$1,600,000

7913 Howe St Paramount, CA 90723

Estimated payment $10,318/month

Total Views 161
3 Beds
2 Baths
4,730 Sq Ft
$338 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

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 $800
  • Trash Expense $1,000
  • Operating Expense $39,227
  • 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

  • Price Per Unit: 266667
  • Professional Management Expense: 800.00
  • Property Attached: No
  • Zoning: PARM*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 6242033026
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Street
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 338.27

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: 39227.00
  • Rent Control: No
  • Total Actual Rent: 9449.70
  • Total Expenses: 39227.00

Tax Info

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

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

Property History

Date Event Price Change Sq Ft Price
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
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)