8014 1st St Paramount, CA 90723
Estimated Value: $767,767 - $872,000
4
Beds
2
Baths
1,640
Sq Ft
$511/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Laundry Room
- 3 Car Garage
- Cooling System Mounted To A Wall/Window
About This Home
As of November 2022Welcome to 1st street, a duplex in the city of Paramount. This investment opportunity features 2 separate units, each 2 beds 1 bath. Live in one, rent out the other, or keep them both as rentals. This property features plenty of drive way parking, in addition to 3 garage spaces. Both units even have their own separate outdoor space. This property features low maintenance, separate gas and electric meters, which is great to have for an investor. This property is definitely one to check out in person, so come on by to 8014 1st st, in paramount.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,648
Year Built
- Built in 1969
Lot Details
- 3,897 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
Home Design
- 1,640 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tenant pays for gas
- Tax Lot 104
- Tax Tract Number 579
- Assessor Parcel Number 6241013004
- $689 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Water Sewer Expense $650
- Operating Expense $650
- Net Operating Income $46,750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2022
Closed on
Oct 22, 2022
Sold by
Tabares Living Trust
Bought by
Evangelio Reina and Evangelio Jesse
Seller's Agent
Dusty Mulhearn
Real Broker
Buyer's Agent
Peter McKernan
PPF Realty
List Price
$675,000
Sold Price
$710,000
Premium/Discount to List
$35,000
5.19%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,942
Avg. Annual Appreciation
5.83%
Original Mortgage
$674,449
Outstanding Balance
$657,293
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$163,589
Purchase Details
Closed on
Mar 20, 2022
Sold by
Jessica Tabares
Bought by
Tabares Living Trust
Purchase Details
Closed on
Aug 2, 2021
Sold by
Gonzalez Adam and Tabares Jessica
Bought by
Tabares Jessica and Gonzalez Adam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,500
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2021
Sold by
Tabares Maria
Bought by
Tabares Jessica
Purchase Details
Listed on
Jun 16, 2017
Closed on
Aug 16, 2017
Sold by
Gonzalez Rosa I
Bought by
Gonzalez Adam and Tabares Maria
Seller's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
Buyer's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
List Price
$529,000
Sold Price
$529,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$519,418
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 9, 2009
Sold by
Equity One Inc
Bought by
Hsbc Bank Usa National Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
5.04%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 1, 2008
Sold by
Carillo Ignacio
Bought by
Hsbc Bank Usa National Association
Purchase Details
Closed on
Jun 5, 2008
Sold by
Carillo Ignacio
Bought by
Equity One Inc and Nomura Home Equity Loan Inc
Purchase Details
Closed on
Sep 22, 2006
Sold by
Carrillo Maria
Bought by
Carrillo Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 30, 2006
Sold by
Peterson Ana
Bought by
Carrillo Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 2, 2003
Sold by
Peterson James Lawrence
Bought by
Peterson Ana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 1999
Sold by
Allensworth Ana
Bought by
Allensworth Ana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,239
Interest Rate
8.55%
Mortgage Type
Assumption
Similar Homes in Paramount, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evangelio Reina | $710,000 | Orange Coast Title | |
| Tabares Living Trust | -- | Williamson & Gentilini | |
| Tabares Jessica | -- | Wfg Title Co Of Ca San Diego | |
| Tabares Jessica | -- | None Available | |
| Gonzalez Adam | $529,000 | Orange Coast Title Company | |
| Hsbc Bank Usa National Association | -- | None Available | |
| Gonzalez Rosa I | $290,000 | None Available | |
| Hsbc Bank Usa National Association | $395,000 | None Available | |
| Equity One Inc | $395,000 | None Available | |
| Carrillo Ignacio | -- | Commonwealth Land Title Co | |
| Carrillo Ignacio | $520,000 | Commonwealth Land Title Co | |
| Peterson Ana | -- | Orange Coast Title | |
| Allensworth Ana | -- | American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evangelio Reina | $674,449 | |
| Previous Owner | Tabares Jessica | $500,500 | |
| Previous Owner | Gonzalez Adam | $515,872 | |
| Previous Owner | Gonzalez Adam | $519,418 | |
| Previous Owner | Gonzalez Rosa I | $22,415 | |
| Previous Owner | Gonzalez Rosa I | $270,695 | |
| Previous Owner | Gonzalez Rosa I | $284,747 | |
| Previous Owner | Carrillo Ignacio | $104,000 | |
| Previous Owner | Carrillo Ignacio | $416,000 | |
| Previous Owner | Peterson Ana | $190,000 | |
| Previous Owner | Allensworth Ana | $159,515 | |
| Previous Owner | Allensworth Ana | $107,239 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2022 11/28/22 | Sold | $710,000 | +5.2% | $433 / Sq Ft |
| 10/13/2022 10/13/22 | For Sale | $675,000 | +27.6% | $412 / Sq Ft |
| 08/29/2017 08/29/17 | Sold | $529,000 | 0.0% | $323 / Sq Ft |
| 07/06/2017 07/06/17 | Pending | -- | -- | -- |
| 06/16/2017 06/16/17 | For Sale | $529,000 | -- | $323 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,648 | $724,200 | $510,000 | $214,200 |
| 2023 | $9,315 | $710,000 | $500,000 | $210,000 |
| 2022 | $7,695 | $567,193 | $331,309 | $235,884 |
| 2021 | $7,348 | $556,072 | $324,813 | $231,259 |
| 2020 | $7,184 | $550,371 | $321,483 | $228,888 |
| 2019 | $7,537 | $539,580 | $315,180 | $224,400 |
| 2018 | $7,016 | $529,000 | $309,000 | $220,000 |
| 2016 | $4,369 | $310,023 | $135,975 | $174,048 |
| 2015 | $4,156 | $305,367 | $133,933 | $171,434 |
| 2014 | $4,157 | $299,386 | $131,310 | $168,076 |
Source: Public Records
Agents Affiliated with this Home
-
Dusty Mulhearn
Seller's Agent in 2022
Dusty Mulhearn
Real Broker
(949) 500-6274
2 in this area
31 Total Sales
-
Bernard Moran
B
Seller Co-Listing Agent in 2022
Bernard Moran
Berkshire Hathaway HomeServices California Properties
1 in this area
20 Total Sales
-
Peter McKernan
Buyer's Agent in 2022
Peter McKernan
PPF Realty
(714) 328-2814
1 in this area
190 Total Sales
-
Seller's Agent in 2017
David Alvarado
Berkshire Hathaway H.S.C.P.
(562) 572-5913
32 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22221993
APN: 6241-013-004
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