Owners & Occupancy for 7311 Cortland Ave

No contact information is available.

Number of Residents

4

Occupancy

Resident 1	************** age 60
Resident 2	*************** age 37
Resident 3	************** age 47
Resident 4	********************* age 57

Property Financials for 7311 Cortland Ave

7311 Cortland Ave, Paramount, CA has a mortgage (orig. May 26, 2004). The Los Angeles county assessment for 2024 values it at $1,151,370, with annual taxes of $7,219.

Mortgage & Equity Information

Loan Amount	$******
Origination Date	May 26, 2004
Interest Rate	****%
Term	30 Years
Rate Type	Adjustable
Est Balance	$********
Due Date	*************
Equity	View Equity

View All Mortgage Info

Property Tax

Property Tax Amount	$7,219 in 2023
Assessed Value	$1,151,370 on 2024

Investment Potential for 7311 Cortland Ave

The property has a current estimated value of $612,930, which is 10% below the zip median. Projected long-term rental income is $44,400 annually ($3,700 per month) with a 96% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$613K

($585K - $639K)

10% below zip median

Discover more Single Family Homes in 90723.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$44,400 per year($3,700 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

96%in 90723 zip code

View Rental Potential

Property Details for 7311 Cortland Ave

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$******

View Equity

Property Age

46 years

(Remodeled 1979)

24 years newer than zip median

Property Details

Property Sq Ft

Living Area

1,643 sq ft

28% above market

Lot Size

5,862 sq ft

10% above market

Price Per Sq Ft

Living Area

$373 / sq ft

30% below market

Lot Size Area

$105 / sq ft

16% below market

Property Information

Property condition, age, exterior, etc. for 7311 Cortl…

Land & Location Information

Longitude: -118.172838 Latitude: 33.913872 Parcel Number (APN): 6236-015-013…

Recommended Properties in 90723

Discover more single family homes near 7311 Cortland 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.

Neighborhood Appreciation Outlook
$708K - $773K
Est. Value
15144 Virginia Ave, Paramount, CA 90723
3 beds · 2 baths · 1,036 sq ft · Built: 1959
High Demand Long-Term Rental
$352K - $374K
Est. Value
16211 Downey Ave 89, Paramount, CA 90723
1 beds · 1 baths · 750 sq ft · Last Sold: $391,000 in 2021 · Built: 1981
Owned for 15 - 25 Years
$711K - $802K
Est. Value
8020 Howe St, Paramount, CA 90723
4 beds · 2 baths · 1,924 sq ft · Last Sold: $133,000 in 2001 · Built: 1946
Owner Age 55 - 65
$564K - $614K
Est. Value
7036 San Marcus St, Paramount, CA 90723
2 beds · 1 baths · 900 sq ft · Built: 1951
Owned for 15 - 25 Years
$769K - $831K
Est. Value
6522 San Juan St, Paramount, CA 90723
6 beds · 4 baths · 2,040 sq ft · Last Sold: $285,000 in 2010 · Built: 1963
Owned for 5 - 10 Years
$443K - $469K
Est. Value
15311 Gundry Ave 3, Paramount, CA 90723
2 beds · 3 baths · 905 sq ft · Last Sold: $325,000 in 2019 · Built: 1989
Large Lot Advantage
$750K - $829K
Est. Value
6733 72nd St, Paramount, CA 90723
2 beds · 2 baths · 1,440 sq ft · Built: 1957
High Demand Long-Term Rental
$601K - $661K
Est. Value
8334 Elburg St, Paramount, CA 90723
3 beds · 2 baths · 990 sq ft · Last Sold: $315,000 in 2015 · Built: 1955
Owner Age Above 75
$716K - $795K
Est. Value
15520 Bixler Ave, Paramount, CA 90723
3 beds · 2 baths · 1,662 sq ft · Built: 1959
Owned for Less Than 5 Years
$633K - $720K
Est. Value
15353 Manzana Ave, Paramount, CA 90723
3 beds · 1 baths · 1,000 sq ft · Last Sold: $480,000 in 2022 · Built: 1962
Owner Age 65 - 75
$652K - $705K
Est. Value
8048 Harrison St, Paramount, CA 90723
2 beds · 2 baths · 1,300 sq ft · Built: 1959
Owned for Less Than 5 Years
$645K - $719K
Est. Value
14137 Orizaba Ave, Paramount, CA 90723
3 beds · 2 baths · 1,363 sq ft · Last Sold: $600,000 in 2022 · Built: 1947
Owned for 10 - 15 Years
$637K - $708K
Est. Value
15723 Aravaca Dr, Paramount, CA 90723
3 beds · 2 baths · 1,435 sq ft · Last Sold: $265,000 in 2010 · Built: 1958
Owned for Less Than 5 Years
$677K - $718K
Est. Value
15707 Pitts Ave, Paramount, CA 90723
3 beds · 2 baths · 1,200 sq ft · Last Sold: $497,500 in 2020 · Built: 1956
Owner Age 35 - 45
$495K - $545K
Est. Value
8418 Jackson St, Paramount, CA 90723
2 beds · 1 baths · 792 sq ft · Last Sold: $385,000 in 2005 · Built: 1947
Valued above Market Median
$1.02M - $1.12M
Est. Value
16313 Rancho Portillo Rd, Paramount, CA 90723
4 beds · 3 baths · 2,061 sq ft · Last Sold: $631,500 in 2017 · Built: 2018
Owned for 10 - 15 Years
$579K - $643K
Est. Value
13652 Racine Ave, Paramount, CA 90723
2 beds · 1 baths · 1,377 sq ft · Last Sold: $325,000 in 2013 · Built: 1943
Owned for 15 - 25 Years
$583K - $626K
Est. Value
6601 72nd St, Paramount, CA 90723
3 beds · 1 baths · 864 sq ft · Last Sold: $158,000 in 2001 · Built: 1952
High Demand Long-Term Rental
$546K - $594K
Est. Value
15311 Colorado Ave, Paramount, CA 90723
4 beds · 2 baths · 1,724 sq ft · Last Sold: $595,000 in 2022 · Built: 1957
Owned for 15 - 25 Years
$433K - $463K
Est. Value
14819 Downey Ave 138, Paramount, CA 90723
2 beds · 2 baths · 968 sq ft · Last Sold: $305,000 in 2006 · Built: 1988

Market Benchmarks

Compare data for 7311 Cortland Ave in Los Angeles County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$612,930

$677,580

-$64,650 (-10%)

$639,752

-$26,822 (-4%)

—

YoY Price Change

****%

1.38%

306%

Year Built

1979

1955

24 years

1971

8 years

Living Space

1,643 sq ft

1,288 sq ft

355 (28%)

1,519 sq ft

124 (8%)

$ Per Living Sq Ft

$373

$530

-$157 (-30%)

$420

-$47 (-11%)

Lot Size

5,862 sq ft

5,352.5 sq ft

510 (10%)

7,020 sq ft

-1158 (-16%)

$ Per Lot Sq Ft

$105

$124

-$19 (-16%)

$88

$16 (18%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$26,724

$62 (0%)

Annual Revenue

$44,400

$45,000

-$600 (-1%)

$44,400

$0 (0%)

$*****

$*******

$**** (****%)

$14,609

$3,005 (21%)

Net Operating Income

$*****

$***** (****%)

$26,724

$62 (0%)

Cap Rate

****%

—

4.21%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	1979
Building Sq Ft	1,643 sq ft
Lot Size	0 Acres
Living Space	1,643 sq ft
Heating / Fuel	Central
Air Conditioning	Central A/C
Roof Covering	Composition Shingle

APN	6236-015-013
Census Tract	5536012001
Municipality	Paramount
County	Los Angeles
Subdivision	9706
Zoning	PAR1
Neighborhood	90723
Longitude / Latitude	-118.172838 / 33.913872
Lot Size	5,862 sq ft

Est. Value	$612,930
Price / Sq Ft	$373
Est. Rent/mo	$3,700
Occupancy	N/A
Equity	$****/**%

7311 Cortland Ave Paramount, CA 90723

property value

$612,930

market valuation

$677,580

market valuation

$676,643

investment intelligence

Owners & Occupancy for 7311 Cortland Ave

Number of Residents

4

Occupancy

Property Financials for 7311 Cortland Ave

Mortgage & Equity Information

Property Tax

Investment Potential for 7311 Cortland Ave

property appreciation

property value

$613K

($585K - $639K)

rental income

operating expenses

Property Details for 7311 Cortland Ave

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

46 years

(Remodeled 1979)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 90723

$708K - $773K

Est. Value

15144 Virginia Ave, Paramount, CA 90723

3 beds · 2 baths · 1,036 sq ft · Built: 1959

$352K - $374K

Est. Value

16211 Downey Ave 89, Paramount, CA 90723

1 beds · 1 baths · 750 sq ft · Last Sold: $391,000 in 2021 · Built: 1981

$711K - $802K

Est. Value

8020 Howe St, Paramount, CA 90723

4 beds · 2 baths · 1,924 sq ft · Last Sold: $133,000 in 2001 · Built: 1946

$564K - $614K

Est. Value

7036 San Marcus St, Paramount, CA 90723

2 beds · 1 baths · 900 sq ft · Built: 1951

$769K - $831K

Est. Value

6522 San Juan St, Paramount, CA 90723

6 beds · 4 baths · 2,040 sq ft · Last Sold: $285,000 in 2010 · Built: 1963

$443K - $469K

Est. Value

15311 Gundry Ave 3, Paramount, CA 90723

2 beds · 3 baths · 905 sq ft · Last Sold: $325,000 in 2019 · Built: 1989

$750K - $829K

Est. Value

6733 72nd St, Paramount, CA 90723

2 beds · 2 baths · 1,440 sq ft · Built: 1957

$601K - $661K

Est. Value

8334 Elburg St, Paramount, CA 90723

3 beds · 2 baths · 990 sq ft · Last Sold: $315,000 in 2015 · Built: 1955

$716K - $795K

Est. Value

15520 Bixler Ave, Paramount, CA 90723

3 beds · 2 baths · 1,662 sq ft · Built: 1959

$633K - $720K

Est. Value

15353 Manzana Ave, Paramount, CA 90723

3 beds · 1 baths · 1,000 sq ft · Last Sold: $480,000 in 2022 · Built: 1962

$652K - $705K