NOT LISTED FOR SALE

7259 Marcelle St Paramount, CA 90723

Estimated Value: $1,096,000 - $1,309,000

7 Beds
4 Baths
2,426 Sq Ft
$506/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $1,060,000 $437 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,618/month

17 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • 4 Car Direct Access Garage
  • Contemporary Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of January 2022

AMAZING DUPLEX!! (2 homes on the land) Welcome to 7259 & 7261 Marcelle Street in the beautiful city of Paramount, CA. The front house with address 7259 features 3 bedrooms and 2 full bathrooms with an indoor laundry room. The home was remodeled in 2016 with new kitchen fixtures, new interior and exterior paint, new flooring throughout, and new Spanish tile roof. This home also features an attached 2 car garage facing towards the extra-large driveway. The concrete driveway, which can accommodate up to 8 cars, connects all the way to the back of the property where you can find the 2nd home. The 2nd house with address 7261 features a massive newly constructed 2 story structure with 4 bedrooms and 2 full bathrooms. This home was finished in 2016 and first occupied in 2017 with all the modern amenities and building code requirements such as fire sprinklers, outdoor fire alarms, and a new HV/AC system. This home features an open floor plan with an oversized living area, indoor laundry amenities, and a modest size backyard. There is one bedroom downstairs that has an exit towards the backyard through a glass sliding door. The extra-wide attached 2 car garage allows for plenty of storage. Both houses have their own front yards, independent water heater, gas meter, electric meter, and WATER METER!

Last Agent to Sell the Property

Alonso Flores

AFV REAL ESTATE License #01931478 Listed on: 11/12/2021

Last Buyer's Agent

Ali Kassira

Century 21 Allstars License #02057492

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,098 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Fence is in good condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 4 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Spanish Tile Roof
  • Flagstone
  • Stucco

Interior Spaces

  • 2,426 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Family Room
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • Customized Wheelchair Accessible
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, electricity, water
  • Tax Lot 10
  • Tax Tract Number 11721
  • Assessor Parcel Number 7102007010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Gross Income $57,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: PAR2*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7102007010
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: Customized Wheelchair Accessible, Parking, Ramp - Main Level
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 436.93
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Flagstone, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Paved
  • Lot Size Sq Ft: 8098.00
  • Lot Size Acres: 0.1859

Rental Info

  • Tenant Pays: All Utilities, Electricity, Water

Multi Family

  • Gross Income: 57000.00
  • Gross Scheduled Income: 57000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5538.02
  • Tax Lot: 10
  • Tax Tract Number: 11721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Wahba Makram A and Wahba Sabah
Bought by
Better Housing Llc
Current Estimated Value
$1,228,696

Purchase Details

Closed on
Jul 28, 2011
Sold by
Saenz Vicente N and Saenz Maria P
Bought by
Vergara Josue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2004
Sold by
Saenz Vicente N and Saenz Maria P
Bought by
Saenz Vicente N and Saenz Maria P
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
Better Housing Llc -- None Listed On Document
Vergara Josue M $210,000 Ticor Title
Saenz Vicente N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vergara Josue M $209,549
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2022 01/12/22 Sold $1,060,000 +1.0% $437 / Sq Ft
11/12/2021 11/12/21 For Sale $1,050,000 +377.3% $433 / Sq Ft
08/03/2012 08/03/12 Sold $220,000 +4.8% $220 / Sq Ft View Prior Sale
07/12/2011 07/12/11 Pending -- -- --
03/25/2011 03/25/11 For Sale $210,000 0.0% $210 / Sq Ft
03/25/2011 03/25/11 Price Changed $210,000 -4.5% $210 / Sq Ft
11/01/2010 11/01/10 Pending -- -- --
09/09/2010 09/09/10 For Sale $220,000 -- $220 / 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 $14,164 $1,124,879 $636,724 $488,155
2024 $14,164 $1,102,824 $624,240 $478,584
2023 $13,900 $1,081,200 $612,000 $469,200
2022 $6,761 $496,645 $167,357 $329,288
2021 $6,603 $486,908 $164,076 $322,832
2020 $6,457 $481,916 $162,394 $319,522
2019 $6,766 $472,467 $159,210 $313,257
2018 $6,288 $463,204 $156,089 $307,115
2016 $2,968 $222,815 $150,029 $72,786
2015 $2,805 $219,469 $147,776 $71,693
2014 $2,842 $215,171 $144,882 $70,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21245131

California Regional Multiple Listing Service (CRMLS)

APN: 7102-007-010