NOT LISTED FOR SALE

6531 San Luis St Paramount, CA 90723

Estimated Value: $749,000 - $909,000

4 Beds
2 Baths
1,893 Sq Ft
$445/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $500,000 $264 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,209/month

138 Days on Market

About This Home

As of January 2017

This is a Fantastic Income Property located in Beautiful Paramount. Not only can you pick which home you want to live in, you can rent the other property and generate income to accomplish your financial goals. Each unit has 2 Bedrooms and 1 Bathroom, Full Kitchen, Spacious Living Room with tons of storage space throughout the home. There are two separate driveways with plenty of space for you to park your vehicles, and plenty of grass area to host BBQ’s or allow your kids to play outside. The rear home has an inviting deck with tons of space for some outdoor furniture. Whether you are an investor or a family that wants to live together, this property is perfect.

Last Agent to Sell the Property

Maria Palacios

Berkshire Hathaway Hm Ser License #01378393 Listed on: 08/11/2016

Berkshire Hathaway Hm Ser

Last Buyer's Agent

Hector Benavidez

Equity Smart Real Estate Services License #01337609

Equity Smart Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 1953

Lot Details

  • 6,052 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,893 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Sewer Paid

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 316
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237031029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,659

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: PAR2*
  • Property Type: Residential Income
  • Parcel Number: 6237031029
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 264.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6052.00
  • Price Per Lot Square Foot: 86.75
  • Lot Size Acres: 0.1390

Multi Family

  • Gross Scheduled Income: 31200.00
  • Lot Size Area: 6052.0000 Square Feet
  • Number Of Units Total: 2
  • Operating Expense: 4680.00
  • Rent Control: No

Tax Info

  • Tax Lot: 316
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Jan 13, 2017
Sold by
Mezquita Ramon and Cobos Angela R
Bought by
Clemente Ernesto Ivan and Baylor Takisha Renee
Seller's Agent
Maria Palacios
Berkshire Hathaway Hm Ser
Buyer's Agent
Hector Benavidez
Equity Smart Real Estate Services
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$827,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,644
Avg. Annual Appreciation
6.32%
Original Mortgage
$490,943
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mezquita Ramon
Bought by
Mezquita Ramon and Cobos Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Cobos Angela R
Bought by
Mezquita Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Gonzalez Felix and Gonzalez Anna
Bought by
Gonzalez Felix and Gonzalez Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Ontiveros Fructuoso and Ontiveros Guadalupe
Bought by
Gonzalez Felix and Gonzalez Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clemente Ernesto Ivan $500,000 Orange Coast Title Company
Mezquita Ramon -- Ticor Title Company
Mezquita Ramon -- Ticor Title San Diego Branch
Mezquita Ramon -- Ticor Title San Diego Branch
Gonzalez Felix -- --
Gonzalez Felix $225,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemente Ernesto Ivan $482,000
Closed Clemente Ernesto Ivan $490,943
Previous Owner Mezquita Ramon $330,000
Previous Owner Mezquita Ramon $273,000
Previous Owner Mezquita Ramon $195,000
Previous Owner Gonzalez Felix $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $500,000 0.0% $264 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/07/2016 12/07/16 Price Changed $500,000 -3.8% $264 / Sq Ft
11/28/2016 11/28/16 Price Changed $520,000 -1.0% $275 / Sq Ft
11/01/2016 11/01/16 For Sale $525,000 0.0% $277 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $525,000 0.0% $277 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $525,000 -- $277 / 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 $7,659 $580,287 $348,173 $232,114
2024 $7,659 $568,910 $341,347 $227,563
2023 $7,519 $557,755 $334,654 $223,101
2022 $7,321 $546,820 $328,093 $218,727
2021 $7,153 $536,099 $321,660 $214,439
2020 $6,994 $530,603 $318,362 $212,241
2019 $7,335 $520,200 $312,120 $208,080
2018 $6,813 $510,000 $306,000 $204,000
2016 $6,347 $482,765 $129,520 $353,245
2015 $5,991 $475,514 $127,575 $347,939
2014 $6,123 $466,200 $125,076 $341,124
Source: Public Records

Agents Affiliated with this Home

  • Maria Palacios

    Seller's Agent in 2017

    Maria Palacios

    Berkshire Hathaway Hm Ser

    (562) 883-1003

    4 in this area

    70 Total Sales

    Section Image
  • Hector Benavidez

    Buyer's Agent in 2017

    Hector Benavidez

    Equity Smart Real Estate Services

    (323) 702-5722

    1 in this area

    87 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16176961

California Regional Multiple Listing Service (CRMLS)

APN: 6237-031-029

California Los Angeles County Paramount 90723

6531 San Luis St, Paramount, CA

This home is located at 6531 San Luis St, Paramount, CA 90723 since 11 August 2016 and is currently estimated at $843,120, approximately $445 per square foot. This property was built in 1953. 6531 San Luis St is a home located in Los Angeles County with nearby schools including Mark Keppel School, Frank J. Zamboni School, and Paramount High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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