NOT LISTED FOR SALE

8040 Mckinley Ave Paramount, CA 90723

Paramount Area

Estimated Value: $864,000 - $1,022,000

5 Beds
3 Baths
1,878 Sq Ft
$488/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2014

Last sale price $465,000 $248 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,671 / mo

7 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 3-minute walk to All American Park
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of September 2014

Great Opportunity in Paramount. Live in one and rent the second. Front unit has 3 bedrooms and 2 bathroom with spacious living room, well maintained kitchen, formal dining area. Back unit has 2 bedrooms and 1 bath with spacious living room, well maintained kitchen and dining area. Property yard area in between the two houses,long driveway great for multiple parking spaces, 2 car garage.

Last Agent to Sell the Property

Eloy Villamil

ROA California Inc. License #01799836 Listed on: 06/12/2014

Last Buyer's Agent

Yesenia Angeles

ROA California Inc. License #01944103

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 7,576 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,878 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 9363
  • Assessor Parcel Number 6264005015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

7,576 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6264005015
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 247.60

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7576.00
  • Lot Size Acres: 0.1740

Multi Family

  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 7576.0000 Square Feet
  • Net Operating Income: 40800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Rent Control: No
  • Total Actual Rent: 3400.00

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 9363
  • Tax Year: 2013

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

Closed on
Jun 26, 2014
Sold by
Bought by
Current Estimated Value
$915,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2007
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Lawyers Title Company
$465,000 Lawyers Title Company
-- Chicago Title Inland Empire
$360,000 Chicago Title Inland Empire
-- Chicago Title Inland Empire
-- Chicago Title Inland Empire
-- Chicago Title Inland Empire
-- None Available
-- None Available
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
Previous Owner $456,577
Previous Owner $353,479
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
09/29/2014 09/29/14 Sold $465,000 +9.4% $248 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $425,000 -- $226 / 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
2025 $7,697 $558,848 $300,457 $258,391
2024 $7,796 $547,891 $294,566 $253,325
2023 $7,677 $537,149 $288,791 $248,358
2022 $7,923 $526,618 $283,129 $243,489
2021 $7,631 $516,293 $277,578 $238,715
2020 $7,629 $511,000 $274,732 $236,268
2019 $7,794 $500,982 $269,346 $231,636
2018 $6,842 $491,160 $264,065 $227,095
2016 $5,915 $472,090 $253,812 $218,278
2015 $5,577 $465,000 $250,000 $215,000
2014 $4,852 $379,073 $236,921 $142,152
Source: Public Records

Agents Affiliated with this Home

  • Eloy Villamil

    Seller's Agent in 2014

    Eloy Villamil

    ROA California Inc.

    (562) 444-3800

    121 Total Sales

    Eloy Villamil
    Section Image

  • Y

    Buyer's Agent in 2014

    Yesenia Angeles

    ROA California Inc.

    (619) 779-7200

    7 Total Sales

    Yesenia Angeles
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14124320

California Regional Multiple Listing Service (CRMLS)

APN: 6264-005-015

California Los Angeles County Paramount 90280

8040 Mckinley Ave, Paramount, CA

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.