NOT LISTED FOR SALE

7235 Jackson St Paramount, CA 90723

Estimated Value: $768,763 - $1,025,000

6 Beds
3 Baths
4,878 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2013

Last sale price $325,000 $67 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $5,211 / mo

26 Days on Market

Highlights

  • Fireplace
  • Carpet
  • No Heating
  • Wood Siding

About This Home

As of January 2013

I am proud to offer a well-maintained duplex located at 7235 Jackson Street. The property is three blocks South of Alondra Boulevard and one block east of Orange Avenue across the street from Leona Jackson School. The property is a single-story, two on a lot duplex consisting of one four-bedroom/two-bathroom unit and a two-bedroom/two-bath front unit. The wood-framed, painted stucco building offers 2,138 rentable square feet and was constructed in 1929. Each unit is separately metered for gas and electricity and offers on-site parking. This is a rare opportunity to acquire a high quality asset in a low density area with close proximity to public education. The strong unit mix, long-term tenants, and 30-year fixed financing provides an investor a stable return and a perfect addition to any investors portfolio.

Last Agent to Sell the Property

Ryan Rayburn

Marcus & Millichap License #01496522 Listed on: 12/01/2012

Last Buyer's Agent

Ryan Rayburn

Marcus & Millichap License #01496522 Listed on: 12/01/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,879

Home Design

  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,878 Sq Ft Home
  • Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Additional Features

  • Property fronts an alley
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 23
  • Tax Tract Number 9371
  • Assessor Parcel Number 7102006024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $500
  • Insurance Expense $962
  • Maintenance Expense $2,000
  • Other Expense $1,000
  • Water Sewer Expense $1,724
  • New Taxes Expense $3,656
  • Gross Income $2,138
  • Net Operating Income $23,218

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

4,879 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 7.14
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 1724.00
  • Property Type: Residential Income
  • Parcel Number: 7102006024
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 66.63

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 2138.00
  • Gross Multiplier: 9.34
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 962.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 23218.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9842.00
  • Other Expense: 1000.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3656.00
  • Tax Lot: 23
  • Tax Tract Number: 9371
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2013
Sold by
Bought by
Current Estimated Value
$869,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
0.0398%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2012
Closed on
Mar 12, 2013
Sold by
Bought by
Seller's Agent
Ryan Rayburn
Marcus & Millichap
Buyer's Agent
Ryan Rayburn
Marcus & Millichap
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Oct 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2011
Sold by
Bought by

Purchase Details

Closed on
May 7, 2009
Sold by
Bought by

Purchase Details

Closed on
May 8, 2008
Sold by
Bought by

Purchase Details

Closed on
May 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Nations Title Company Of Ca
-- Ticor Title Company
-- Ticor Title Co
$350,000 Ticor Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- Guardian Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $229,300
Closed $245,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $325,000 0.0% $67 / Sq Ft
12/27/2012 12/27/12 Pending -- -- --
12/01/2012 12/01/12 For Sale $325,000 -- $67 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,178 $430,988 $258,594 $172,394
2024 $5,895 $422,538 $253,524 $169,014
2023 $5,789 $414,253 $248,553 $165,700
2022 $5,638 $406,131 $243,680 $162,451
2021 $5,506 $398,168 $238,902 $159,266
2020 $5,387 $394,086 $236,453 $157,633
2019 $5,638 $386,360 $231,817 $154,543
2018 $5,226 $378,785 $227,272 $151,513
2016 $4,691 $364,079 $218,448 $145,631
2015 $4,429 $358,611 $215,167 $143,444
2014 $4,539 $351,588 $210,953 $140,635
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Ryan Rayburn

    Marcus & Millichap

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P843080

California Regional Multiple Listing Service (CRMLS)

APN: 7102-006-024

California Los Angeles County Paramount 90723

7235 Jackson St, Paramount, CA

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.