8242 3rd St Paramount, CA 90723
Estimated Value: $844,000 - $1,090,000
6
Beds
3
Baths
2,304
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Living Room
- Private Yard
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of September 2016Must see. Cash cow. 3 units in City of Paramount, live in one and rent the others or collect rent on all of them. Good condition, stable tenants, easy to manage. Three separate homes on big lot each with 2 beds and 1 bath, each home has nice yard in the front and on the side. Good size unit, feel like home. Laundry area inside each home. Long concrete drive way with no parking problem. Located in nice established treeline neighborhood close to city of Downey, Bellflower, Freeways, Swap meet and Shopping. These units will go fast so run, don't walk.
Last Agent to Sell the Property
Shiya Umpant
The Real Estate Connect License #01330602 Listed on: 09/05/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,986
Year Built
- Built in 1957
Lot Details
- 7,491 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Private Yard
- Lawn
- Front Yard
Home Design
- Traditional Architecture
- Property Attached
- Raised Foundation
- Shingle Roof
- Partial Copper Plumbing
Interior Spaces
- 2,304 Sq Ft Home
- 1-Story Property
- Living Room
- Gas Cooktop
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 11799
- Assessor Parcel Number 6241009012
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
- Gardener Expense $960
- Insurance Expense $1,140
- Trash Expense $1,464
- Water Sewer Expense $1,200
- New Taxes Expense $7,500
- Gross Income $3,550
- Net Operating Income $33,036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2024
Sold by
Doshi Pallavi Mahesh and Doshi Nishma
Bought by
Blue Sky Trust and Golden State Trust
Current Estimated Value
Purchase Details
Closed on
Mar 22, 2021
Sold by
Doshi Pallavi Mahesh and The Blue Sky Trust
Bought by
Doshi Pallavi Mahesh and Doshi Nishma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,800
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2019
Sold by
Doshi Nishma and The Golden State Trust
Bought by
Doshi Pallavi Mahesh and The Blue Sky Trust
Purchase Details
Closed on
Sep 14, 2017
Sold by
Vantassel William J
Bought by
Doshi Nishma and The Golden State Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
3.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2017
Sold by
Hj & Wjv Llc
Bought by
Vantassel William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 5, 2016
Closed on
Sep 14, 2016
Sold by
Bhavilai Udomchoke and Bhavilai Puntipa
Bought by
Hj & Wjv Llc
Seller's Agent
Shiya Umpant
The Real Estate Connect
Buyer's Agent
William Van Tassel
Power Brokers Realty
List Price
$599,800
Sold Price
$599,625
Premium/Discount to List
-$175
-0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Purchase Details
Closed on
Mar 28, 2012
Sold by
Bhavilai Udomchoke and Bhavilai Puntipa
Bought by
Bhavilai Udomchoke and Bhavilai Puntipa
Purchase Details
Closed on
Oct 17, 2011
Sold by
Pender Teresa
Bought by
Bhavilai Udomchoke and Bhavilai Puntipa
Purchase Details
Closed on
Apr 28, 2004
Sold by
Nix Berneda Mae and Trust W
Bought by
Pender Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Paramount, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blue Sky Trust | -- | None Listed On Document | |
| Doshi Pallavi Mahesh | -- | American Coast Title | |
| Doshi Pallavi Mahesh | -- | None Available | |
| Doshi Nishma | $662,000 | First American Title Co Resi | |
| Vantassel William J | -- | First American Title Co Resi | |
| Hj & Wjv Llc | $600,000 | First American Title Company | |
| Bhavilai Udomchoke | -- | None Available | |
| Bhavilai Udomchoke | $360,000 | First American Title Company | |
| Pender Teresa | $365,000 | Fatcola |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Doshi Pallavi Mahesh | $485,800 | |
| Previous Owner | Doshi Nishma | $496,500 | |
| Previous Owner | Doshi Nishma | $496,500 | |
| Previous Owner | Pender Teresa | $250,000 | |
| Previous Owner | Pender Teresa | $89,997 | |
| Previous Owner | Pender Teresa | $273,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2016 09/25/16 | Sold | $599,625 | 0.0% | $260 / Sq Ft |
| 09/12/2016 09/12/16 | Pending | -- | -- | -- |
| 09/05/2016 09/05/16 | For Sale | $599,800 | -- | $260 / 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 |
|---|---|---|---|---|
| 2024 | $9,986 | $738,470 | $406,046 | $332,424 |
| 2023 | $9,804 | $723,991 | $398,085 | $325,906 |
| 2022 | $9,547 | $709,796 | $390,280 | $319,516 |
| 2021 | $9,330 | $695,879 | $382,628 | $313,251 |
| 2020 | $9,125 | $688,744 | $378,705 | $310,039 |
| 2019 | $9,566 | $675,240 | $371,280 | $303,960 |
| 2018 | $8,882 | $662,000 | $364,000 | $298,000 |
| 2016 | $5,099 | $381,971 | $210,084 | $171,887 |
| 2015 | $4,821 | $376,235 | $206,929 | $169,306 |
| 2014 | $4,941 | $368,866 | $202,876 | $165,990 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2016
Shiya Umpant
The Real Estate Connect
-
William Van Tassel
W
Buyer's Agent in 2016
William Van Tassel
Power Brokers Realty
(562) 433-8967
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW16195521
APN: 6241-009-012
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