NOT LISTED FOR SALE

14121 Mcclure Ave Paramount, CA 90723

Estimated Value: $1,135,000 - $1,194,000

5 Beds
4 Baths
2,235 Sq Ft
$526/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $600,000 $268 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,954/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of September 2020

WOW~~GREAT OPPORTUNITY~~this Hidden Gem, duplex consist of 2 separate units each with their own attached parking, check with city but you may be able to get ADU on this as well, area is close to all shopping and close to freeways, property in front is a 2 bedroom 1 bathroom, real unit is a 3 bedroom 3 bathroom fully upgraded, property has a good yard size, long drive way and parking space, property private gate.

Last Agent to Sell the Property

Evan Garcia

EXCELLENCE RE REAL ESTATE License #01718402 Listed on: 08/27/2020

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Evan Garcia

EXCELLENCE RE REAL ESTATE License #01718402 Listed on: 08/27/2020

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 8,197 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,235 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for gas, parking fee, sewer, trash collection, water
  • Tax Lot 77
  • Tax Tract Number 5792
  • Assessor Parcel Number 6242026001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $120
  • Trash Expense $132
  • Water Sewer Expense $200
  • New Taxes Expense $625
  • Operating Expense $16,524
  • Gross Income $1,000
  • Net Operating Income $49,949

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: PARM*
  • Property Type: Residential Income
  • Parcel Number: 6242026001
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 268.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 132.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8197.00
  • Lot Size Acres: 0.1882

Rental Info

  • Tenant Pays: Gas, Parking Fee, Sewer, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1335 Square Feet
  • Electric Expense: 300.00
  • Garage Income: 500.00
  • Gross Income: 1000.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 120.00
  • Lot Size Area: 8197.0000 Square Feet
  • Net Operating Income: 49949.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 16524.00
  • Rent Control: No
  • Total Actual Rent: 4300.00
  • Total Expenses: 16524.00

Tax Info

  • New Taxes Expense: 625.00
  • Tax Census Tract: 5536.02
  • Tax Lot: 77
  • Tax Tract Number: 5792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
Fierro Maria De Jesus and Pacheco Mauricio
Bought by
Fierro Maria De Jesus and Pacheco Mauricio
Current Estimated Value
$1,174,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Outstanding Balance
$673,923
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$500,813

Purchase Details

Listed on
Aug 27, 2020
Closed on
Aug 27, 2020
Sold by
Fierro Juan Francisco
Bought by
Dejesus Fierro Maria
Seller's Agent
Evan Garcia
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Evan Garcia
EXCELLENCE RE REAL ESTATE
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$589,132
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2020
Closed on
Aug 20, 2020
Sold by
Ruiz Eduardo
Bought by
Dejesus Fierro Maria and Pacheco Mauricio
Seller's Agent
Evan Garcia
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Evan Garcia
EXCELLENCE RE REAL ESTATE
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$589,132
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2003
Sold by
Pedroza Ramona
Bought by
Ruiz Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,595
Interest Rate
5.71%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Gonzalez Lucas and Reyes Francisco
Bought by
Ruiz Eduardo and Pedroza Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,970
Interest Rate
7.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Castaneda Enrique
Bought by
Gonzalez Lucas and Reyes Francisco

Purchase Details

Closed on
Oct 21, 1996
Sold by
Reyes Maria Remedios
Bought by
Reyes Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,233
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 1996
Sold by
Cerda Jose L and Cerda Rosalva
Bought by
Gonzalez Lucas and Reyes Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,233
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1996
Sold by
Cerda Jose Luis and Cerda Rosalva
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fierro Maria De Jesus -- Stewart Title
Ballesteros Javier -- Stewart Title
Dejesus Fierro Maria -- Lawyers Title
Dejesus Fierro Maria $600,000 Lawyers Title
Ruiz Eduardo -- Commonwealth Land Title Co
Ruiz Eduardo $155,000 First American Title Co
Gonzalez Lucas -- First American
Reyes Francisco -- Benefit Land Title Company
Gonzalez Lucas $190,000 Benefit Land Title Company
Great Western Bank Fsb $132,738 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballesteros Javier $682,500
Previous Owner Dejesus Fierro Maria $589,132
Previous Owner Ruiz Eduardo $175,595
Previous Owner Ruiz Eduardo $153,970
Previous Owner Gonzalez Lucas $184,233
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $600,000 0.0% $268 / Sq Ft
08/27/2020 08/27/20 For Sale $600,000 -- $268 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,731 $752,287 $487,093 $265,194
2024 $9,731 $737,538 $477,543 $259,995
2023 $9,551 $723,078 $468,180 $254,898
2022 $9,298 $708,900 $459,000 $249,900
2021 $9,083 $695,000 $450,000 $245,000
2020 $4,700 $334,034 $168,774 $165,260
2019 $4,912 $327,485 $165,465 $162,020
2018 $4,547 $321,065 $162,221 $158,844
2016 $4,085 $308,600 $155,923 $152,677
2015 $3,862 $303,965 $153,581 $150,384
2014 $3,958 $298,012 $150,573 $147,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20155525

California Regional Multiple Listing Service (CRMLS)

APN: 6242-026-001