Sold for $1,760,000

Listed by: First Team Real Estate • Kate Olivas • Contact: 714-392-5716

Bought with: Century 21 Allstars

$1,760,000

14048 McClure Ave, Paramount, CA 90723

11beds

7baths

5,394sqft

Mixed Use

Built in 1963

-- sqft lot

$-- Zestimate^®

$326/sqft

$2,391 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,391/mo

Zestimate^® history

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$11,157/mo

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$11,157/mo

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What's special

Private laundry

Incredible investment opportunity in this Prime Paramount location. This 5 unit property with 6th unit option and ADU possibility exudes potential. The front 3 bed/ 2 bath home has been remodeled and is ready for top dollar rental income. There is a large studio/den (6th unit) that is also newly refreshed and vacant. 4 other units are currently occupied and include private laundry and garages. An additional private 2 car garage can be additional income or ADU conversion (7th unit possibility). The roof is approx 7-10 years old and the entire exterior was just newly painted. Tenants pay electricity and gas, with separate meters for each unit. Prime location near freeways, Downtown, Orange County, shopping, dining and schools. Don't miss this gem!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 7

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Heating

Fireplace(s), Wall Furnace

Cooling

None

Appliances

Laundry: Washer Hookup, Laundry Room

Features

Ceiling Fan(s), All Bedrooms Down
Flooring: Carpet, Laminate
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 1 Common Wall,End Unit

Interior area

Total structure area: 5,394
Total interior livable area: 5,394 sqft

Property

Parking

Total spaces: 6
Parking features: Garage
Garage spaces: 6

Features

Levels: One
Stories: 1
Entry location: 1
Exterior features: Rain Gutters
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 0.4 Acres
Features: Front Yard

Details

Parcel number: 6242034018
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Roof: Composition

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Paramount

Financial & listing details

Price per square foot: $326/sqft
Tax assessed value: $132,326
Annual tax amount: $4,333
Date on market: 5/1/2025
Cumulative days on market: 32 days
Listing terms: Cash,Conventional
Total actual rent: 5665
Tenant pays: Electricity, Gas

Price history

Date	Event	Price
8/1/2025	Sold	$1,760,000-2.2%$326/sqft
Source: CRMLS #OC24112685 Report a problem
7/1/2025	Pending sale	$1,800,000$334/sqft
Source: CRMLS #OC24112685 Report a problem
6/4/2025	Contingent	$1,800,000$334/sqft
Source: CRMLS #OC24112685 Report a problem
5/1/2025	Listed for sale	$1,800,000$334/sqft
Source: CRMLS #OC24112685 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,333 +12.7%	$132,326 +2%
2024	$3,843 +1.2%	$129,733 +2%
2023	$3,798 +1.8%	$127,190 +2%
2022	$3,732 +2.4%	$124,697 +2%
2021	$3,643 +1.2%	$122,253 +1%
2020	$3,600	$121,000 +2%
2019	$3,600 +13.6%	$118,629 +2%
2018	$3,169	$116,303 +2%
2017	$3,169 +3.6%	$114,024 +2%
2016	$3,060 +6.8%	$111,789 +1.5%
2015	$2,864 +1.2%	$110,111 +2%
2014	$2,830	$107,955 +5.3%
2010	--	$102,526 +5.9%
2005	--	$96,845 +4%
2004	--	$93,086 +3.9%
2002	--	$89,590