15000 Downey Ave 105 Paramount, CA 90723

Get Owner Info
1 bed · 1 bath · 624 sq ft · Lot Size: 152,602 sq ft · Residential Condominium
Est. Property Value: $360,184

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

15000 Downey Ave 105 is in the 90723 neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Residential Condominium was built in 1991 and is approximately 34 years old. The residential condominium spans 624 sq ft with 1 bedroom and 1 bathroom and sits on a 152602 sq ft lot. According to public records, it was last sold in 2019 for $275,000 and has a tax-assessed value of $309,600, which is $577 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 15000 Downey Ave 105 Paramount, CA 90723 with Property Intel by Whitepages.

Owners & Occupancy for 15000 Downey Ave 105

This property is owned by Darryl L Smith. Owner contact information includes 8 phone numbers and 2 email addresses.

Property Owners

Cell Phone(412) ***-****View Cell Phone
Residence**************
Landline(843) 572-5651
Distance from Property**********
Email Address********@aol.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 15000 Downey Ave 105

15000 Downey Ave 105, Paramount, CA has a mortgage from American Pacific Mtg Corp (orig. April 26, 2021). The Los Angeles county assessment for 2024 values it at $309,600, with annual taxes of $3,891.

Mortgage & Equity Information

Loan Amount$******
LenderAmerican Pacific Mtg Corp
Origination DateApril 26, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateOctober 03, 2019
Property Tax Amount$3,891 in 2023
Purchase Price$275,000
Assessed Value$309,600 on 2024

Investment Potential for 15000 Downey Ave 105

The property has a current estimated value of $360,184, which is 1% below the zip median, based on public records. It last sold on October 03, 2019 for $275K. Projected long-term
is $45,000 annually ($3,750 per month) with a 96% occupancy rate.

Discover more Residential Condominiums in 90723.

Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
View Rental Potential

Property Details for 15000 Downey Ave 105

Property Details

Property Sq Ft

Living Area

624 sq ft

6% below market

Lot Size

152,602 sq ft

0% above market

Price Per Sq Ft

Living Area

$577 / sq ft

1% above market

Lot Size Area

$2 / sq ft

0% above market

Property condition, age, exterior, etc. for 15000 Down…
Longitude: -118.150469 Latitude: 33.897049 Parcel Number (APN): 6268-006-061…

Recommended Properties in 90723

Discover more residential condominiums near 15000 Downey Ave 105 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 15000 Downey Ave 105 in Los Angeles County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$360,184
$457,087
-$96,904 (-21%)
$644,236
-$265,473 (-41%)
YoY Price Change
1%
804%
Year Built
1991
1980
11 years
Living Space
624 sq ft
730 sq ft
-106 (-15%)
$ Per Living Sq Ft
$577
$611
-$34 (-6%)
Lot Size
152,602 sq ft
40,074 sq ft
112528 (281%)
$ Per Lot Sq Ft
$2
$13
-$11 (-82%)

Net Operating Income
$30,529
$1,919 (6%)
Annual Revenue
$45,000
$45,600
-$600 (-1%)
$12,486
$66 (1%)
Net Operating Income
$30,529
$1,919 (6%)
Cap Rate
6.59%
Home Value Comparison: Property vs. Local and Regional 1-Bed Residential Condominium Medians

Find More Housing Markets Near Paramount

Nearby Cities