$585,000
SOLD MAY 23, 2013

7836 Pearle St Paramount, CA 90723

2 Beds
1 Bath
3,200 Sq Ft
5,720 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

2% Above List Price

2 Days on Market

About This Home

As of November 2014

Nice four-plex, conveniently located in the city of Paramount close to major freeways, shopping, schools. All units are 2br/1ba market rent is $1,200 each unit per month.

Last Agent to Sell the Property

Donaji Zamora

DONAJI & ASSOCIATES License #01474084 Listed on: 05/06/2013

Last Buyer's Agent

Anoop Garg

The Real Estate Consult. Wstsd License #01060730

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,530

Year Built

  • Built in 1965

Lot Details

  • 5,720 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 6 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 95
  • Tax Tract Number 5792
  • Assessor Parcel Number 6242029013

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $876
  • Trash Expense $1,100
  • Water Sewer Expense $1,050
  • New Taxes Expense $6,472
  • Gross Income $4,800
  • Net Operating Income $3,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,530

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Other Phone Description: Agent Fax
  • Other Phone Number: 626-331-3753
  • Property Attached: No
  • Water Sewer Expenses: 1050.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 6242029013
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 182.81
  • Window Features: Blinds

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5720.00
  • Lot Size Acres: 0.1310

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4800.00
  • Gross Scheduled Income: 4800.00
  • Insurance Expense: 876.00
  • Lot Size Area: 5720.0000 Square Feet
  • Net Operating Income: 3965.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Operating Expense: 835.00
  • Rent Control: No
  • Total Actual Rent: 3400.00

Tax Info

  • New Taxes Expense: 6472.00
  • Tax Lot: 95
  • Tax Tract Number: 5792
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2020
Sold by
Ngu Steven and Ngu Stefanie Tu
Bought by
Ngu Steven and Ngu Stefanie Tu
Current Estimated Value
$1,165,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$687,962
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$477,906

Purchase Details

Listed on
Oct 6, 2014
Closed on
Nov 3, 2014
Sold by
Choksi Nishith
Bought by
S & S Trust
Seller's Agent
Sunil Mehta
Laurus Realty
Buyer's Agent
Manora Bou
The Jackson Real Estate Group
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Choksi Nishith
Bought by
Choksi Nishith and Choksi Minaxi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2013
Closed on
May 28, 2013
Sold by
Choksi Nishith
Bought by
Choksi Nishith and Choksi Minaxie
Seller's Agent
Donaji Zamora
DONAJI & ASSOCIATES
Buyer's Agent
Anoop Garg
The Real Estate Consult. Wstsd
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
May 6, 2013
Closed on
May 10, 2013
Sold by
Luis Gerardo
Bought by
Choksi Nishith and Choksi Minaxi
Seller's Agent
Donaji Zamora
DONAJI & ASSOCIATES
Buyer's Agent
Anoop Garg
The Real Estate Consult. Wstsd
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Luis Gerardo R and Luis Evelyn
Bought by
Gerardo Luis & Evelyn Luis 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
$260,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Thee Aguila Inc
Bought by
Luis Gerardo R and Luis Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Thee Aguila Inc
Bought by
Thee Aguila Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 24, 2009
Sold by
Sanchez Francisco and Rodriguez Samuel
Bought by
The Aguila Inc

Purchase Details

Closed on
Jul 17, 2009
Sold by
Sanchez Francisco
Bought by
Sanchez Francisco

Purchase Details

Closed on
Apr 10, 2006
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
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2002
Sold by
Mcgee Fergus A and Mcgee Doris N
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
$322,922
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 1997
Sold by
Narmore Trust Narmore Bennett And Sonia Trs B
Bought by
Mcgee Fergus A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.23%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $650,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title Tustin Orange Co
Interfamily Deed Transfer -- None Available
Grant Deed $585,000 Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $485,000 Lawyers Title Company
Quit Claim Deed -- Chicago Title Insurance Co
Grant Deed -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $765,000 None Available
Grant Deed $328,000 American Title Co
Grant Deed $180,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $770,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $200,000 Stand Alone First
Previous Owner $692,000 Unknown
Previous Owner $535,500 Purchase Money Mortgage
Previous Owner $400,000 Stand Alone First
Previous Owner $324,500 Unknown
Previous Owner $324,191 FHA
Previous Owner $322,922 FHA
Previous Owner $126,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $650,000 -4.4% $203 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $680,000 +16.2% $213 / Sq Ft
05/23/2013 05/23/13 Sold $585,000 +1.7% $183 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/04/2013 05/04/13 For Sale $575,000 -- $180 / 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 $10,530 $781,194 $300,457 $480,737
2024 $10,530 $765,877 $294,566 $471,311
2023 $10,339 $750,861 $288,791 $462,070
2022 $10,070 $736,139 $283,129 $453,010
2021 $9,836 $721,706 $277,578 $444,128
2019 $10,078 $700,302 $269,346 $430,956
2018 $9,411 $686,571 $264,065 $422,506
2016 $8,457 $659,912 $253,812 $406,100
2015 $8,631 $650,000 $250,000 $400,000
2014 $7,606 $586,327 $200,454 $385,873
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13082327

California Regional Multiple Listing Service (CRMLS)

APN: 6242-029-013