$424,999

7805 Panama Rd Lamont, CA 93241

Estimated payment $2,714/month

Total Views 66,204
4 Beds
-- Bath
1,912 Sq Ft
$222 Price per Sq Ft

Highlights

  • 0.37 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Corner Lot

About This Home

Discover an incredible opportunity in Lamont, CA! This corner lot property features two homes on one lot. The front unit boasts 3 bedrooms, 2 bathrooms, and a private patio, while the back unit offers its own private entrance with 1 bedroom and 1 bathroom. Situated on a busy street just two blocks from Main Street, this property offers excellent visibility and convenience. Whether you're looking to expand your investment portfolio or secure a multi-unit property, this is a must-see. Contact your favorite realtor today to learn more!

Listing Agent

Roger Magana

Golden Valley Real Estate Group Brokerage Phone: 661-477-3484 License #01708253 Listed on: 12/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1942

Lot Details

  • 0.37 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 4 Bedrooms
  • 1,912 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 18603119007
  • $1,080 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $100
  • Operating Expense $200
  • Gross Income $24,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,401

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Price Per Unit: 212500
  • Property Attached: Yes
  • Zoning: C-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 18603119007
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 222.28

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 15987.00
  • Lot Size Acres: 0.3670

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 15987.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 200.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 64.03
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 1080.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,401 $302,443 $63,672 $238,771
2024 $4,401 $296,514 $62,424 $234,090
2023 $4,446 $290,700 $61,200 $229,500
2022 $3,137 $190,000 $50,000 $140,000
2021 $2,881 $172,000 $50,000 $122,000
2020 $2,881 $155,000 $30,000 $125,000
2019 $2,612 $155,000 $30,000 $125,000
2018 $2,089 $115,000 $30,000 $85,000
2017 $2,089 $115,000 $30,000 $85,000
2016 $2,022 $115,000 $33,000 $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Price Changed $414,999 -2.4% $217 / Sq Ft
12/06/2024 12/06/24 For Sale $424,999 +49.1% $222 / Sq Ft
02/03/2022 02/03/22 Sold $285,000 -3.4% $149 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $294,999 -- $154 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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    Roger Magana Golden Valley Real Estate Group

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24249183

California Regional Multiple Listing Service (CRMLS)

APN: 186-031-19-00-7