NOT LISTED FOR SALE

6415 72nd St Paramount, CA 90723

Estimated Value: $991,000 - $1,047,000

6 Beds
3 Baths
2,026 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $865,000 $427 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,302/month

17 Days on Market

Highlights

  • In Ground Pool
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace

About This Home

As of February 2022

Calling All Investors! Great location and perfect investment property, fully tenant-occupied with immediate cash flow. Just a half mile of the freeway 91 and 105, plus schools are near the property, shopping centers, and important cities as Downey, Lakewood, Cerritos. The property is offering you three nice units, two of them are in one building with their car garage each one, decent backyard; upstairs apartment has 2 bedroom, one bath, kitchen area, dining area and living room, tile with laminate flooring, window A/C unit, wall furnace, studio downstairs has a kitchen area, one bedroom, living room, one bathroom. The house is detached from this building and has a nice front yard with low maintenance, with 3 bedrooms, one bathroom, living room, kitchen area, dining room, tile flooring in almost all area of the house, wall furnace, window A/C unit, and at the backyard has nice pool for this summer and hot days which need a little maintenance. The roof is in good condition, the area is a quite neighborhood. Property is Sold "As Is Condition" and renters are staying at the property; by landlords, they are good renters, which you will have your rental income assured and not to look for new renters. Make your Offer today and Just Serious Buyer! This property won't last long!.

Last Agent to Sell the Property

VIDA TELLEZ

First Team Real Estate License #01873197 Listed on: 09/08/2021

First Team Real Estate

Last Buyer's Agent

German Medina Fuentes

Circle Real Estate License #02137216

Circle Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,577 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,026 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • In Ground Pool
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Tax Lot 1
  • Assessor Parcel Number 7101010003
  • $969 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $600
  • Trash Expense $816
  • Water Sewer Expense $2,400
  • Operating Expense $3,816
  • Gross Income $60,000
  • Net Operating Income $56,184

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: PAR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7101010003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 426.95
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 816.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6577.00
  • Lot Size Acres: 0.1510

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Fuel Expense: 600.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 6577.0000 Square Feet
  • Net Operating Income: 56184.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3816.00
  • Rent Control: No
  • Total Expenses: 3816.00

Tax Info

  • Tax Census Tract: 5538.02
  • Tax Lot: 1
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 969.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Valle and Delma
Bought by
Gamboa Gustavo
Current Estimated Value
$1,016,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2015
Closed on
Jan 15, 2015
Sold by
Boland Laurence J
Bought by
Valle Rodrigo and Valle Delma
Seller's Agent
Maria Fernandez
Sunrise Realty & Home Loan
Buyer's Agent
Maria Fernandez
Sunrise Realty & Home Loan
List Price
$559,000
Sold Price
$550,000
Premium/Discount to List
-$9,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$357,500
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2014
Sold by
Boland Laurence J
Bought by
Boland Laurence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jul 25, 2013
Sold by
Snailum Kyle R
Bought by
Boland Laurence J
Seller's Agent
Jorge Caceres
Realty World Experts
Buyer's Agent
Maria Fernandez
Sunrise Realty & Home Loan
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$300,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2012
Closed on
Jan 22, 2013
Sold by
Kiken Dale A and Golshani Esq Deborah
Bought by
Snailum Kyle R
Seller's Agent
Redd Anderson
Estate Properties
Buyer's Agent
Jorge Caceres
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.60%

Purchase Details

Closed on
Oct 4, 2002
Sold by
Sanchez Archie and Sanchez Cecilia
Bought by
Leite Saul and Leite Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.89%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Sanchez Archie and Sanchez Cecilia
Bought by
Sanchez Archie and Sanchez Cecilia
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
Gamboa Gustavo $865,000 Usa National Title
Valle Rodrigo $550,000 Republic Title Company
Boland Laurence J -- Chicago Title Company
Boland Laurence J $425,000 Pacific Coast Title Company
Snailum Kyle R $360,000 Title365
Leite Saul $336,363 Commonwealth Land Title Co
Sanchez Archie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamboa Gustavo $692,000
Previous Owner Valle Rodrigo $357,500
Previous Owner Boland Laurence J $367,500
Previous Owner Boland Laurence J $300,000
Previous Owner Leite Saul $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2022 02/10/22 Sold $865,000 -2.3% $427 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $885,000 0.0% $437 / Sq Ft
12/30/2015 12/30/15 Rented $1,100 0.0% --
12/29/2015 12/29/15 For Rent $1,100 0.0% --
06/19/2015 06/19/15 Rented $1,100 +11.7% --
06/19/2015 06/19/15 For Rent $985 -24.2% --
05/04/2015 05/04/15 Rented $1,300 0.0% --
05/04/2015 05/04/15 For Rent $1,300 0.0% --
03/16/2015 03/16/15 Sold $550,000 -1.6% $271 / Sq Ft View Prior Sale
01/22/2015 01/22/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $559,000 +31.5% $276 / Sq Ft
09/06/2013 09/06/13 Sold $425,000 -3.4% $210 / Sq Ft View Prior Sale
07/26/2013 07/26/13 Pending -- -- --
03/31/2013 03/31/13 For Sale $440,000 +22.2% $217 / Sq Ft
02/28/2013 02/28/13 Sold $360,000 +4.3% $325 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Pending -- -- --
08/04/2012 08/04/12 For Sale $345,000 -- $312 / 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 $11,919 $917,944 $599,582 $318,362
2024 $11,919 $899,946 $587,826 $312,120
2023 $11,699 $882,300 $576,300 $306,000
2022 $8,483 $622,886 $373,732 $249,154
2021 $8,291 $610,673 $366,404 $244,269
2020 $8,111 $604,732 $362,647 $242,085
2019 $8,497 $592,882 $355,537 $237,345
2018 $7,874 $581,264 $348,566 $232,698
2016 $7,077 $558,387 $335,032 $223,355
2015 $5,419 $433,490 $260,094 $173,396
2014 $5,555 $425,000 $255,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21189374

California Regional Multiple Listing Service (CRMLS)

APN: 7101-010-003