NOT LISTED FOR SALE

16411 California Ave Paramount, CA 90723

Paramount Area

Estimated Value: $1,088,000 - $1,386,000

2 Beds
1 Bath
2,741 Sq Ft
$453/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2015

Last sale price $714,000 $260 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $7,515 / mo

8 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2015

First time on the market since it was built in 1954! One family has owned and operated this garden style one story 4 Plex since it was new. Located across the street from Iceland, this property is located in a high rental demand area. All units have 2 bedrooms and 1 bath. The building is approx. 2,741 sq.ft. on a 7,487 sq.ft. lot. Includes a laundry room for all the tenants to use plus two - 2 car attached garages. Each tenant has a garage space with both garage doors on electric garage door openers. Being close to stores, Iceland, city hall and businesses for employment, there is always demand for the units. Two of the units have been previously remodeled and the other two will be getting some new flooring. Take advantage of this wonderful investment opportunity today!

Last Agent to Sell the Property

Mike Vartanian

Legacy Real Estate License #00920875 Listed on: 07/01/2015

Last Buyer's Agent

ASUNCION JIMENEZ-VARGAS

Vismar Real Estate License #01936033

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,487 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,741 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7103024021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

7,487 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 7103024021
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 260.49

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7487.00
  • Price Per Lot Square Foot: 95.37
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 4800.00
  • Gross Multiplier: 13.02
  • Gross Scheduled Income: 57600.00
  • Lot Size Area: 7487.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 11

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

Closed on
Apr 6, 2016
Sold by
Bought by
Current Estimated Value
$1,191,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 24, 2015
Sold by
Bought by
Seller's Agent
Mike Vartanian
Legacy Real Estate
Buyer's Agent
ASUNCION JIMENEZ-VARGAS
Vismar Real Estate
List Price
$750,000
Sold Price
$714,000
Premium/Discount to List
-$36,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$535,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2008
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paramount, CA

See All Agents

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
-- None Available
$714,000 Fidelity National Title
-- None Available
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
Previous Owner $530,000
Previous Owner $535,000
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
08/18/2015 08/18/15 Sold $714,000 -4.8% $260 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $750,000 -- $274 / 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
2026 $11,725 $862,125 $388,802 $473,323
2025 $11,725 $845,222 $381,179 $464,043
2024 $11,290 $828,650 $373,705 $454,945
2023 $11,085 $812,403 $366,378 $446,025
2022 $10,796 $796,475 $359,195 $437,280
2021 $10,549 $780,858 $352,152 $428,706
2019 $10,814 $757,700 $341,708 $415,992
2018 $10,081 $742,844 $335,008 $407,836
2016 $9,061 $714,000 $322,000 $392,000
2015 $1,660 $64,414 $19,149 $45,265
2014 $1,696 $63,153 $18,774 $44,379
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15143226

California Regional Multiple Listing Service (CRMLS)

APN: 7103-024-021

Your Personal Tour Guide

Ask me questions while you tour the home.