16675 Paramount Blvd Paramount, CA 90723

$1,330,000 Sold Price as of 01/08/2018

-- Beds
-- Baths
1,464 Sq.Ft.

Off Market

$1,330,000 Sold Price as of 01/08/2018 Refinance Your Mortgage

Map preview of 16675 Paramount Blvd, Paramount, CA 90723

Property Overview: 16675 Paramount Blvd Paramount, CA has -- bedrooms, -- bathrooms, 1,464 living square feet and 8,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

16675 Paramount Blvd is currently an off market home in the city of Paramount. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Paramount has a median list price of $589,000. The median price per/sqft for Paramount is $556. With those numbers in mind, if you are looking to purchase a median priced home in Paramount, CA and put 20% down you will need to save up $117,800 for the down payment and will need roughly $11,780 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Paramount the commission could be as much as $26,400. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 16675 Paramount Blvd

Last sold for $1,330,000 on January 8th, 2018

January, 2024
Jan 1, 2024

Date

Expired

CRMLS: 23332393

$2,200,000

Price
Nov 16, 2023

Date

Active

CRMLS: 23332393

$2,200,000

Price
Listing provided courtesy of CRMLS

The property is on a corner lot, with alley access as well. Can develop affordable housing, senior living, mixed-use, etc. (Buyer to verify). Located on a major thoroughfare close to 710, 105, and 91 freeways.

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January, 2018
Jan 8, 2018

Date

Sold (Public Records)

Public Records

$1,330,000

Price
August, 2017
Aug 23, 2017

Date

Canceled

CRMLS: PW17047772

$1,485,880

Price
Aug 4, 2017

Date

Hold

CRMLS: PW17047772

$1,485,880

Price
Mar 14, 2017

Date

Active

CRMLS: PW17047772

$1,485,880

Price
Listing provided courtesy of CRMLS

PRIME INVESTMENT OPPORTUNITY IN PARAMOUNT! 16675 & 16683 PARAMOUNT BLVD. ARE BE SOLD TOGETHER. THE TOTAL SQ. FT. FOR ALL PARCELS IS: 13508 SQ. FT. Ideal corner location. Offering price includes (3) separate parcels with (2) separate established businesses. The property offers a great opportunity to enjoy the current rental income while giving an investor an excellent future re-positioning opportunity. If a buyer wanted to tear down the structures and build another, there are numerous alternatives for approved uses on this lot. The City of Paramount is very cooperative towards new developments. The City is expanding their redevelopment goals and is willing to sit and talk to you about your plans. The City of Paramount is excited to work with you to expedite the opening, expansion, or relocation of your business. They know your time is valuable, which is why they have gathered information on available locations throughout the City. They encourage you to verify all information. This property also enjoys exposure to over thousands of cars a day on Paramount Blvd., and is zoned C-3, which allows for a wide range of commercial uses. This building presents an opportunity for an owner-user as the buildings can be vacated in a relatively short time. This is an excellent location for a variety of businesses. The buyer should verify zoning & allowed uses to their satisfaction. Alley access to site from rear of buildings. EPA Phase I & Phase II have been completed.

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May, 2013
May 14, 2013

Date

Sold (Public Records)

Public Records

$320,000

Price

Tax History for 16675 Paramount Blvd

Assessed Value (2020): $845,845

Year	Land Value	Improved Value	Assessed Value
2020	$769,896	$75,949	$845,845

About 16675 Paramount Blvd

Detailed summary of property

16675 Paramount Blvd is categorized with a use code of Auto Repair (& Related), Garage in Paramount, CA 90723 and last sold on January 8, 2018 for $1,330,000. This property has -- bedrooms, -- bathrooms, roughly 1,464 living square feet, and sits on an approximately 8,501 square foot lot. Homes in Paramount are selling for a median price of $528,000 and a median price per square foot of $498. Based on Ardent Real Estate Group's Paramount Market Data, this home is sold 151.89% higher than the current median priced home. 16675 Paramount Blvd was last sold on January 8, 2018 for $1,330,000. Local nearby listings include 1008 E 67th St, 6044 Hayter Ave and 1909 E 59th St. The average home in Paramount, CA is selling in 45 days. There are currently 29 homes for sale in the Paramount real estate market and 18 of them are single family homes while 9 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 16675 Paramount Blvd Paramount, CA 90723 contact Ardent Real Estate Group and we will put you in touch with one of our Paramount agents.

Public Facts for 16675 Paramount Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1950
Sq. Ft.: 1,464
Lot Size: 8,501
Stories: 1

Type: Auto Repair (& Related), Garage
Pool: No
Spa: No
County: Los Angeles
Lot#: 137,138
APN: 7102-031-020

The source for these homes facts are from public records.

90723 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$589,000

Median List Price/Sq.Ft.

$556

Median Sold Price

$528,000

Median Sold Price/Sq.Ft.

$498

Total Inventory

Median Sale to List Price %

97.78%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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