NOT LISTED FOR SALE

8018 Adams St Unit A Paramount, CA 90723

Estimated Value: $760,000 - $862,000

4 Beds
2 Baths
1,841 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $450,000 $244 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,970/month

116 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property
  • Laundry Room

About This Home

As of October 2020

Fantastic duplex in the wonderful City of Paramount. Each unit has 2 bedrooms and 1 bath, a two-car garage is attached to each home. They have separate entrance, back yard, gas, and electric meters. The rear home has been upgraded. Both units are occupied. Property is close to freeways, shopping centers, dining, parks and schools.

Last Agent to Sell the Property

Julieta Sandoval

National Homes And Investments License #01400926 Listed on: 05/18/2020

Last Buyer's Agent

Rudy Sandoval

Excellence RE Real Estate License #01483087

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Asbestos Shingle Roof

Interior Spaces

  • 1,841 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 12 / 18
  • Tax Tract Number 5539
  • Assessor Parcel Number 6270011021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,680
  • Fuel Expense $960
  • Insurance Expense $600
  • Trash Expense $720
  • Water Sewer Expense $1,080
  • Operating Expense $5,040
  • Gross Income $1,700
  • Net Operating Income $15,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: PARM*
  • Property Type: Residential Income
  • Parcel Number: 6270011021
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 244.43

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Electric Expense: 1680.00
  • Fuel Expense: 960.00
  • Gross Income: 1700.00
  • Gross Scheduled Income: 20400.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 15360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5040.00
  • Rent Control: Yes
  • Total Expenses: 5040.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5539.01
  • Tax Lot: 12
  • Tax Tract Number: 5539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Oct 14, 2020
Sold by
Miller Shelly
Bought by
Miller Chris
Seller's Agent
Julieta Sandoval
National Homes And Investments
Buyer's Agent
Rudy Sandoval
Excellence RE Real Estate
List Price
$599,900
Sold Price
$450,000
Premium/Discount to List
-$149,900
-24.99%
Current Estimated Value
$804,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,149
Avg. Annual Appreciation
11.93%
Original Mortgage
$337,500
Outstanding Balance
$298,264
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$505,885

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 24, 2020
Sold by
Rios Imelda G and Meza Imelda G
Bought by
Miller Chris
Seller's Agent
Julieta Sandoval
National Homes And Investments
Buyer's Agent
Rudy Sandoval
Excellence RE Real Estate
List Price
$599,900
Sold Price
$450,000
Premium/Discount to List
-$149,900
-24.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Outstanding Balance
$298,264
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$505,885

Purchase Details

Closed on
Aug 1, 2019
Sold by
Nunez Maria Balvina Romero and Beltran Maria
Bought by
Rios Imelda G and Meza Imelda G

Purchase Details

Closed on
Jun 19, 2019
Sold by
Beltran Eduardo
Bought by
Rios Imelda G and Meza Imelda G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miller Chris -- Provident Title Company
Miller Chris $450,000 Provident Title Company
Rios Imelda G -- None Available
Rios Imelda G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Chris $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $450,000 -25.0% $244 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $599,900 -- $326 / 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 $8,937 $633,221 $351,789 $281,432
2024 $8,624 $620,806 $344,892 $275,914
2023 $8,119 $608,634 $338,130 $270,504
2022 $8,234 $596,700 $331,500 $265,200
2021 $7,837 $586,000 $325,000 $261,000
2020 $5,025 $308,832 $123,531 $185,301
2019 $4,792 $302,777 $121,109 $181,668
2018 $4,212 $296,841 $118,735 $178,106
2016 $3,986 $285,316 $114,125 $171,191
2015 $3,580 $281,031 $112,411 $168,620
2014 $3,668 $275,527 $110,210 $165,317
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julieta Sandoval

    National Homes And Investments

    (562) 233-9365

    12 Total Sales

    Julieta Sandoval
    Section Image

  • R

    Buyer's Agent in 2020

    Rudy Sandoval

    Excellence RE Real Estate

    (562) 200-1164

    5 Total Sales

    Rudy Sandoval
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20093853

California Regional Multiple Listing Service (CRMLS)

APN: 6270-011-021

California Los Angeles County Paramount 90723

8018 Adams St Unit A, Paramount, CA

Not Listed for Sale

MultiFamily

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