R
Seller's Agent in 2016
Robert Lamb
C-21 Astro
(714) 264-9165
12 Total Sales
8061 70th St Paramount, CA 90723
Estimated Value: $1,215,000 - $1,445,488
8
Beds
4
Baths
3,472
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- 11,201 Sq Ft lot
- Laundry Room
- 4 Car Garage
- Traditional Architecture
- Tile Flooring
- Wrought Iron Fence
About This Home
As of October 20164 Homes on a Lot Investment Property with long term tenants. 4 DETACHED HOMES, all with 2 Bedrooms/ 1 Bath EACH with washer and dryer hookups in the kitchen of each unit. Each home has a 1 Car attached garage with ample parking for an extra car. All 4 homes have the same convenient floor plan layout. Each home has it's own electric and gas meter and the landlord pays the Water, Trash, and Gardener. Excellent Investment Opportunity with Long Term Stability.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,846
Year Built
- Built in 1957
Lot Details
- 0.26 Acre Lot
- No Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Parking Lot
Home Design
- 3,472 Sq Ft Home
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 6 / 89
- Assessor Parcel Number 7103025016
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,200
- Trash Expense $600
- Water Sewer Expense $3,600
- New Taxes Expense $10,000
- Gross Income $4,800
- Net Operating Income $4,450
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2016
Closed on
Sep 7, 2016
Sold by
Amescua David L and Amescua Catalina
Bought by
Campana Ivan and Compana Betty Carrion
Seller's Agent
Robert Lamb
C-21 Astro
Buyer's Agent
Carol Rayburn
C-21 Astro
List Price
$799,000
Sold Price
$830,000
Premium/Discount to List
$31,000
3.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,122
Avg. Annual Appreciation
5.51%
Original Mortgage
$526,400
Outstanding Balance
$422,874
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$916,742
Purchase Details
Closed on
Feb 7, 2007
Sold by
Amescua David L and Amescua Catalina
Bought by
Amescua David L and Amescua Catalina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
6.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2006
Sold by
Amescua David L and Amescua Catalina
Bought by
Amescua David L and Amescua Catalina
Purchase Details
Closed on
Nov 30, 2005
Sold by
Amescua David L and Amescua Catalina
Bought by
Amescua David L and Amescua Catalina
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Campana Ivan | $830,000 | Orange Coast Title Company | |
| Amescua David L | -- | Southland Title Company | |
| Amescua David L | -- | Accommodation | |
| Amescua David L | -- | None Available | |
| Amescua David L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Campana Ivan | $526,400 | |
| Previous Owner | Amescua David L | $552,500 | |
| Previous Owner | Amescua David L | $325,000 | |
| Previous Owner | Amescua David L | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2016 10/19/16 | Sold | $830,000 | 0.0% | $239 / Sq Ft |
| 09/05/2016 09/05/16 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | Off Market | $830,000 | -- | -- |
| 08/29/2016 08/29/16 | For Sale | $799,000 | -3.7% | $230 / Sq Ft |
| 08/29/2016 08/29/16 | Off Market | $830,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,846 | $963,283 | $580,292 | $382,991 |
| 2024 | $12,846 | $944,396 | $568,914 | $375,482 |
| 2023 | $12,613 | $925,879 | $557,759 | $368,120 |
| 2022 | $12,285 | $907,725 | $546,823 | $360,902 |
| 2021 | $12,003 | $889,927 | $536,101 | $353,826 |
| 2020 | $11,741 | $880,802 | $530,604 | $350,198 |
| 2019 | $12,306 | $863,532 | $520,200 | $343,332 |
| 2018 | $11,424 | $846,600 | $510,000 | $336,600 |
| 2016 | $3,711 | $235,266 | $81,841 | $153,425 |
| 2015 | $3,995 | $231,733 | $80,612 | $151,121 |
| 2014 | $3,619 | $227,194 | $79,033 | $148,161 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lamb
-
Carol Rayburn
Buyer's Agent in 2016
Carol Rayburn
C-21 Astro
(562) 577-7788
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS16190127
APN: 7103-025-016
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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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