NOT LISTED FOR SALE

6622 Motz St Paramount, CA 90723

Estimated Value: $756,007 - $942,000

4 Beds
2 Baths
1,456 Sq Ft
$575/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $375,000 $258 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $4,800/month

12 Days on Market

About This Home

As of December 2013

Great upgraded duplex. This property is clean, clean, clean! Both units feature 2 bedrooms 1 bath, living room, kitchen and dining room and 1 car garage. Upgrades include new flooring and paint, ne plumbing, new eclectic panels and wiring, new roof, new stucco and permitted addition to front unit including new laundry room. Both units have private yards and the lot has plenty of private parking. This is a clean property with great tenants and perfect for investor looking for a nice worry free property. With current leases all utilities are paid by tenants

Last Agent to Sell the Property

Aaron Juarez

Cal American Homes License #01295422 Listed on: 09/18/2013

Last Buyer's Agent

Aaron Juarez

Cal American Homes License #01295422 Listed on: 09/18/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,667 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,456 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 11676
  • Assessor Parcel Number 7101006006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $600
  • New Taxes Expense $4,322
  • Gross Income $2,200
  • Net Operating Income $20,278

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7101006006
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 257.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8667.00
  • Lot Size Acres: 0.1990

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 8667.0000 Square Feet
  • Net Operating Income: 20278.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6122.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4322.00
  • Tax Lot: 48
  • Tax Tract Number: 11676
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2022
Sold by
Cheng Kalin Jui-Ting
Bought by
Kalin Jui-Ting Cheng Living Trust
Current Estimated Value
$819,699

Purchase Details

Closed on
May 12, 2022
Sold by
Lijen Cheng Matthew
Bought by
Cheng Kalin Jui-Ting

Purchase Details

Listed on
Sep 18, 2013
Closed on
Dec 20, 2013
Sold by
Menchaca John J and Estate Of Elpidio Esparza
Bought by
Cheng Matthew Lijen and Cheng Kalin Jui Ting
Seller's Agent
Aaron Juarez
Cal American Homes
Buyer's Agent
Aaron Juarez
Cal American Homes
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$200,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2009
Sold by
Armijo Diana and The Diana Armijo Revocable Tru
Bought by
Esparza Elpidio and Alvarez Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,340
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Armijo Diana
Bought by
Armijo Diana and Diana Armijo Revocable Trust

Purchase Details

Closed on
Dec 17, 2002
Sold by
Hernandez Joaquin and Joaquin M Hernandez Living Tru
Bought by
Armijo Diana

Purchase Details

Closed on
Jul 31, 2000
Sold by
Hernandez Joaquin M
Bought by
Hernandez Joaquin M and The Joaquin M Hernandez Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalin Jui-Ting Cheng Living Trust -- --
Cheng Kalin Jui-Ting -- None Listed On Document
Cheng Matthew Lijen $375,000 None Available
Esparza Elpidio $303,500 Orange Coast Title Company
Armijo Diana -- None Available
Armijo Diana -- --
Hernandez Joaquin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheng Matthew Lijen $200,000
Previous Owner Esparza Elpidio $227,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2013 12/31/13 Sold $375,000 0.0% $258 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $375,000 -- $258 / 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 $6,215 $459,688 $299,105 $160,583
2024 $6,215 $450,676 $293,241 $157,435
2023 $6,102 $441,841 $287,492 $154,349
2022 $5,943 $433,178 $281,855 $151,323
2021 $5,809 $424,685 $276,329 $148,356
2020 $5,683 $420,331 $273,496 $146,835
2019 $5,951 $412,090 $268,134 $143,956
2018 $5,508 $404,011 $262,877 $141,134
2016 $4,951 $388,324 $252,670 $135,654
2015 $4,672 $382,492 $248,875 $133,617
2014 $4,790 $375,000 $244,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13190440

California Regional Multiple Listing Service (CRMLS)

APN: 7101-006-006