NOT LISTED FOR SALE

8036 Alhambra Ave Paramount, CA 90723

Paramount Area
12 Beds
6 Baths
4,411 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: September 29, 2020

Last sale price $1,150,000 $261 Per Sq Ft

2 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • 2-minute walk to All American Park
  • Property is near park
  • Laundry Facilities

About This Home

As of September 2020

GREAT multi-unit investment property. Please DO NOT disturb the tenants. Property built in 1949. The lot is 17,838 SF with 4,411 SF of living space, 5 SFR, consisting of (1) 3 bedroom, 2 bath, with garage, (1) 3 Bedroom, 1 Bath, and (3) 2 bedroom, 1 bath. The other 4 units have carports. Each unit has laundry hookups, separate gas and electrical meters. Buyer to verify all information. The property rents are below market. Property will be sold as is. Close to 105 Freeway, Paramount Blvd and Gardendale Street. Close to a Park.

Last Agent to Sell the Property

Esperanza Van Beek

King Realty Group Inc License #01013319 Listed on: 08/26/2020

Last Buyer's Agent

Esperanza Van Beek

King Realty Group Inc License #01013319 Listed on: 08/26/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 17,838 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • 4,411 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Additional Features

  • Gas Dryer Hookup
  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6264
  • Tax Tract Number 6014
  • Assessor Parcel Number 6264006014

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,466
  • Trash Expense $2,568
  • Water Sewer Expense $4,332
  • New Taxes Expense $16,000
  • Operating Expense $25,366

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4332.00
  • Property Type: Residential Income
  • Parcel Number: 6264006014
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 260.71

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2568.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 17838.00
  • Lot Size Acres: 0.4095

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 1083 Square Feet
  • Insurance Expense: 2466.00
  • Lot Size Area: 17838.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Rent Control: No
  • Total Actual Rent: 7250.00
  • Total Expenses: 25366.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 6264
  • Tax Tract Number: 006014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 11, 2020
Sold by
Ramirez Rosa
Bought by
Seller's Agent
Esperanza Van Beek
King Realty Group Inc
Buyer's Agent
Esperanza Van Beek
King Realty Group Inc
List Price
$1,245,000
Sold Price
$1,150,000
Premium/Discount to List
-$95,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2009
Sold by
Ramirez Rosa and Ramirez Ricardo
Bought by
Ramirez Rosa

Purchase Details

Closed on
Jun 9, 2006
Sold by
Ramirez Rosa
Bought by
Ramirez Ricardo and Ramirez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2006
Sold by
Ramirez Ricardo and Ramirez Rosa
Bought by
Ramirez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2005
Sold by
Rodriguez Oscar and Rodriguez Blanca
Bought by
Ramirez Ricardo and Ramirez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,500
Interest Rate
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2002
Sold by
Jenkins Fred and Jenkins Daisy S
Bought by
Rodriguez Oscar and Rodriguez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.96%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,150,000 Ticor Ttl Orange Cnty Branch
Ramirez Rosa -- None Available
Ramirez Ricardo -- Accommodation
Ramirez Rosa -- Old Republic Title
Ramirez Ricardo $925,000 United Title Company
Rodriguez Oscar $480,000 Orange Coast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,150,000
Closed A Bright Shining Llc $862,500
Previous Owner Ramirez Rosa $350,000
Previous Owner Ramirez Ricardo $284,500
Previous Owner Rodriguez Oscar $336,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $1,150,000 -7.6% $261 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $1,245,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,716 $1,350,871 $761,814 $589,057
2025 $19,716 $1,324,385 $746,877 $577,508
2024 $18,751 $1,298,418 $732,233 $566,185
2023 $18,664 $1,272,960 $717,876 $555,084
2022 $16,255 $1,173,000 $703,800 $469,200
2021 $15,892 $1,150,000 $690,000 $460,000
2020 $15,691 $1,155,840 $693,505 $462,335
2019 $16,427 $1,133,177 $679,907 $453,270
2018 $15,202 $1,110,959 $666,576 $444,383
2016 $11,175 $850,000 $500,000 $350,000
2015 $9,896 $775,000 $465,000 $310,000
2014 $10,309 $775,000 $465,000 $310,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20175470

California Regional Multiple Listing Service (CRMLS)
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