NOT LISTED FOR SALE

16844 Passage Ave Paramount, CA 90723

36 Beds
18 Baths
16,162 Sq Ft
0.53 Acres

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

Remax Commercial and Investment Realty

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

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

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

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 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 $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

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 MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes