NOT LISTED FOR SALE

8021 Adams St Paramount, CA 90723

Estimated Value: $1,007,000 - $1,083,000

2 Beds
1 Bath
2,340 Sq Ft
$451/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $720,000 $308 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,449/month

11 Days on Market

About This Home

As of July 2018

Excellent Value Add opportunity. Three HOUSES on a large corner lot over 8,700 sqft. Each 2bd house comes with a garage and backyard space and are approximately 780 sqft each. Each unit has brand new water heaters and 8021's bathroom was recently remodeled with new floors, tub, and shower walls.

Last Agent to Sell the Property

Matthew Smith

Lido Real Estate & Investments License #01982303 Listed on: 06/07/2018

Co-Listed By

Michael Mattson

Lido Real Estate & Investments License #00702177

Last Buyer's Agent

Matthew Smith

Lido Real Estate & Investments License #01982303 Listed on: 06/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,459

Year Built

  • Built in 1950

Lot Details

  • 8,739 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,340 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 5539
  • Assessor Parcel Number 6270003007

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $37,800
  • Net Operating Income $35,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,459

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: Agent Cell
  • Other Phone Number: 7148650519
  • Property Attached: No
  • Zoning: PARM*
  • Property Type: Residential Income
  • Parcel Number: 6270003007
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 307.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8739.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 37800.00
  • Gross Multiplier: 17.85
  • Gross Scheduled Income: 37800.00
  • Net Operating Income: 35436.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2364.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5539.01
  • Tax Lot: 6
  • Tax Tract Number: 5539.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Tan Jason and Tan Susan
Bought by
Tan Jason and Tan Susan
Current Estimated Value
$1,055,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Outstanding Balance
$286,295
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$781,998

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 20, 2018
Sold by
Anderson Stephen R and Jessome Cathy D
Bought by
Tan Jason and Tan Susan
Seller's Agent
Matthew Smith
Lido Real Estate & Investments
Buyer's Agent
Matthew Smith
Lido Real Estate & Investments
List Price
$675,000
Sold Price
$720,000
Premium/Discount to List
$45,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$350,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Anderson Deon B and Anderson Family Trust 1989
Bought by
Anderson Deon B and Anderson Family Residual Trust
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
Tan Jason -- Provident Title Company
Tan Jason $710,500 Ticor Title
Anderson Deon B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Jason $321,000
Closed Tan Jason $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $720,000 +6.7% $308 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $675,000 -- $288 / 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 $10,459 $792,571 $475,209 $317,362
2024 $10,459 $777,032 $465,892 $311,140
2023 $10,268 $761,797 $456,757 $305,040
2022 $9,999 $746,860 $447,801 $299,059
2021 $9,771 $732,217 $439,021 $293,196
2020 $9,556 $724,710 $434,520 $290,190
2019 $10,021 $710,500 $426,000 $284,500
2018 $1,356 $42,171 $22,594 $19,577
2016 $1,244 $40,535 $21,717 $18,818
2015 $1,206 $39,927 $21,391 $18,536
2014 $1,233 $39,145 $20,972 $18,173
Source: Public Records

Agents Affiliated with this Home

  • Matthew Smith

    Seller's Agent in 2018

    Matthew Smith

    Lido Real Estate & Investments

    (949) 500-0692

    39 Total Sales

    Matthew Smith
    Section Image
  • Michael Mattson

    Seller Co-Listing Agent in 2018

    Michael Mattson

    Lido Real Estate & Investments

    (949) 697-1809

    49 Total Sales

    Michael Mattson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18135796

California Regional Multiple Listing Service (CRMLS)

APN: 6270-003-007

California Los Angeles County Paramount 90723

8021 Adams St, Paramount, CA

This home is located at 8021 Adams St, Paramount, CA 90723 since 07 June 2018 and is currently estimated at $1,055,992, approximately $451 per square foot. This property was built in 1950. 8021 Adams 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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