16448 Georgia Ave Paramount, CA 90723

7 beds · 6 baths · 3,489 sq ft · Lot Size: 7,503 sq ft · Multi-Family Home (2 - 4 units) · Paramount
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16448 Georgia Ave is in the Paramount neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Multi-Family Home (2 - 4 units) was built in 1939 and is approximately 86 years old. The multi-family home (2 - 4 units) spans 3489 sq ft with 7 bedrooms and 6 bathrooms and sits on a 7503 sq ft lot. According to public records, it was sold for $215,000. The Paramount area of Paramount has 1003 residential homes. Analyze and compare real estate investment strategies for properties like this home at 16448 Georgia Ave Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 16448 Georgia Ave

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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Owners & Occupancy for 16448 Georgia Ave

This property is owned by Idalia N Perales. Owner contact information includes 9 phone numbers and 1 email address.

Property Owners

Cell Phone(562) ***-****
Residence**********
Landline(562) 923-5389+ 3 more
Distance from Property**********
Email Address*************@gmail.com

Property Ownership Information

Property Tax Amount$5,830 in 2023
Purchase Price$215,000

Occupancy

Resident 1******************** age 52
Resident 2*********** age 79
Resident 3***************** age 53
Resident 4**************
Resident 5******************
Resident 6***********
Resident 7*********** age 31
Resident 8**************
Resident 9*******************

Property Details for 16448 Georgia Ave

Property Details

Property Sq Ft

Living Area

3,489 sq ft

Compare to undefined

Lot Size

7,503 sq ft

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Property condition, age, exterior, etc. for 16448 Geor…
Longitude: -118.155668 Latitude: 33.884026 Parcel Number (APN): 7103-021-011…
Mortgage originated on through lender: Great Wstrn Bk Fsb for$*****View Mortgage Details
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Market Benchmarks

Compare data for 16448 Georgia Ave in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
YoY Price Change
1.19%
-49%
Year Built
1939
1949
-10 years
Living Space
3,489 sq ft
2,385 sq ft
1104 (46%)
$ Per Living Sq Ft
Lot Size
7,503 sq ft
6,741 sq ft
762 (11%)
$ Per Lot Sq Ft

Net Operating Income
$28,476
$5,657 (20%)
Annual Revenue
$46,200
$45,600
$600 (1%)
$15,443
-$3,376 (-22%)
Net Operating Income
$28,476
$5,657 (20%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 7-Bed Multi-Family Home (2 - 4 units) Medians