NOT LISTED FOR SALE

16844 Passage Ave Paramount, CA 90723

36 Beds
18 Baths
16,162 Sq Ft
23,050 Sq Ft

Last Sold November 10, 2014

Last sale price $3,000,000 $186 Per Sq Ft

34 Days on Market

About This Home

As of November 2014

We are pleased to present for sale 18 spacious 2 Bedroom 1 Bath units in the city of Paramount. The units are an average of 900 square feet each. The property consists of 3 separate structures on a 23,049 square foot lot. THE CURRENT LOAN WITH CHASE BANK ($1,837,500) MUST BE ASSUMED AND OFFERS A BUYER 4.11% INTEREST RATE UNTIL SEPTEMBER OF 2018.CONTACT LISTING AGENT FOR DETAILS AND A FULL MARKETING PACKAGE. DRIVE BY ONLY. TENANTS ARE NOT AWARE OF THE SALE.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 06/24/2014

Last Buyer's Agent

NORMAN YU CHANG

License #00970183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.53

Parking

  • 5 Car Garage

Interior Spaces

  • 16,162 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 18 Bathrooms

Additional Features

  • 0.53 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 7107-009-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.53 Acres

Parking

5

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 16162
  • Manager Expense: 6000.00
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 36
  • Total Bathrooms: 18.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 185.62

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking: 23
  • Garage Structures: 5
  • Parking Garage: Covered Parking, Garage
  • Total Parking: 23

Utilities

  • Electric Expense: 1440.00
  • Heating: Wall
  • Water Expense: 3669.00

Fee Information

  • Gas Expense: 900.00
  • Insurance Expense: 6228.00
  • Maintenance Expense: 12659.00
  • Trash Expense: 5652.00

Lot Info

  • Assessed Improvement Value: 1893529
  • Assessed Land Value: 738936
  • Assessor Parcel Number: 7107-009-018
  • Geocode Override: No
  • Lot Size Area: 23050

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.49
  • Number Of Units: 18
  • Rent Control: 0%
  • Type Of Units: APT

Tax Info

  • Tax Expense: 41784.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $3,000,000 0.0% $186 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $3,000,000 -- $186 / Sq Ft
Source: The MLS

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 $48,263 $3,605,541 $1,261,938 $2,343,603
2024 $48,263 $3,534,845 $1,237,195 $2,297,650
2023 $47,388 $3,465,536 $1,212,937 $2,252,599
2022 $46,166 $3,397,585 $1,189,154 $2,208,431
2021 $45,083 $3,330,967 $1,165,838 $2,165,129
2019 $46,215 $3,232,170 $1,131,259 $2,100,911
2018 $43,183 $3,168,795 $1,109,078 $2,059,717
2016 $38,738 $3,045,749 $1,066,012 $1,979,737
2015 $36,546 $3,000,000 $1,050,000 $1,950,000
2014 -- $2,450,000 $860,000 $1,590,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2014

    NORMAN YU CHANG

See All Agents

Map

Source: The MLS

MLS Number: 14-772533

The MLS
California Los Angeles County Paramount 90706

16844 Passage Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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