfonso Vasquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18090125

California Regional Multiple Listing Service (CRMLS)

APN: 7103-004-020

California Los Angeles County Paramount 90723

15911 Georgia Ave, Paramount, CA

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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