NOT LISTED FOR SALE

6728 Marcelle St Paramount, CA 90723

Estimated Value: $954,000 - $1,069,376

7 Beds
5 Baths
2,638 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $550,000 $208 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,121/month

45 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Turnkey
  • Laundry Room
  • Satellite Dish

About This Home

As of April 2014

Rare opportunity for 4 units in a great area. Property Features 2 bedroom 1 bath front house 664 sq.ft, 3 bedroom 2 bath back house with garage 1094 sq.ft, and 2-1 bedroom 1 bath apartments 440 sq.ft each. It has 2, 2 car garages and ample parking throughout property. House is set back on large lot with plenty of room to add on to existing units.

Last Agent to Sell the Property

Darin Kleinpell

Kleinpell Team Realty License #01226314 Listed on: 01/13/2014

Last Buyer's Agent

George Ruiz

VIP RE Firm License #01781774

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,301

Year Built

  • Built in 1941

Lot Details

  • 10,135 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Split Level Home
  • Property Attached
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Satellite Dish

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 5 / 23
  • Tax Tract Number 1
  • Assessor Parcel Number 7101007001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gardener Expense $900
  • Insurance Expense $3,044
  • Trash Expense $781
  • Water Sewer Expense $2,547
  • Gross Income $3,750
  • Net Operating Income $35,881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,301

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2547.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7101007001
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Multi/Split
  • Price Per Square Foot: 208.49

Exterior Features

  • Exterior Features: Satellite Dish
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Trash Expense: 781.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10135.00
  • Lot Size Acres: 0.2330

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3750.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 3044.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 10135.0000 Square Feet
  • Net Operating Income: 35881.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Range: 4
  • Operating Expense: 9118.00
  • Rent Control: No
  • Total Actual Rent: 3650.00

Tax Info

  • Tax Block: 23
  • Tax Lot: 5
  • Tax Tract Number: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Mar 3, 2014
Sold by
Kaminski Michael
Bought by
Cabral Erik
Seller's Agent
Darin Kleinpell
Kleinpell Team Realty
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$554,900
Sold Price
$550,000
Premium/Discount to List
-$4,900
-0.88%
Current Estimated Value
$1,008,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,344
Avg. Annual Appreciation
5.44%
Original Mortgage
$540,038
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 2014
Sold by
Kaminski Hazel
Bought by
Kaminski Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2005
Sold by
Kaminski Laura Elena
Bought by
Kaminski Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Kaminski Hazel and The Kaminski Living Trust
Bought by
Kaminski Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cabral Erik $550,000 Wfg Title
Kaminski Michael -- Wfg Title
Kaminski Michael -- Wfg Title
Kaminski Michael -- United Independent Title
Kaminski Michael -- United Independent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabral Erik $540,038
Previous Owner Kaminski Michael $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2014 04/30/14 Sold $550,000 -0.9% $208 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $554,900 -- $210 / 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 $9,301 $674,211 $438,852 $235,359
2024 $9,301 $660,993 $430,248 $230,745
2023 $9,135 $648,033 $421,812 $226,221
2022 $8,901 $635,328 $413,542 $221,786
2021 $8,699 $622,872 $405,434 $217,438
2020 $8,514 $616,486 $401,277 $215,209
2019 $8,906 $604,399 $393,409 $210,990
2018 $8,268 $592,549 $385,696 $206,853
2016 $7,443 $569,542 $370,720 $198,822
2015 $7,031 $560,988 $365,152 $195,836
2014 $1,875 $77,345 $19,171 $58,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14008251

California Regional Multiple Listing Service (CRMLS)

APN: 7101-007-001