NOT LISTED FOR SALE

8018 Jefferson St Paramount, CA 90723

-- Bed
-- Bath
6,143 Sq Ft
0.52 Acres

Last Sold October 30, 2012

Last sale price $959,222 $156 Per Sq Ft

272 Days on Market

Highlights

  • 0.52 Acre Lot
  • Carpet
  • Heating System Uses Natural Gas
  • Bungalow

About This Home

As of October 2012

7 units on a half acre lot in the City of Paramount. Excellent income opportunity. Most units have been remodeled within the last year. All units are two bedroom with laundry facilities in each unit and each unit has a garage. Large fenced in play area for kids. Each unit has its own fenced in backyard as well.

Last Agent to Sell the Property

Dave Smith

Re/Max College Park Realty License #01353125 Listed on: 01/03/2012

Re/Max College Park Realty

Last Buyer's Agent

Melissa Moy Chhour

Skyline Properties License #00999382

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.52

Parking

  • 1 Car Garage

Home Design

  • 6,143 Sq Ft Home
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven or Range
  • Range
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Gas Dryer Hookup
  • 0.52 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 0.5 / 31
  • Assessor Parcel Number 6270016021

Community Details

Overview

  • 8 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $200
  • Insurance Expense $2,400
  • Trash Expense $300
  • Water Sewer Expense $420
  • New Taxes Expense $13,750
  • Gross Income $8,700
  • Net Operating Income $77,927

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 7.83
  • Price Per Unit: 157142
  • View: No
  • Water Sewer Expenses: 420.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 200.00
  • Parcel Number: 6270016021
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Laminate, Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 156.15

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 22516.00
  • Lot Size Acres: 0.5170

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 8700.00
  • Gross Multiplier: 9.53
  • Gross Scheduled Income: 104400.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 22516.0000 Square Feet
  • Net Operating Income: 77927.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 7
  • Number With Refrigerator: 7
  • Operating Expense: 26473.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Area: 7273
  • Tax Block: 31
  • Tax Lot: 0.5

Range of Values:

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Sold Price
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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
10/30/2012 10/30/12 Sold $959,222 -12.8% $156 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $1,100,000 -- $179 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Smith

    Seller's Agent in 2012

    Dave Smith

    RE/MAX

    (562) 824-8444

    89 Total Sales

    Dave Smith
    Section Image
  • Melissa Moy Chhour

    Buyer's Agent in 2012

    Melissa Moy Chhour

    Skyline Properties

    (714) 072-1953

    1 Total Sale

    Melissa Moy Chhour
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1200035

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Paramount 90723

8018 Jefferson St, Paramount, CA

This home is located at 8018 Jefferson St, Paramount, CA 90723 since 03 January 2012. This property was built in 1960. 8018 Jefferson St is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Alondra Middle School, and Paramount High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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