NOT LISTED FOR SALE

7925 Pearle St Paramount, CA 90723

Estimated Value: $601,000 - $702,000

3 Beds
2 Baths
1,124 Sq Ft
$585/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $500,000 $445 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,047/month

228 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 1-Story Property
  • Laundry Room
  • Fenced

About This Home

As of November 2021

The subject property is a single family residence located on a large (50’ by 153’) 7,598 square foot lot that has been rezoned to medium density multi-residential. The adjacent lot has an auto repair business on it and the properties can be purchased together to allow new development of 6 apartment/townhome or condo units. The tax assessor records indicate that the improvements are 594 square feet with a 1 bedroom 1 bath SFR. The City of Paramount confirmed that an addition was permitted in 1993 for 390 square feet, and a recent taping of the house came in at 1,124 square feet with 3 bedrooms and 1.75 bathrooms. BUYER TO VERIFY ALL SQUARE FOOTAGE, THE NUMBER OF LEGALLY PERMITTED BEDROOMS & ZONING USES. The house has been rented to a tenant under the Section 8 program since 2007 and the current rent is $1,450 in total. The property could be purchased for an investment as well as owner-user. The property is located on a residential street just one parcel off of Paramount Blvd but adjacent to commercial properties. Just a few blocks away on Paramount is Roosevelt Elementary and Paramount Elementary School and a very large park with a public pool . The property is one city block south of the 105 freeway, providing convenient access.

Last Agent to Sell the Property

Stephen Lampe

Re/Max Commercial & Investment License #01164364 Listed on: 03/05/2021

Re/Max Commercial & Investment

Last Buyer's Agent

Hugo Contreras

HC Realty Group License #01082884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 1955

Lot Details

  • 7,598 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Property is zoned PACM*

Home Design

  • Fixer Upper

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 5792
  • Assessor Parcel Number 6242032002

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,874

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: PACM*
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6242032002
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1124.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 444.84

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 7598.00
  • Lot Size Acres: 0.1744

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7598.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.02
  • Tax Lot: 30
  • Tax Tract Number: 5792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Navarro Santos Jose Rafael and Navarro Rafael Rafael
Bought by
Rafael Navarro Separate Property Trust and Navarro
Current Estimated Value
$657,948

Purchase Details

Closed on
May 12, 2021
Sold by
Stromme Christy A and Thomas L Baker Living Trust
Bought by
Santos Jose Rafael Navarro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2011
Sold by
Stromme Christy A and The Thomas L Baker Living Trus
Bought by
Stromme Christy A and The Thomas L Baker Living Trus

Purchase Details

Closed on
Oct 1, 1999
Sold by
Baker Thomas L and The Thomas L Baker Living Trus
Bought by
Baker Thomas L and The Thomas L Baker Living Trus
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
Rafael Navarro Separate Property Trust -- None Listed On Document
Rafael Navarro Separate Property Trust -- None Listed On Document
Santos Jose Rafael Navarro $500,000 First American Title
Stromme Christy A -- None Available
Baker Thomas L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Jose Rafael Navarro $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $500,000 +11.1% $445 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $450,000 0.0% $400 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $450,000 -- $400 / 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 $6,874 $530,603 $424,483 $106,120
2024 $6,874 $520,200 $416,160 $104,040
2023 $6,746 $510,000 $408,000 $102,000
2022 $6,566 $500,000 $400,000 $100,000
2021 $1,153 $50,167 $22,574 $27,593
2019 $1,162 $48,681 $21,905 $26,776
2018 $998 $47,727 $21,476 $26,251
2016 $912 $45,876 $20,643 $25,233
2015 $875 $45,187 $20,333 $24,854
2014 $894 $44,303 $19,935 $24,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21046388

California Regional Multiple Listing Service (CRMLS)

APN: 6242-032-002