Seller's Agent in 2021
David Gomez
Realty Executives
(323) 715-6261
1 in this area
29 Total Sales
8150 Gardendale St Unit A Paramount, CA 90723
Estimated Value: $1,265,000 - $1,520,442
8
Beds
4
Baths
3,276
Sq Ft
$423/Sq Ft
Est. Value
About This Home
As of May 2021We are pleased to exclusively offer "For Sale" this beautiful "Turn-Key" 4 unit Multi-family investment located in the very desirable city of Paramount (located 1 block South of Downey.) The subject property has been well maintained with over $100,000 in capital improvements done in 2019. All 4 units have similar floor plans and "ALL" have newer and updated flooring throughout, fixtures, kitchens, bathrooms, windows and interior paint. All units have interior laundry hook-ups and a one-car garages. All rental units are separately metered for Electricity & Gas while the owner pays for Water & Trash. The unit mix consist of perfect size (819 Square feet) 2 bedroom/ 1 bath Units. The exterior building has newer paint throughout and Gorgeous Stones in the front wall. This prime location property adjacent to Downey, market rents, rare 5% Capitalization Rate and limited inventory is perfect for the 1031 Exchange buyer, an investor that may want to live on one of the units or just an investor looking to add to their growing portfolio. Just minutes to the 105, 710 and 605 Freeways and close distance to Downey's retail and dining options.
Last Agent to Sell the Property
Realty Executives Com. & Res. License #01805497 Listed on: 03/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,937
Year Built
- Built in 1963
Lot Details
- 6,369 Sq Ft Lot
- 1 Common Wall
- Private Yard
- Lawn
Parking
- 4 Car Garage
Home Design
- 3,276 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 64
- Tax Tract Number 9363
- Assessor Parcel Number 6264002062
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $480
- Gardener Expense $1,200
- Insurance Expense $1,600
- Maintenance Expense $1,200
- Pest Control $900
- Trash Expense $900
- Water Sewer Expense $3,000
- New Taxes Expense $15,600
- Operating Expense $24,880
- Gross Income $85,200
- Net Operating Income $60,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2021
Closed on
Apr 30, 2021
Sold by
Mekari Peter and Girges Anthony Mena
Bought by
Rivas Miguel and Lopez Ma Reyes
Seller's Agent
David Gomez
Realty Executives Com. & Res.
Buyer's Agent
Oscar Jara
SoCal 5 Real Estate
List Price
$1,199,888
Sold Price
$1,220,000
Premium/Discount to List
$20,112
1.68%
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
$165,861
Avg. Annual Appreciation
2.93%
Original Mortgage
$862,500
Outstanding Balance
$781,640
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$604,221
Purchase Details
Listed on
Aug 9, 2017
Closed on
Dec 8, 2017
Sold by
Mekari Jessica Girges
Bought by
Mekari Peter
Seller's Agent
Fabian Garcia
CENTURY 21 REALTY MASTERS
Buyer's Agent
Fabian Garcia
CENTURY 21 REALTY MASTERS
List Price
$724,000
Sold Price
$800,000
Premium/Discount to List
$76,000
10.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Purchase Details
Closed on
Oct 3, 2017
Sold by
Sugmessor Veronica Barajas
Bought by
Mekari Peter and Griges Anthony Mena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2017
Sold by
Barajas Guadalupe
Bought by
Barajas Guadalupe and The Barajas Family Revocable Living Trus
Purchase Details
Closed on
Sep 30, 2008
Sold by
Romero Jesus
Bought by
Barajas Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2003
Sold by
Romero Jesus
Bought by
Romero Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 1999
Sold by
Rea Guadalupe
Bought by
Romero Jesus
Purchase Details
Closed on
Feb 25, 1999
Sold by
Hicks Daniel J
Bought by
Romero Jesus and Rea Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,566
Interest Rate
6.86%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Rivas Miguel | $1,220,000 | Chicago Title | |
| Mekari Peter | -- | Wfg National Title Co Of Ca | |
| Girges Anthony Mena | -- | Wfg National Title Co Of Ca | |
| Mekari Peter | $800,000 | Wfg National Title Co Of Ca | |
| Barajas Guadalupe | -- | None Available | |
| Barajas Guadalupe | $710,000 | Old Republic Title | |
| Romero Jesus | -- | First American Title Co | |
| Romero Jesus | -- | -- | |
| Romero Jesus | $236,500 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rivas Miguel | $862,500 | |
| Previous Owner | Mekari Peter | $600,000 | |
| Previous Owner | Barajas Guadalupe | $110,000 | |
| Previous Owner | Romero Jesus | $252,000 | |
| Previous Owner | Romero Jesus | $234,566 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2021 05/20/21 | Sold | $1,220,000 | +1.7% | $372 / Sq Ft | |
| 04/02/2021 04/02/21 | Pending | -- | -- | -- | |
| 03/19/2021 03/19/21 | For Sale | $1,199,888 | +50.0% | $366 / Sq Ft | |
| 12/13/2017 12/13/17 | Sold | $800,000 | +10.5% | $244 / Sq Ft | View Prior Sale |
| 08/31/2017 08/31/17 | For Sale | $724,000 | -9.5% | $221 / Sq Ft | |
| 08/15/2017 08/15/17 | Off Market | $800,000 | -- | -- | |
| 08/09/2017 08/09/17 | For Sale | $724,000 | -- | $221 / Sq Ft |
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 | $16,937 | $1,320,565 | $594,254 | $726,311 |
| 2024 | $16,937 | $1,294,672 | $582,602 | $712,070 |
| 2023 | $16,623 | $1,269,287 | $571,179 | $698,108 |
| 2022 | $16,859 | $1,244,400 | $559,980 | $684,420 |
| 2021 | $11,271 | $840,942 | $525,589 | $315,353 |
| 2020 | $11,023 | $832,320 | $520,200 | $312,120 |
| 2019 | $11,556 | $816,000 | $510,000 | $306,000 |
| 2018 | $10,801 | $800,000 | $500,000 | $300,000 |
| 2017 | $73 | $787,794 | $316,226 | $471,568 |
| 2016 | $11,007 | $772,348 | $310,026 | $462,322 |
| 2015 | $10,409 | $760,748 | $305,370 | $455,378 |
| 2014 | $10,597 | $745,847 | $299,389 | $446,458 |
Source: Public Records
Agents Affiliated with this Home
-
David Gomez
-
Oscar Jara
O
Buyer's Agent in 2021
Oscar Jara
SoCal 5 Real Estate
(562) 235-5163
1 in this area
39 Total Sales
-
Fabian Garcia
Seller's Agent in 2017
Fabian Garcia
CENTURY 21 REALTY MASTERS
(323) 997-1552
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21058146
APN: 6264-002-062
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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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