NOT LISTED FOR SALE

8230 3rd St Paramount, CA 90723

Estimated Value: $1,048,902 - $1,265,000

6 Beds
3 Baths
3 Sq Ft
$392,575/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $710,000 $236,667 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,648/month

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Heating Available
  • Cooling Available

About This Home

As of January 2019

GREAT INVESTMENT OPPORTUNITY! TOTAL OF 3 UNITS * PRIMARILY RESIDENTIAL STREET * GREAT AREA OF PARAMOUNT * 3 SEPARATE STRUCTURES * LIVE IN ONE AND RENT OTHER 2 * OR RENT ALL 3 UNITS AND MAKE MORE INCOME * EACH UNIT HAS 2 BEDROOMS 1 BATH * ALL 3 UNITS HAVE WASHER/DRYER HOOK-UPS * LONG DRIVEWAY * GOOD SIZE YARDS * 3rd UNIT WHICH IS IN THE BACK HAS A 1 CAR GARAGE. MUCH SEE TO APPRECIATE!!!!

Last Agent to Sell the Property

MARTHA MORUA

RE/MAX ONE License #01255494 Listed on: 11/12/2018

RE/MAX ONE

Co-Listed By

LUIS MORUA

RE/MAX ONE License #01958477

Last Buyer's Agent

Carmela Jacobs

Carmela Realty License #01103369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,045

Year Built

  • Built in 1956

Lot Details

  • 7,445 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 3 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling Available
  • Heating Available
  • Standard Electricity

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 6
  • Tax Tract Number 11799
  • Assessor Parcel Number 6241009008

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $1,920
  • New Taxes Expense $4,725
  • Operating Expense $6,645
  • Net Operating Income $4,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,045

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 951-616-8053
  • Other Phone Number: 443-5151
  • Property Attached: No
  • Water Sewer Expenses: 1920.00
  • Zoning: PARM*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6241009008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7445.00
  • Lot Size Acres: 0.1709

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Gross Scheduled Income: 4550.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7445.0000 Square Feet
  • Net Operating Income: 4390.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 160.00
  • Rent Control: No
  • Total Actual Rent: 4750.00
  • Total Expenses: 6644.50

Tax Info

  • New Taxes Expense: 4724.50
  • Tax Census Tract: 5535.02
  • Tax Lot: 6
  • Tax Tract Number: 11799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Jan 27, 2019
Sold by
Navarro Francisco Martinez and Ruiz Teresa Canela
Bought by
Flores Cardenas Manuel and Medrano Rojas Lizbeth
Seller's Agent
MARTHA MORUA
RE/MAX ONE
Buyer's Agent
Carmela Jacobs
Carmela Realty
List Price
$699,999
Sold Price
$710,000
Premium/Discount to List
$10,001
1.43%
Current Estimated Value
$1,177,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,726
Avg. Annual Appreciation
7.89%
Original Mortgage
$725,154
Outstanding Balance
$643,886
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$509,416

Purchase Details

Closed on
Jan 6, 2003
Sold by
Martinez Francisco and Martinez Marisela
Bought by
Navarro Francisco Martinez and Ruiz Teresa Canela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1999
Sold by
Ruiz Teresa Canela and Navarro Francisco M
Bought by
Navarro Francisco Martinez and Ruiz Teresa Canela

Purchase Details

Closed on
Oct 3, 1997
Sold by
Martinez Jesus and Martinez Esther
Bought by
Navarro Francisco Martinez and Ruiz Teresa Canela
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flores Cardenas Manuel $710,000 Wfg National Title Company O
Navarro Francisco Martinez -- Chicago Title Co
Navarro Francisco Martinez -- Chicago Title Co
Navarro Francisco Martinez -- --
Navarro Francisco Martinez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Cardenas Manuel $725,154
Previous Owner Navarro Francisco Martinez $40,000
Previous Owner Navarro Francisco Martinez $92,000
Previous Owner Navarro Francisco Martinez $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $710,000 +1.4% $236,667 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $699,999 -- $233,333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $13,045 $971,040 $492,139 $478,901
2023 $12,728 $952,001 $482,490 $469,511
2022 $9,964 $746,335 $473,030 $273,305
2021 $9,738 $731,702 $463,755 $267,947
2020 $9,523 $724,200 $459,000 $265,200
2019 $5,117 $326,903 $147,994 $178,909
2018 $4,725 $320,494 $145,093 $175,401
2016 $4,258 $308,051 $139,460 $168,591
2015 $4,032 $303,425 $137,366 $166,059
2014 $4,132 $297,483 $134,676 $162,807
Source: Public Records

Agents Affiliated with this Home

  • MARTHA MORUA

    Seller's Agent in 2019

    MARTHA MORUA

    RE/MAX

    (951) 907-0656

    87 Total Sales

    MARTHA MORUA
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    LUIS MORUA

    RE/MAX

    (951) 247-2213

    13 Total Sales

    Section Image
  • Carmela Jacobs

    Buyer's Agent in 2019

    Carmela Jacobs

    Carmela Realty

    (818) 422-8722

    27 Total Sales

    Carmela Jacobs
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18272890

California Regional Multiple Listing Service (CRMLS)

APN: 6241-009-008

California Los Angeles County Paramount 90723

8230 3rd St, Paramount, CA

This home is located at 8230 3rd St, Paramount, CA 90723 since 12 November 2018 and is currently estimated at $1,177,726, approximately $392,575 per square foot. This property was built in 1956. 8230 3rd St is a home located in Los Angeles County with nearby schools including Harry Wirtz Elementary School, Paramount Park Middle School, and Paramount High School.

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

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