16243 Georgia Ave Paramount, CA 90723

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2 beds · 1 bath · 1,720 sq ft · Lot Size: 7,502 sq ft · Single Family Home
Est. Property Value: $740,954

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16243 Georgia Ave is in the 90723 neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Single Family Home was built in 1938 and is approximately 87 years old. The single family home spans 1720 sq ft with 2 bedrooms and 1 bathroom and sits on a 7502 sq ft lot. According to public records, it was last sold in 2023 for $675,000 and has a tax-assessed value of $598,500, which is $431 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 16243 Georgia Ave Paramount, CA 90723 with Property Intel by Whitepages.

Owners & Occupancy for 16243 Georgia Ave

This property is owned by Maria N Baltodano. Owner contact information includes 10 phone numbers and 4 email addresses.

Property Owners

Cell Phone(661) ***-****View Cell Phone
Residence*************
Landline(323) 780-3796
Distance from Property**********
Email Address************@hotmail.comView Email
Cell Phone(310) ***-****View Cell Phone
Residence*************
Landline(213) 388-4369
Distance from Property**********
Email Address***************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 46
Resident 2****************** age 47
Resident 3*************
Resident 4**************** age 72
Resident 5***************** age 67
Resident 6**********
Resident 7************

Property Financials for 16243 Georgia Ave

16243 Georgia Ave, Paramount, CA has a mortgage from Genhome Mtg Corp (orig. September 11, 2023). The Los Angeles county assessment for 2024 values it at $598,500, with annual taxes of $4,929.

Mortgage & Equity Information

Loan Amount$******
LenderGenhome Mtg Corp
Origination DateSeptember 11, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateAugust 01, 2023
Property Tax Amount$4,929 in 2023
Purchase Price$675,000
Assessed Value$598,500 on 2024

Investment Potential for 16243 Georgia Ave

The property has a current estimated value of $740,954, which is 28% above the zip median, based on public records. It last sold on August 01, 2023 for $675K. Projected long-term
is $46,200 annually ($3,850 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 90723.

Long-Term

Gross Rental
$46,200 per year($3,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Property Details for 16243 Georgia Ave

Property Details

Property Sq Ft

Living Area

1,720 sq ft

101% above market

Lot Size

7,502 sq ft

46% above market

Price Per Sq Ft

Living Area

$431 / sq ft

36% below market

Lot Size Area

$99 / sq ft

13% below market

Property condition, age, exterior, etc. for 16243 Geor…
Longitude: -118.156439 Latitude: 33.886032 Parcel Number (APN): 7103-013-018…

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Discover more single family homes near 16243 Georgia Ave in Paramount, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 16243 Georgia Ave in Los Angeles County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$740,954
$537,632
$203,321 (38%)
YoY Price Change
1.67%
-112%
Year Built
1938
1952
-14 years
Living Space
1,720 sq ft
1,134 sq ft
586 (52%)
$ Per Living Sq Ft
$431
$472
-$41 (-9%)
Lot Size
7,502 sq ft
6,300 sq ft
1202 (19%)
$ Per Lot Sq Ft
$99
$88
$11 (12%)

Net Operating Income
$29,277
$437 (1%)
Annual Revenue
$46,200
$45,600
$600 (1%)
$12,843
$3,643 (28%)
Net Operating Income
$29,277
$437 (1%)
Cap Rate
5.07%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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