16448 Georgia Ave Paramount, CA 90723

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7 beds · 6 baths · 3,489 sq ft · Lot Size: 7,503 sq ft · Multi-Family Home (2 - 4 units)

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16448 Georgia Ave is in the 90723 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. Analyze and compare real estate investment strategies for properties like this home at 16448 Georgia Ave Paramount, CA 90723 with Property Intel by Whitepages.

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) ***-****View Cell Phone
Residence**********
Landline(562) 861-0858
Distance from Property**********
Email Address*************@gmail.comView Email

Occupancy

Resident 1***********
Resident 2*******************
Resident 3*********** age 31
Resident 4*****************
Resident 5******************** age 52
Resident 6******************
Resident 7***************** age 53
Resident 8**************
Resident 9**************
Resident 10*********** age 79

Property Financials for 16448 Georgia Ave

16448 Georgia Ave, Paramount, CA has a mortgage from Great Wstrn Bk Fsb (orig. March 31, 1987). Los Angeles county annual taxes are $5,830.

Mortgage Information

Loan Amount$*****
LenderGreat Wstrn Bk Fsb
Origination DateMarch 31, 1987
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$*
Due Date**************

Property Tax

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

Investment Potential for 16448 Georgia Ave

Discover more Multi-Family Home (2 - 4 units)s in 90723.

Long-Term

Gross Rental
$43,200 per year($3,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Property Details for 16448 Georgia Ave

Property Details

Property Sq Ft

Living Area

3,489 sq ft

62% above market

Lot Size

7,503 sq ft

3% above market

Property condition, age, exterior, etc. for 16448 Geor…
Longitude: -118.155668 Latitude: 33.884026 Parcel Number (APN): 7103-021-011…

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Discover more multi-family homes near 16448 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 16448 Georgia Ave in Los Angeles County to the median in the zip code 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
2,386 sq ft
1103 (46%)
$ Per Living Sq Ft
Lot Size
7,503 sq ft
6,741 sq ft
762 (11%)
$ Per Lot Sq Ft

Net Operating Income
$25,951
$5,587 (22%)
Annual Revenue
$43,200
$44,400
-$1,200 (-3%)
$15,760
-$4,098 (-26%)
Net Operating Income
$25,951
$5,587 (22%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 7-Bed Multi-Family Home (2 - 4 units) Medians

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