NOT LISTED FOR SALE

7828 Pearle St Paramount, CA 90723

Estimated Value: $1,175,000 - $1,352,719

8 Beds
4 Baths
3,200 Sq Ft
$391/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $716,000 $224 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,544/month

7 Days on Market

About This Home

As of November 2015

Great investment opportunity! Turn-key, cash cow recently painted and remodeled interiors, plus a coin-op laundry. Easy to maintain, low tenant turnover, conveniently located in the heart of Paramount and convenient to local schools, shopping, freeway access and public transport.

Last Agent to Sell the Property

Michael Dillon

Coldwell Banker Realty License #01364438 Listed on: 09/25/2015

Last Buyer's Agent

Miriam Rodriguez

Keller Williams Realty License #01338344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,323

Year Built

  • Built in 1965

Lot Details

  • 5,719 Sq Ft Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6242-029-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,323

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3200
  • Probate: No
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 207.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Value: 240782
  • Assessed Land Value: 281767
  • Assessor Parcel Number: 6242-029-014
  • Geocode Override: No
  • Lot Size Area: 5719

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Soto Cynthia and Robles Gabriel A
Bought by
Soto Cynthia and The C Soto Family Trust
Current Estimated Value
$1,249,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$475,683
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$788,916

Purchase Details

Closed on
Apr 14, 2020
Sold by
Soto Cynthia and Robles Gabriel A
Bought by
Soto Cynthia and C Soto Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2020
Sold by
Soto Cynthia and The C Soto Family Trust Dated
Bought by
Soto Cynthia and Robles Gabriel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2017
Sold by
Soto Cynthia
Bought by
Soto Cynthia and The C Soto Family Trust

Purchase Details

Listed on
Sep 25, 2015
Closed on
Oct 9, 2015
Sold by
Leon Elizabeth
Bought by
Soto Cynthia
Seller's Agent
Michael Dillon
Coldwell Banker Realty
Buyer's Agent
Miriam Rodriguez
Keller Williams Realty
List Price
$665,000
Sold Price
$716,000
Premium/Discount to List
$51,000
7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$537,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Oct 22, 2012
Sold by
Federal National Mortgage Association
Bought by
Leon Elizabeth
Seller's Agent
Michael Dillon
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Leon Elizabeth
Bought by
Leon Elizabeth and The Elizabeth Leon Living Trust

Purchase Details

Closed on
Mar 9, 2010
Sold by
Sanchez Francisco
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 25, 2009
Sold by
Sanchez Francisco
Bought by
Sanchez Francisco and Valenzuela Pedro A

Purchase Details

Closed on
Mar 13, 2007
Sold by
Galindo Oracio
Bought by
Sanchez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Edge Jay A
Bought by
Galindo Oracio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Edge James R
Bought by
Edge Jay A and Edge Investment Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1994
Sold by
Edge James R
Bought by
Edge James R and Edge Gloria J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Soto Cynthia -- Chicago Title Company
Soto Cynthia -- Chicago Title Company
Soto Cynthia -- Chicago Title Company
Soto Cynthia -- Chicago Title Company
Soto Cynthia -- None Available
Soto Cynthia $716,000 First American Title
Leon Elizabeth $510,000 First American Title Ins Co
Leon Elizabeth -- None Available
Federal National Mortgage Association $657,171 Accommodation
Sanchez Francisco -- None Available
Sanchez Francisco $765,000 None Available
Galindo Oracio $412,000 Equity Title
Edge Jay A -- --
Edge James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Cynthia $522,000
Closed Soto Cynthia $518,000
Closed Soto Cynthia $537,000
Previous Owner Leon Elizabeth $365,000
Previous Owner Sanchez Francisco $153,000
Previous Owner Sanchez Francisco $535,500
Previous Owner Galindo Oracio $410,000
Previous Owner Galindo Oracio $329,600
Closed Galindo Oracio $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2015 11/17/15 Sold $716,000 +7.7% $224 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $665,000 +30.4% $208 / Sq Ft
11/02/2012 11/02/12 Sold $510,000 +2.0% $159 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $499,900 -- $156 / Sq Ft
Source: The MLS

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 $11,323 $847,592 $325,542 $522,050
2024 $11,323 $830,973 $319,159 $511,814
2023 $11,117 $814,680 $312,901 $501,779
2022 $10,826 $798,707 $306,766 $491,941
2021 $10,576 $783,047 $300,751 $482,296
2020 $10,345 $775,319 $297,668 $477,651
2019 $10,840 $760,124 $291,832 $468,292
2018 $10,125 $745,226 $286,110 $459,116
2016 $9,095 $716,000 $275,000 $441,000
2015 $6,610 $522,549 $281,767 $240,782
2014 $6,775 $512,314 $276,248 $236,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-944787

The MLS

APN: 6242-029-014