
8037 Mckinley Ave Paramount, CA 90723
Highlights
- Property is near a park
- Double Pane Windows
- Cooling System Mounted To A Wall/Window
- Separate Outdoor Workshop
- Crown Molding
- 4-minute walk to All American Park
About This Home
As of October 2024Great opportunity on this spacious duplex to live in one and rent out the other! Front house has 4 bedrooms and 2 bathrooms about 2,000 sq/ft. The back unit is 1 bedroom and 1 bathroom about 500 sq/ft. The front 4 bedroom house has beautiful craftsmanship with hard wood floors crown moulding, front bay window, remodeled kitchen and bathrooms, spacious kitchen, ceiling fans, new dual pane windows and also the option of a 5th bedroom, family room or office space. Whether you live in one and rent out the other, both units have great flexibility. The 1 bedroom back unit has laminate flooring, living room, dining area and a remodeled kitchen, with granite countertops, shaker cabinets and an abundance of cabinet space. Back unit can have their own private entrance through the driveway gate, backyard patio area and spacious backyard grass area on this 7,185 sq/ft lot. There is even a backyard workshop/storage area that could possibly be converted into a separate ADU and the roof was recently redone within the last 8 years. Refrigerators, stoves and microwaves are all included and will stay with the units. Common laundry room area between the units , washer & dryer will stay. Enjoy extra recreation fun as 8037 McKinley is in close proximity to All American Park complete with playground equipment for both children and toddlers, exercise stations, basketball court, grass fields, walking paths and picnic areas.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties Brokerage Phone: 562-822-6532 License #01459316 Listed on: 08/23/2024

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,908
Year Built
- Built in 1950
Lot Details
- 7,185 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Back and Front Yard
Home Design
- Duplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,506 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- Double Pane Windows
- Family Room
Kitchen
- Gas Range
- Range Hood
- Microwave
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Driveway
Outdoor Features
- Exterior Lighting
- Separate Outdoor Workshop
- Rain Gutters
Location
- Property is near a park
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Water Heater
- Water Softener
Listing and Financial Details
- Legal Lot and Block 7 / 1
- Tax Tract Number 5501
- Assessor Parcel Number 6264004010
- $834 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $18,600
- Net Operating Income $55,800
Ownership History
Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Home in Paramount, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Quit Claim Deed | -- | None Listed On Document | |
Gift Deed | -- | None Listed On Document | |
Grant Deed | -- | Orange Coast Title Company | |
Grant Deed | $995,000 | Orange Coast Title Company | |
Interfamily Deed Transfer | -- | Lsi | |
Grant Deed | $400,000 | Equity Title Los Angeles |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $911,171 | FHA | |
Previous Owner | $295,000 | New Conventional | |
Previous Owner | $276,000 | New Conventional | |
Previous Owner | $277,550 | New Conventional | |
Previous Owner | $276,000 | New Conventional | |
Previous Owner | $276,000 | Purchase Money Mortgage |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/08/2024 10/08/24 | Sold | $995,000 | +4.7% | $397 / Sq Ft |
08/29/2024 08/29/24 | Pending | -- | -- | -- |
08/23/2024 08/23/24 | For Sale | $950,000 | -- | $379 / Sq Ft |
Tax History Compared to Growth
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 | $1,908 | $995,000 | $575,000 | $420,000 |
2024 | $1,908 | $88,147 | $30,971 | $57,176 |
2023 | $1,881 | $86,419 | $30,364 | $56,055 |
2022 | $1,838 | $84,725 | $29,769 | $54,956 |
2021 | $1,789 | $83,065 | $29,186 | $53,879 |
2020 | $1,760 | $82,214 | $28,887 | $53,327 |
2019 | $1,807 | $80,603 | $28,321 | $52,282 |
2018 | $1,617 | $79,023 | $27,766 | $51,257 |
2016 | $1,460 | $75,956 | $26,689 | $49,267 |
2015 | $1,400 | $74,816 | $26,289 | $48,527 |
2014 | $1,432 | $73,352 | $25,775 | $47,577 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Blair Newman
Berkshire Hathaway HomeServices California Properties
(562) 822-6532
1 in this area
80 Total Sales
-
Buyer's Agent in 2024
Neida Romo
High Ten Partners, Inc.
(626) 289-6660
1 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24174553

APN: 6264-004-010
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