NOT LISTED FOR SALE

7241 Marcelle St Paramount, CA 90723

Estimated Value: $950,000 - $1,180,000

5 Beds
3 Baths
2,761 Sq Ft
$385/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $670,000 $243 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,386/month

6 Days on Market

Highlights

  • No Units Above
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking
  • No HOA
  • Laundry Room
  • Chain Link Fence

About This Home

As of September 2019

Excellent income property opportunity. Good rental area. One detached 3 bedroom 1.75 bath single family home and a Duplex with two 2 bedroom 1 bath units. All have laundry hook-ups and plenty of off street parking. New exterior paint. Lots of rental upside!

Last Agent to Sell the Property

Bill Purcell

Berkshire Hathaway Hm Ser License #00936201 Listed on: 06/04/2019

Last Buyer's Agent

Gabriel Matias

Century 21 A Better Service License #02010769

Century 21 A Better Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,124 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Chain Link Fence
  • Front Yard

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,761 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces
  • 3 Carport Spaces

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 11721
  • Assessor Parcel Number 7102007007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $2,085
  • Trash Expense $850
  • Water Sewer Expense $1,321
  • New Taxes Expense $8,687
  • Operating Expense $13,806
  • Gross Income $37,080
  • Net Operating Income $33,092

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1321.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7102007007
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 242.67
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 850.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8124.00
  • Lot Size Acres: 0.1865

Multi Family

  • Gross Income: 37080.00
  • Gross Scheduled Income: 37080.00
  • Insurance Expense: 2085.00
  • Lot Size Area: 8124.0000 Square Feet
  • Net Operating Income: 33092.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3988.00
  • Rent Control: No
  • Total Expenses: 13806.00

Tax Info

  • New Taxes Expense: 8687.00
  • Tax Area: 7-294
  • Tax Lot: 7
  • Tax Tract Number: 11721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
Thach Sothia and Thach Sovandy
Bought by
Thach Family Living Trust and Thach
Current Estimated Value
$1,063,153

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 23, 2019
Sold by
Whited Carl Otis and Weinmueller Helen
Bought by
Thach Sothia and Thach Sovandy
Seller's Agent
Bill Purcell
Berkshire Hathaway Hm Ser
Buyer's Agent
Gabriel Matias
Century 21 A Better Service
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
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
Thach Family Living Trust -- None Listed On Document
Thach Sothia -- None Listed On Document
Thach Sothia $670,000 Ticor Title Company
Whited Carl Otis -- Ticor Title Company
Whited Carl Otis -- Ticor Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2019 09/03/19 Sold $670,000 -3.6% $243 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $695,000 -- $252 / 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 $9,794 $732,738 $512,918 $219,820
2024 $9,794 $718,371 $502,861 $215,510
2023 $9,617 $704,286 $493,001 $211,285
2022 $9,366 $690,478 $483,335 $207,143
2021 $9,150 $676,940 $473,858 $203,082
2020 $8,950 $670,000 $469,000 $201,000
2019 $1,771 $58,404 $19,313 $39,091
2018 $1,563 $57,260 $18,935 $38,325
2016 $1,425 $55,038 $18,200 $36,838
2015 $1,377 $54,212 $17,927 $36,285
2014 $1,407 $53,151 $17,576 $35,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19130957

California Regional Multiple Listing Service (CRMLS)

APN: 7102-007-007