NOT LISTED FOR SALE

15937 Orizaba Ave Paramount, CA 90723

Estimated Value: $1,561,000 - $1,896,000

9 Beds
6 Baths
6,460 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $685,000 $106 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $10,171/month

28 Days on Market

Highlights

  • 0.35 Acre Lot
  • 8 Car Direct Access Garage
  • Central Heating
  • Traditional Architecture
  • Fence Around Pool
  • Carpet

About This Home

As of May 2013

Three units which include a Front house and a Two-story duplex in the back! Front house (unit 1) is located at 15937 Orizaba Avenue. This spacious home is a true gem. With an oversized yard, great curb appeal and includes an in-ground swimming pool, spa and an outdoor restroom. Newer Back duplex (units 2 and 3) is located at 15930-32 Clearbrook Drive. Unit two consists of an upgraded 2 bedroom with 1.5 baths and a two car attached garage. Unit three is a spacious 3 bedroom with 1.75 baths and a two car attached garage.

Last Agent to Sell the Property

Maria Angel

National Homes & Investments License #00636194 Listed on: 12/10/2012

Last Buyer's Agent

Maria Angel

National Homes & Investments License #00636194 Listed on: 12/10/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,460 Sq Ft Home
  • Carpet
  • Basement

Parking

  • 8 Car Direct Access Garage
  • Driveway

Additional Features

  • Fence Around Pool
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 15 / 56
  • Assessor Parcel Number 7103005022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,600
  • Insurance Expense $1,000
  • Trash Expense $552
  • New Taxes Expense $8,650
  • Gross Income $4,750
  • Net Operating Income $39,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.74
  • View: No
  • Architectural Style: Spanish, Traditional
  • Property Type: Residential Income
  • Parcel Number: 7103005022
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 106.04
  • Room Type: Basement

Exterior Features

  • Pool Features: Fenced
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Trash Expense: 552.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 100x150
  • Lot Size Sq Ft: 15015.00
  • Lot Size Acres: 0.3450

Multi Family

  • Electric Expense: 1600.00
  • Gross Income: 4750.00
  • Gross Multiplier: 12.14
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 39700.00
  • 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: 1146.00
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 8650.00
  • Tax Area: 7273
  • Tax Block: 56
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Lugo Abel
Bought by
Alkajj Holdings Llc
Current Estimated Value
$1,757,333

Purchase Details

Closed on
Jan 25, 2013
Sold by
The Bank Of New York Mellon
Bought by
Lugo Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Arechiga Jose
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 28, 2005
Sold by
Sanchez Aracely
Bought by
Arechiga Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,800
Interest Rate
7.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 18, 2002
Sold by
Sanchez Maria and Villanueva Estevan
Bought by
Sanchez Aracely

Purchase Details

Closed on
Feb 27, 2002
Sold by
Gonzalez Felix J and Gonzalez Irene P
Bought by
Sanchez Maria and Villanueva Estevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
8.25%

Purchase Details

Closed on
Dec 20, 1993
Sold by
Chemical Bank
Bought by
Gonzalez Felix J and Gonzalez Irene P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%

Purchase Details

Closed on
Oct 21, 1993
Sold by
T D Service Company
Bought by
Chemical Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
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 Buyer Sale Price Title Company
Alkajj Holdings Llc -- None Available
Lugo Abel $685,000 Landsafe Title
The Bank Of New York Mellon $774,000 None Available
Arechiga Jose $1,060,000 Stewart Title Company
Sanchez Aracely -- --
Sanchez Maria $398,000 South Coast Title Company
Gonzalez Felix J $380,000 Fidelity National Title Ins
Chemical Bank $95,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lugo Abel $513,750
Previous Owner Arechiga Jose $804,800
Previous Owner Sanchez Maria $318,400
Previous Owner Gonzalez Felix J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $685,000 -1.0% $106 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $692,000 -- $107 / 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 $11,572 $843,516 $337,405 $506,111
2024 $11,572 $826,978 $330,790 $496,188
2023 $11,368 $810,763 $324,304 $486,459
2022 $11,077 $794,867 $317,946 $476,921
2021 $10,805 $779,282 $311,712 $467,570
2020 $10,573 $771,292 $308,516 $462,776
2019 $11,066 $756,169 $302,467 $453,702
2018 $10,178 $741,343 $296,537 $444,806
2016 $9,107 $712,558 $285,023 $427,535
2015 $8,598 $701,856 $280,742 $421,114
2014 $8,814 $688,108 $275,243 $412,865
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Maria Angel

    National Homes & Investments

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1206075

California Regional Multiple Listing Service (CRMLS)

APN: 7103-005-022

California Los Angeles County Paramount 90723

15937 Orizaba Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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