NOT LISTED FOR SALE

8026 Howe St Paramount, CA 90723

Estimated Value: $845,000 - $935,000

5 Beds
3 Baths
1,855 Sq Ft
$479/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $710,000 $383 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,515/month

10 Days on Market

Highlights

  • Park
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2020

Very well kept duplex in a prime area of Paramount. Great investment opportunity for steady cash flow. Front unit is a house with 3 beds / 2 baths. Second unit is 2 beds / 1 bath. Each unit has its own two car garage, with huge open area for extra parking. Both units are occupied with responsible tenants. Property is close to freeways, shopping centers, dining, parks and schools. Tenants to remain in the property

Last Agent to Sell the Property

Nery Moreno

MViP License #02023365 Listed on: 05/04/2020

Last Buyer's Agent

Sean Fadden

Tidal Realty License #01915487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,923

Year Built

  • Built in 1932

Lot Details

  • 7,396 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,855 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 5092
  • Assessor Parcel Number 6265013019

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $54,000
  • Net Operating Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,923

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: PARM*
  • Property Type: Residential Income
  • Parcel Number: 6265013019
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 382.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7396.00
  • Lot Size Acres: 0.1698

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 7396.0000 Square Feet
  • Net Operating Income: 51600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5535.04
  • Tax Lot: 24
  • Tax Tract Number: 5092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
May 22, 2020
Sold by
Owens Michael C
Bought by
Diaz Abraham and Vallejo Olga
Seller's Agent
Nery Moreno
MViP
Buyer's Agent
Sean Fadden
Tidal Realty
List Price
$675,000
Sold Price
$710,000
Premium/Discount to List
$35,000
5.19%
Current Estimated Value
$887,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,685
Avg. Annual Appreciation
4.39%
Original Mortgage
$568,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2015
Closed on
Dec 24, 2015
Sold by
Romero David
Bought by
Owens Michael C
Seller's Agent
Ken Yoshitake
Excellence RE Southbay Realty
Buyer's Agent
Ken Yoshitake
Excellence RE Southbay Realty
List Price
$495,000
Sold Price
$444,000
Premium/Discount to List
-$51,000
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$435,958
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2005
Sold by
Navarrete Eduardo
Bought by
Romero David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Vega Victor H
Bought by
Navarrete Eduardo

Purchase Details

Closed on
Sep 14, 2001
Sold by
Kier Philip
Bought by
Vega Victor H and Vega Cristina I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,128
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1997
Sold by
Garcia Fidencio H
Bought by
Kier Philip and Kier Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Diaz Abraham $710,000 First American Title
Owens Michael C $444,000 None Available
Romero David $325,000 --
Romero David -- North American Title Co
Navarrete Eduardo -- --
Vega Victor H $153,500 First American Title Co
Kier Philip $11,836 Northern Counties Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Abraham $568,000
Previous Owner Owens Michael C $435,958
Previous Owner Romero David $292,500
Previous Owner Vega Victor H $151,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $710,000 +5.2% $383 / Sq Ft
05/04/2020 05/04/20 For Sale $675,000 +52.0% $364 / Sq Ft
12/31/2015 12/31/15 Sold $444,000 +18.4% $239 / Sq Ft
05/14/2015 05/14/15 Price Changed $375,000 -24.2% $202 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $495,000 -- $267 / 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 $9,923 $768,525 $465,445 $303,080
2024 $9,923 $753,457 $456,319 $297,138
2023 $9,740 $738,684 $447,372 $291,312
2022 $9,482 $724,200 $438,600 $285,600
2021 $9,266 $710,000 $430,000 $280,000
2020 $6,645 $480,598 $270,608 $209,990
2019 $6,743 $471,175 $265,302 $205,873
2018 $6,567 $461,937 $260,100 $201,837
2016 $5,843 $444,000 $250,000 $194,000
2015 $6,384 $540,000 $260,900 $279,100
2014 $5,541 $414,000 $200,000 $214,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nery Moreno

    MViP

  • S

    Buyer's Agent in 2020

    Sean Fadden

    Tidal Realty

    Section Image

  • K

    Seller's Agent in 2015

    Ken Yoshitake

    Excellence RE Southbay Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20085103

California Regional Multiple Listing Service (CRMLS)

APN: 6265-013-019

California Los Angeles County Paramount 90723

8026 Howe St, Paramount, CA

This home is located at 8026 Howe St, Paramount, CA 90723 since 04 May 2020 and is currently estimated at $887,685, approximately $478 per square foot. This property was built in 1932. 8026 Howe St is a home located in Los Angeles County with nearby schools including Theodore Roosevelt, Paramount Park 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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