NOT LISTED FOR SALE

6807 San Marcus St Paramount, CA 90723

Estimated Value: $681,000 - $707,000

3 Beds
2 Baths
1,204 Sq Ft
$572/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $475,000 $395 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,259/month

101 Days on Market

Highlights

  • Property is near park and public transit
  • No HOA
  • Laundry Room
  • Private Yard
  • Neighborhood Views
  • Rectangular Lot

About This Home

As of October 2018

Good income generating opportunity for an owner occupied buyer or investor. Detached duplex. Need some TLC. The front house has 2 bedrooms/1 bathroom, spacious living room, dining area, kitchen and an avocado tree in back. The rear house has 1 bedroom/1 bathroom, living room and kitchen. Both units have a front/back yard and the use of a 4 car driveway. Property is in a nice tree-lined neighborhood of Paramount. Easy access to freeways and public transportation. Close to shops, restaurants, schools and parks. Priced to sell.

Last Agent to Sell the Property

Louis Tsang

No Firm Affiliation License #01972715 Listed on: 06/12/2018

Last Buyer's Agent

Christina Davilas

24 Hour Real Estate License #01062471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,991 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Property is near park and public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 167 / 40
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237015024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $940
  • Trash Expense $660
  • Water Sewer Expense $1,296
  • New Taxes Expense $2,828
  • Operating Expense $5,724
  • Gross Income $23,400
  • Net Operating Income $17,676

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

5,991 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1296.00
  • Zoning: PAR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6237015024
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 394.52
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 5991.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 940.00
  • Net Operating Income: 17676.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5724.00
  • Operating Expense Percent: 1.00
  • Rent Control: No
  • Total Expenses: 5724.00

Tax Info

  • New Taxes Expense: 2828.00
  • Tax Block: 40
  • Tax Census Tract: 5537.01
  • Tax Lot: 167
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Oct 1, 2018
Sold by
Perez Jose M and Perez Maria
Bought by
Tasios Ioannis and Miliokas Athanasols
Seller's Agent
Louis Tsang
No Firm Affiliation
Buyer's Agent
Christina Davilas
24 Hour Real Estate
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Current Estimated Value
$688,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,263
Avg. Annual Appreciation
5.10%
Original Mortgage
$230,000
Outstanding Balance
$200,574
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Estimated Equity
$487,689

Purchase Details

Closed on
Dec 13, 2012
Sold by
Perez Jose M
Bought by
Perez Jose M and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2007
Sold by
Perez Jose M and Perez Variel
Bought by
Perez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Perez Jose M
Bought by
Perez Jose M and Perez Variel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 17, 1998
Sold by
Perez Jose M and Perez Maria
Bought by
Perez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.91%

Purchase Details

Closed on
Nov 19, 1998
Sold by
Trust Prins Harry F And Lois A Trs Prins
Bought by
Perez Jose M and Perez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.91%

Purchase Details

Closed on
Sep 14, 1994
Sold by
Prins Harry F and Prins Lois A
Bought by
Prins Harry Fred and Prins Lois Ann
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
Tasios Ioannis $475,000 California Title Company
Perez Jose M -- Orange Coast Title Company
Perez Jose M -- United Title Company
Perez Jose M -- Gtc
Perez Jose M -- Commonwealth Land Title Co
Perez Jose M $100,000 Commonwealth Land Title Co
Prins Harry Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasios Ioannis $230,000
Previous Owner Perez Jose M $299,500
Previous Owner Perez Jose M $318,000
Previous Owner Perez Jose M $126,000
Previous Owner Perez Jose M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $475,000 -4.8% $395 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $499,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,967 $529,866 $362,541 $167,325
2024 $6,967 $519,478 $355,433 $164,045
2023 $6,839 $509,293 $348,464 $160,829
2022 $6,658 $499,308 $341,632 $157,676
2021 $6,508 $489,519 $334,934 $154,585
2020 $6,363 $484,500 $331,500 $153,000
2019 $6,674 $475,000 $325,000 $150,000
2018 $2,914 $192,880 $106,085 $86,795
2016 $2,631 $185,392 $101,966 $83,426
2015 $2,495 $182,608 $100,435 $82,173
2014 $2,556 $179,032 $98,468 $80,564
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Louis Tsang

    No Firm Affiliation

    Section Image
  • Christina Davilas

    Buyer's Agent in 2018

    Christina Davilas

    24 Hour Real Estate

    (562) 761-6080

    17 Total Sales

    Christina Davilas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18145537

California Regional Multiple Listing Service (CRMLS)

APN: 6237-015-024

California Los Angeles County Paramount 90723

6807 San Marcus St, Paramount, CA

Not Listed for Sale

MultiFamily

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