$720,000
SOLD FEB 28, 2025

7340 Lugo Ave Paramount, CA 90723

3 Beds
1 Bath
890 Sq Ft
5,027 Sq Ft Lot

Recently Sold

$809 Per Sq Ft

7% Above List Price

10 Days on Market

Highlights

  • City Lights View
  • Modern Architecture
  • No HOA
  • Updated Kitchen
  • Private Yard
  • Covered patio or porch

About This Home

As of February 2025

Welcome to Beautiful Paramount, This lovely 3 bedroom Single family Home is located in a Prime residential neighborhood. Includes 3 spacious bedrooms with 1 full bathroom. The property has a 2 car detached garage , with a bonus room right next to garage. Bonus room has its own restroom . Great looking yard with lots of room for entertaining or pets. A long driveway with lots of parking. Close to schools and parks. Perfect for 1st Time buyers or Investment. Make your appointment today!

Last Agent to Sell the Property

Eduardo Sandoval

Excellence RE Real Estate, Inc. Brokerage Phone: 562-450-7164 License #01209651 Listed on: 02/03/2025

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Wayne Dolan

The Realestate Group License #01894197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,027 Sq Ft Lot
  • Vinyl Fence
  • Block Wall Fence
  • Private Yard
  • Back and Front Yard
  • Property is zoned PAR1YY

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Slate Roof
  • Stucco

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • <<microwave>>
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 9706
  • Assessor Parcel Number 6236015003

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,160

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All Attached fixtures
  • Property Attached: No
  • View: Yes
  • Zoning: PAR1YY
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6236015003
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 890.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters
  • Stories: 1
  • Entry Location: I
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 808.99
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Covered, Patio, Porch, Rear Porch
  • Pool Private: No
  • Roof: Slate
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 5027.00
  • Lot Size Acres: 0.1154

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5027.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.01
  • Tax Lot: 84
  • Tax Tract Number: 9706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Feb 14, 2025
Sold by
Vega Manuel
Bought by
Alcala Steven and Alcala Jane
Seller's Agent
Eduardo Sandoval
Excellence RE Real Estate, Inc.
Buyer's Agent
Wayne Dolan
The Realestate Group
List Price
$675,000
Sold Price
$720,000
Premium/Discount to List
$45,000
6.67%
Views
131
Current Estimated Value
$719,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$584
Avg. Annual Appreciation
-1.44%

Purchase Details

Closed on
May 10, 2005
Sold by
Andalon Silvia
Bought by
Vega Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 21, 2005
Sold by
Esquer Jose
Bought by
Andalon Silvia

Purchase Details

Closed on
Nov 17, 2004
Sold by
Meraz Jose L
Bought by
Andalon Silvia and Lopez Manuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,680
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Parker Monique J
Bought by
Meraz Jose L and Meraz Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.5%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Parker Monique
Bought by
Parker Monique J and The Monique J Parker Living Trust

Purchase Details

Closed on
Sep 11, 1997
Sold by
Hammons Howard D
Bought by
Parker Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
7.49%
Source: Public Records

Similar Homes in the area

  • 7183 Myrtle Ave, Long Beach, CA 90805

    $700,000

    • 2 Beds
    • 1 Bath
    • 940 Sq Ft
    • 7183 Myrtle Ave
    • Long Beach, CA

    Beautifully Remodeled North Long Beach Home! Discover this move-in ready gem located on a generous lot in the heart of North Long Beach. Lovingly updated throughout, this residence blends modern upgrades with classic charm, offering comfort and style for today’s living.Inside, enjoy an inviting living room with rich hardwood flooring and a cozy fireplace, perfect for relaxing

    Lynsey Russell Keller Williams Pacific Estate

    Section Image
  • 13636 Garfield Ave, South Gate, CA 90280

    $745,000

    • 3 Beds
    • 3 Baths
    • 1,657 Sq Ft
    • 13636 Garfield Ave
    • South Gate, CA

    This property is well-priced and offers a great opportunity for families wanting to live together, or for investors looking to build ADUs to maximize their investment! The seller is engaging with agents and brokers to assist in the selling process. If you investigate the South Gate inventory for similar properties, you’ll see this is a great opportunity for your buyers. The property is classified

    Emmett Dalton Dalton Real Estate

    Section Image
  • 6156 Mckinley Ave, South Gate, CA 90280

    $755,000

    • 4 Beds
    • 1 Bath
    • 1,224 Sq Ft
    • 6156 Mckinley Ave
    • South Gate, CA

    Welcome to this 4-bedroom single-family home nestled in the heart of South Gate. Ideal for first-time home buyers, this property offers a fantastic opportunity to build equity and create the home of your dreams. Step inside to find a spacious layout with great natural light and room to grow. While the home needs a little TLC, it features strong bones and endless potential for personalization and

    Ana Hernandez ALBA REALTY

    Section Image
  • 8200 Priscilla St, Downey, CA 90242

    $799,000

    • 4 Beds
    • 2 Baths
    • 1,641 Sq Ft
    • 8200 Priscilla St
    • Downey, CA

    Welcome to this spacious and well-maintained two-story home tucked away in a peaceful Downey neighborhood. With a rare open-concept kitchen and an incredibly flexible layout, this home is full of options—and it just had a major price reduction, so don’t wait.Step inside to find a generously sized living room and a layout that gives you plenty of options. The open kitchen flows into a space

    Heather Applegate Heritage Coast

    Section Image
  • 8318 Howe St, Paramount, CA 90723

    $560,000

    • 2 Beds
    • 1 Bath
    • 608 Sq Ft
    • 8318 Howe St
    • Paramount, CA

    Great starter home priced to sell, upgraded kitchen , fully paid for solar panels, newer split system A/C and heat... Gated parking, room for 4 cars, close to 105 frwy and schools-parks...

    Andres Coca Real Broker

    Section Image
  • 6838 Severn Dr, Paramount, CA 90723

    $759,999

    • 4 Beds
    • 2 Baths
    • 1,083 Sq Ft
    • 6838 Severn Dr
    • Paramount, CA

    Single Story home located in a cul-de-sac with 4 bedrooms, 2 baths, 2 car garage! Laminate wood style flooring throughout, open kitchen to living room.Bathrooms upgraded with tile showers and floors. Kitchen has been upgraded with counter tops, cabinets and flooring. Ceiling fans in every room.Front yard is professionally landscaped with artificial turf and fenced front yard. 2 car garage is

    Rhonda Arnold Keller Williams Realty A.V.

    Section Image
  • 14912 S Gibson Ave, Compton, CA 90221

    $550,000

    • 2 Beds
    • 1 Bath
    • 966 Sq Ft
    • 14912 S Gibson Ave
    • Compton, CA

    RARE OPPORTUNITY IN COMPTON: HISTORIC CHARM MEETS INVESTMENT POTENTIAL! 14912 S Gibson Ave presents an exceptional opportunity in one of LA County's most rapidly appreciating neighborhoods! This charming 1931 single-family residence offers the perfect blend of character and potential that savvy buyers dream of finding. With 966 square feet of thoughtfully designed living space on a generous 5,073

    Andrea Lara Legacy Realty Group Inc.

    Section Image
  • 8419 2nd St Unit 2, Paramount, CA 90723

    $599,000

    • 4 Beds
    • 3 Baths
    • 2,041 Sq Ft
    • 8419 2nd St
    • Unit 2
    • Paramount, CA

    Spacious 4-Bedroom Home in Paramount – Great Investment Opportunity!Welcome to 8419 1/2 2nd Street, a hidden gem with endless potential located in the heart of Paramount. This two-story property features 4 spacious bedrooms and 3 bathrooms, offering plenty of room for a large household or multi-generational living.Perfect for investors or buyers looking to add value, the home includes

    Rady Math Circle Real Estate

    Section Image
  • 6508 Alondra Blvd, Paramount, CA 90723

    $849,999

    • 4 Beds
    • 2.5 Baths
    • 1,810 Sq Ft
    • 6508 Alondra Blvd
    • Paramount, CA

    Welcome to this beautifully maintained newer-built home in the heart of Paramount, offering modern design, spacious living, and a rare sense of privacy with no HOA! This two-story residence features an open-concept main level, where the stylish kitchen showcases crisp white cabinetry, sleek grey quartz countertops, and a matching backsplash. The flow continues into the living and dining areas -

    Jeff Anderson eXp Realty of California Inc

    Section Image

Range of Values:

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

Date Type Sale Price Title Company
Grant Deed $720,000 Usa National Title Company
Grant Deed -- Usa National Title Company
Grant Deed $400,000 --
Quit Claim Deed -- Commerce Title
Grant Deed $320,000 Commerce Title
Grant Deed $190,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $129,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $384,000 Negative Amortization
Previous Owner $48,000 Credit Line Revolving
Previous Owner $320,000 Fannie Mae Freddie Mac
Previous Owner $287,680 Purchase Money Mortgage
Previous Owner $207,000 Unknown
Previous Owner $190,000 No Value Available
Previous Owner $103,600 No Value Available
Closed $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $720,000 +6.7% $809 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $675,000 -- $758 / 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
2024 $7,160 $546,616 $413,793 $132,823
2023 $7,027 $535,899 $405,680 $130,219
2022 $6,838 $525,392 $397,726 $127,666
2021 $6,037 $461,000 $349,000 $112,000
2019 $6,025 $434,000 $329,000 $105,000
2018 $5,153 $389,000 $295,000 $94,000
2016 $4,526 $365,000 $277,000 $88,000
2015 $3,957 $331,000 $251,000 $80,000
2014 $3,824 $304,000 $230,100 $73,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25024863

California Regional Multiple Listing Service (CRMLS)

APN: 6236-015-003