$1,400,000
SOLD MAY 18, 2018

8329 Paramount Blvd Pico Rivera, CA 90660

8 Beds
8 Baths
3,616 Sq Ft
6,245 Sq Ft Lot

Recently Sold

$387 Per Sq Ft

43 Days on Market

About This Home

As of January 2022

Easy access to 5 free way and walking distance to school and shopping mall. Great location and investment.

Last Agent to Sell the Property

Young Kim

Koinos Real Estate Group License #01886738 Listed on: 03/20/2018

Last Buyer's Agent

Teresa Wang

Century Commercial RE Services License #01772547

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,245 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 9 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15929
  • Assessor Parcel Number 6368012027

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $336
  • Fuel Expense $1,740
  • Gardener Expense $600
  • Insurance Expense $2,500
  • Professional Management Expense $6,000
  • Trash Expense $2,040
  • Water Sewer Expense $2,400
  • New Taxes Expense $12,792
  • Operating Expense $29,868
  • Gross Income $90,000
  • Net Operating Income $60,132

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

9

Listing Details

  • CapRate: 4.30
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: PRCG*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6368012027
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 387.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 9.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6245.00

Multi Family

  • Electric Expense: 336.00
  • Fuel Expense: 1740.00
  • Gross Income: 90000.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 60132.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 29868.00
  • Other Income Description: extra income throuhg Laundry
  • Rent Control: No
  • Total Actual Rent: 7500.00
  • Total Expenses: 29868.00

Tax Info

  • New Taxes Expense: 12792.00
  • Tax Census Tract: 5025.00
  • Tax Lot: 2
  • Tax Tract Number: 15929

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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

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $1,900,000 +5.7% $525 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $1,798,000 +28.4% $497 / Sq Ft
05/18/2018 05/18/18 Sold $1,400,000 0.0% $387 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $1,400,000 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Teresa Wang

    Seller's Agent in 2022

    Teresa Wang

    Century Commercial RE Services

    (626) 500-5789

    1 in this area

    24 Total Sales

    Teresa Wang
    Section Image

  • R

    Buyer's Agent in 2022

    Ruben Fuentes

    Ruben Fuentes, Broker

    Section Image
  • Young Kim

    Seller's Agent in 2018

    Young Kim

    Koinos Real Estate Group

    (949) 292-1537

    85 Total Sales

    Young Kim
    Section Image

  • S

    Buyer's Agent in 2018

    Sheng Wang

    Century 21 Care

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18063798

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Pico Rivera 90660

8329 Paramount Blvd, Pico Rivera, CA

This home is located at 8329 Paramount Blvd, Pico Rivera, CA 90660 and is currently priced at $1,400,000, approximately $387 per square foot. This property was built in 1958. 8329 Paramount Blvd is a home located in Los Angeles County with nearby schools including Magee Academy of Arts & Sciences, The STEAM Academy @ Burke, and El Rancho 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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