NOT LISTED FOR SALE

7340 Lugo Ave Paramount, CA 90723

Estimated Value: $714,942 - $787,000

3 Beds
1 Bath
890 Sq Ft
$831/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $720,000 $809 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,472/month

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

The Realestate Group

Home Details

Home Type

  • Single Family

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

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
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full 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

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

Closed on
Oct 27, 2025
Sold by
Alcala Steven and Alcala Jane
Bought by
Alcala Living Trust and Alcala
Current Estimated Value
$739,486

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

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

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
Alcala Living Trust -- None Listed On Document
Alcala Steven $720,000 Usa National Title Company
Vega Manuel -- Usa National Title Company
Vega Manuel $400,000 --
Andalon Silvia -- Commerce Title
Andalon Silvia $320,000 Commerce Title
Meraz Jose L $190,000 First American Title Co
Parker Monique J -- --
Parker Monique $129,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Manuel $320,000
Previous Owner Andalon Silvia $287,680
Previous Owner Meraz Jose L $190,000
Previous Owner Parker Monique $103,600
Closed Vega Manuel $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $7,160 $557,547 $422,068 $135,479
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25024863

California Regional Multiple Listing Service (CRMLS)

APN: 6236-015-003