8015 1st St Paramount, CA 90723
Estimated Value: $1,043,000 - $1,331,000
4
Beds
4
Baths
2,232
Sq Ft
$541/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Cooling System Mounted To A Wall/Window
- Corner Lot
- Double Pane Windows
- Laundry Room
About This Home
As of April 2023Pride of ownership fourplex consisting of 2 duplexes, each on their own parcel, both on one lot. Four 1 bedroom, 1 bath units, Two 2 car garages and an owners storage room. 3 units have been extensively remodeled. Lots of upside potential. 3 units with low rents. The two parcels provide enough SF frontage to add an ADU or another unit. May be room to expand garages or add yard space to units. Low maintenance property with long term tenants. Non Rent Control (other than CA 1482 AB). Buyer to confirm all information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,140
Year Built
- Built in 1953 | Remodeled
Lot Details
- 6,422 Sq Ft Lot
- Lot Dimensions are 90x137
- 1 Common Wall
- Landscaped
- Corner Lot
- Back and Front Yard
- 6241014029
Parking
- 4 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Composition Roof
Interior Spaces
- 2,232 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 96
- Tax Tract Number 579
- Assessor Parcel Number 6241014028
- $1,069 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,020
- Insurance Expense $1,464
- Trash Expense $1,816
- Water Sewer Expense $252
- Operating Expense $4,552
- Gross Income $69,046
- Net Operating Income $69,046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2023
Closed on
Mar 8, 2023
Sold by
Eduardo M Menezes Family Trust
Bought by
Annette Malecki Living Trust
Seller's Agent
Bob Martin
Compass
Buyer's Agent
Annette Malecki
CB Realty & Home Loans
List Price
$1,200,000
Sold Price
$1,200,000
Total Days on Market
7
Views
112
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
$6,719
Avg. Annual Appreciation
0.49%
Purchase Details
Closed on
Nov 30, 2017
Sold by
Menezes Eduardo M
Bought by
Menezes Eduardo M and Eduardo M Menezens Family Trsut
Purchase Details
Closed on
Oct 23, 2017
Sold by
Menezes Eduardo M
Bought by
Menezes Eduardo M
Purchase Details
Closed on
Jul 28, 2011
Sold by
Menezes Eduardo M
Bought by
Menezes Eduardo M and Menezes Rosana R
Purchase Details
Closed on
Apr 16, 2010
Sold by
Menezes Rosana R
Bought by
Menezes Eduardo
Purchase Details
Closed on
Jan 28, 2010
Sold by
Menezes Eduardo M
Bought by
Menezes Eduardo M and Menezes 2010 Family Trust
Purchase Details
Closed on
Nov 8, 1993
Sold by
Menezes Eduardo M
Bought by
Menezes Eduardo M
Similar Home 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 |
|---|---|---|---|
| Annette Malecki Living Trust | $1,200,000 | Ticor Title | |
| Menezes Eduardo M | -- | None Available | |
| Menezes Eduardo M | -- | None Available | |
| Menezes Eduardo M | -- | None Available | |
| Menezes Eduardo | -- | None Available | |
| Menezes Eduardo M | -- | None Available | |
| Menezes Eduardo M | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2023 04/07/23 | Sold | $1,200,000 | 0.0% | $538 / Sq Ft |
| 02/19/2023 02/19/23 | Pending | -- | -- | -- |
| 02/12/2023 02/12/23 | For Sale | $1,200,000 | -- | $538 / 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 | $8,140 | $612,000 | $408,000 | $204,000 |
| 2023 | $3,756 | $220,915 | $90,166 | $130,749 |
| 2022 | $3,670 | $216,585 | $88,399 | $128,186 |
| 2021 | $3,597 | $212,339 | $86,666 | $125,673 |
| 2019 | $3,663 | $206,044 | $84,097 | $121,947 |
| 2018 | $3,375 | $202,005 | $82,449 | $119,556 |
| 2017 | $3,239 | $198,045 | $80,833 | $117,212 |
| 2016 | $3,036 | $194,163 | $79,249 | $114,914 |
| 2015 | $2,893 | $191,247 | $78,059 | $113,188 |
| 2014 | $2,957 | $187,501 | $76,530 | $110,971 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Martin
Seller's Agent in 2023
Bob Martin
Compass
(562) 673-6068
1 in this area
35 Total Sales
-
Annette Malecki
Buyer's Agent in 2023
Annette Malecki
CB Realty & Home Loans
(562) 277-4969
1 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23024164
APN: 6241-014-028
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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