$1,650,000
UNDER CONTRACT $50K PRICE INCREASE

7913 Howe St Paramount, CA 90723

Estimated payment $10,046/month

Total Views 4,444
3 Beds
2 Baths
4,730 Sq Ft
$349 Price per Sq Ft

Highlights

  • 0.4 Acre Lot
  • Dog Park
  • 1-Story Property
  • Bike Trail

About This Home

Incredible investment opportunity in this Prime Paramount location. This 6unit property exudes potential. All units are currently occupied, and paying rent. Tenants pay all utilities; water, electricity and gas, with separate meters for each of the six units. Prime location near freeways, Downtown, Orange County, shopping, dining and schools. Don't miss this gem! Unit/addresses include 7913 Howe, 7913 1/2 Howe, 7917 Howe, 7921 Howe, 7923 Howe and 13958 McClure

Listing Agent

Brian Alvarez

Realty One Group United Brokerage Email: brianalvarez936@gmail.com License #02215106 Listed on: 08/18/2025

Realty One Group United

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1951

Lot Details

  • 0.4 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,730 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 5792
  • Assessor Parcel Number 6242033026
  • $1,884 per year additional tax assessments

Community Details

Overview

  • 6 Buildings
  • 6 Units

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $1,000
  • Professional Management Expense $5,670
  • Trash Expense $1,000
  • Operating Expense $21,602
  • Gross Income $113,395
  • Net Operating Income $70,767

Property Details

Home Type

Apartment

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • CapRate: 5.00
  • Professional Management Expense: 5670.00
  • Property Attached: No
  • Zoning: PARM*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6242033026
  • Year Built: 1951
  • Special Features: UnderContract

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 348.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Conventional Septic
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Dog Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17520.00
  • Lot Size Acres: 0.4022

Multi Family

  • Gross Income: 113395.00
  • Gross Scheduled Income: 113395.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 17520.0000 Square Feet
  • Net Operating Income: 70767.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Operating Expense: 21602.00
  • Rent Control: No
  • Total Actual Rent: 9449.70
  • Total Expenses: 21602.00

Tax Info

  • Tax Census Tract: 5536.02
  • Tax Lot: 52
  • Tax Tract Number: 5792
  • TaxOtherAnnualAssessmentAmount: 1884.00

Map

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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 $17,625 $1,325,976 $795,586 $530,390
2024 $17,625 $1,299,978 $779,987 $519,991
2023 $17,313 $1,274,490 $764,694 $509,796
2022 $16,529 $1,249,500 $749,700 $499,800
2021 $16,150 $1,225,000 $735,000 $490,000
2020 $3,094 $137,313 $57,996 $79,317
2019 $3,177 $134,621 $56,859 $77,762
2018 $2,788 $131,983 $55,745 $76,238
2016 $2,528 $126,860 $53,581 $73,279
2015 $2,433 $124,956 $52,777 $72,179
2014 $2,512 $122,510 $51,744 $70,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2026 01/06/26 Price Changed $1,650,000 0.0% $349 / Sq Ft
01/06/2026 01/06/26 For Sale $1,650,000 +3.1% $349 / Sq Ft
12/31/2025 12/31/25 Sold $1,600,000 -3.0% $338 / Sq Ft
12/03/2025 12/03/25 Price Changed $1,650,000 0.0% $349 / Sq Ft
12/03/2025 12/03/25 For Sale $1,650,000 0.0% $349 / Sq Ft
10/30/2025 10/30/25 Price Changed $1,650,000 0.0% $349 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
09/24/2025 09/24/25 Price Changed $1,650,000 -2.9% $349 / Sq Ft
09/11/2025 09/11/25 Price Changed $1,700,000 +3.0% $359 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,650,000 -2.9% $349 / Sq Ft
08/22/2025 08/22/25 Price Changed $1,700,000 +6.3% $359 / Sq Ft
08/18/2025 08/18/25 For Sale $1,600,000 +30.6% $338 / Sq Ft
08/25/2020 08/25/20 Sold $1,225,000 -9.2% $259 / Sq Ft View Prior Sale
07/10/2020 07/10/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $1,349,000 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25186785

California Regional Multiple Listing Service (CRMLS)