$825,000
●
Multifamily -
Off Market
15706 Passage Avenue
Paramount, CA 90723
Studio
0 Bath
$1,232,329
RealtyHop Estimate
54.43%
Since Jan 1, 2018
CA-Los Angeles
Primary Model
About This Property
Looking for your first rental property? need a replacement property
to complete a 1031 exchange? or looking to occupy one unit and take
advantage of the supplemental income of the 3 other units. Prime
rental area in the City of Paramount, no rent control. All units
have a one car garage and a common laundry area. All units are in
good conditions. This property will not last!
Unit Size
-
Days on Market
124 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1963
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #MB17184252)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2017 | Sold | ||
| Sold | |||
| Aug 9, 2017 | Listed by CENTURY 21 REALTY MASTERS | $798,000 | |
| Listed by CENTURY 21 REALTY MASTERS | |||
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Garage, DoorSingle
Garage Spaces: 4
Interior Details
Laundry Features: Laundry Room
Exterior Details
Has Property Attached
Year Built Source: Assessor
Year Built: 1963
Building Area Total: 3358
Levels: Two
Building Area Units: Square Feet
Pool Features: None
Lot Size Area: 7079
Lot Size Units: Square Feet
Lot Size Acres: 0.163
Lot Size Square Feet: 7079
Tax Lot: 12
Water Source: Public, Private
Utilities Details
Sewer : Unknown
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/09/2017
| |
Studio
|
-
|
-
|
$798,000
Studio
-
|
$825,000
+3.38%
12/11/2017
|
FABIAN GARCIA
CENTURY 21 REALTY MASTERS
|
Building Info
About Paramount
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Listed by: FABIAN GARCIA, CENTURY 21 REALTY MASTERS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MB17184252
Last Updated: 5 months ago
Data Source: CRMLS, MLS# MB17184252
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