Seller's Agent in 2019
Cesar Gonzalez
Real Estate Source, Inc.
(562) 787-8770
12 Total Sales
16437 California Ave Unit 5 Paramount, CA 90723
Paramount Area
13
Beds
9
Baths
4,910
Sq Ft
7,502
Sq Ft Lot
About This Home
As of September 2019Calling all investors! This is a great opportunity for a multifamily investment with upside potential. These units are located in a great area in Paramount! Properties includes front house with 3 bedrooms 2 baths. There are 4 units in the back, 3 units have 3 bedrooms and 2 baths and 1 unit has 1bedroom 1bath! All units are very spacious and in fair conditions. Each unit comes with a one car garage and separate meters. There is an onsite laundry facility for additional income. There is very low maintenance needed for these units! This is a must see!
Last Agent to Sell the Property
Real Estate Source, Inc. License #01358685 Listed on: 05/01/2019
Co-Listed By
Gerry Sykes
Realty One Group Diamond License #00854379
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 7,502 Sq Ft Lot
- Two or More Common Walls
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 4,910 Sq Ft Home
- 2-Story Property
- Laundry Located Outside
Bedrooms and Bathrooms
- 13 Bedrooms
- 9 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 7103024016
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $120
- Fuel Expense $830
- Insurance Expense $3,250
- Trash Expense $830
- Water Sewer Expense $830
- New Taxes Expense $18,437
- Operating Expense $24,297
- Net Operating Income $63,426
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
May 1, 2019
Closed on
Aug 12, 2019
Sold by
Bought by
Seller's Agent
Cesar Gonzalez
Real Estate Source, Inc.
Buyer's Agent
Juanita Urzua
Century 21 Jervis & Associates
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
0.037%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 12, 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
$467,000
Interest Rate
0.0588%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 27, 1999
Sold by
Bought by
Purchase Details
Closed on
Oct 27, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 13, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,300,000 | Lawyers Title Company | ||
| -- | None Available | ||
| $637,000 | -- | ||
| $245,000 | North American Title Co | ||
| $195,000 | Southland Title | ||
| $166,000 | Commonwealth Land Title Co |
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 | $920,000 | ||
| Closed | $910,000 | ||
| Previous Owner | $465,000 | ||
| Previous Owner | $445,000 | ||
| Previous Owner | $455,000 | ||
| Previous Owner | $467,000 |
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 |
|---|---|---|---|---|
| 09/16/2019 09/16/19 | Sold | $1,300,000 | -3.7% | $265 / Sq Ft |
| 08/08/2019 08/08/19 | Pending | -- | -- | -- |
| 08/06/2019 08/06/19 | For Sale | $1,350,000 | 0.0% | $275 / Sq Ft |
| 06/27/2019 06/27/19 | Pending | -- | -- | -- |
| 06/13/2019 06/13/19 | Price Changed | $1,350,000 | -8.5% | $275 / Sq Ft |
| 05/01/2019 05/01/19 | For Sale | $1,475,000 | -- | $300 / 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 | $19,823 | $1,421,734 | $568,693 | $853,041 |
| 2024 | $19,078 | $1,393,858 | $557,543 | $836,315 |
| 2023 | $18,732 | $1,366,528 | $546,611 | $819,917 |
| 2022 | $18,249 | $1,339,735 | $535,894 | $803,841 |
| 2021 | $17,832 | $1,313,467 | $525,387 | $788,080 |
| 2020 | $17,458 | $1,300,720 | $520,000 | $780,720 |
| 2019 | $12,409 | $812,601 | $254,905 | $557,696 |
| 2018 | $11,662 | $796,682 | $249,907 | $546,775 |
| 2016 | $10,429 | $765,055 | $240,203 | $524,852 |
| 2015 | $9,871 | $753,564 | $236,595 | $516,969 |
| 2014 | $10,099 | $738,804 | $231,961 | $506,843 |
Source: Public Records
Agents Affiliated with this Home
-
Cesar Gonzalez
-
G
Seller Co-Listing Agent in 2019
Gerry Sykes
Realty One Group Diamond
-
Juanita Urzua
J
Buyer's Agent in 2019
Juanita Urzua
Century 21 Jervis & Associates
(562) 862-2226
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19099487
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.
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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