NOT LISTED FOR SALE

8300 Paramount Blvd Pico Rivera, CA 90660

Estimated Value: $831,000 - $869,000

2 Beds
2 Baths
1,704 Sq Ft
$498/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $820,000 $481 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,680/month

6 Days on Market

Highlights

  • Fireplace
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2023

Welcome to your dream home! Nestled in a sought-after location near Downey, this exquisite duplex offers the perfect blend of elegance and functionality.
As you step into this enchanting property, you'll be captivated by its flawless design. The living and dining areas seamlessly flow together, creating a harmonious space where cherished memories will be made. The plush flooring and warm, inviting color palette to add a touch of sophistication, while the abundant natural light fills the room, creating an atmosphere of tranquility.
Prepare to be amazed by the kitchen, a culinary haven that will ignite your inner chef. Adorned with stunning granite countertops and generous cabinets, this space effortlessly combines style and practicality. Whip up delectable meals and entertain guests with ease, all while relishing in the beauty of your surroundings.
The two-bedroom, one-bath units are thoughtfully designed to provide the utmost comfort and privacy for every member of your family. Each unit boasts its own private patio, offering a serene retreat where you can unwind and enjoy the gentle breeze. The cozy layout ensures that all occupants have their own personal haven, while the well-distributed space allows for communal gatherings and shared moments of joy.
Beyond the walls of this magnificent duplex, you'll discover a world of convenience and luxury. The property features a two-car garage and a spacious driveway, providing ample parking for you and your guests. The back patio is a hidden oasis with fruit trees, where you can bask in the sunshine or indulge in al fresco dining amidst the lush landscaping.
The location of this duplex is simply unbeatable. With easy access to the freeway, commuting will be a breeze, allowing you to effortlessly explore the vibrant city and all it has to offer. Whether you're seeking entertainment, shopping, or dining options, everything you desire is just a stone's throw away.
Solar panel has been payoff however is not connected. The two units will be vacant at close.

Last Listed By

Sonia Moncayo

ROA California Inc. License #01736947 Listed on: 10/23/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,461

Year Built

  • Built in 1950

Lot Details

  • 6,263 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Fireplace in Patio
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 15929
  • Assessor Parcel Number 6368013008
  • $3,314 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $140
  • Gardener Expense $100
  • Insurance Expense $100
  • Other Expense $340
  • Trash Expense $80
  • Water Sewer Expense $100
  • Operating Expense $520
  • Gross Income $78,000
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,461

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5627871040
  • Price Per Unit: 400000
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: PRRM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 6368013008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Patio
  • Levels: One
  • Price Per Square Foot: 481.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6263.00
  • Lot Size Acres: 0.1438

Multi Family

  • Electric Expense: 140.00
  • Gross Income: 78000.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 6263.0000 Square Feet
  • Net Operating Income: 73200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 4800.00
  • Other Expense: 340.00
  • Rent Control: No
  • Total Expenses: 520.00

Tax Info

  • Tax Census Tract: 5025.00
  • Tax Lot: 24
  • Tax Tract Number: 15929
  • TaxOtherAnnualAssessmentAmount: 3314.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Oct 31, 2023
Sold by
Hernandez Luis Alonso and Hernandez Francisca
Bought by
Castanon Cristina
Seller's Agent
Sonia Moncayo
ROA California Inc.
Buyer's Agent
Claudia Lissin
Claudia Lissin, Broker
List Price
$800,000
Sold Price
$820,000
Premium/Discount to List
$20,000
2.5%
Total Days on Market
6
Views
65
Current Estimated Value
$848,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,219
Avg. Annual Appreciation
2.59%
Original Mortgage
$805,147
Outstanding Balance
$795,763
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
$54,834

Purchase Details

Closed on
Apr 10, 2015
Sold by
Hernandez Luis
Bought by
Hernandez Luis Alonso and Hernandez Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,055
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1999
Sold by
Fernandez Jose R
Bought by
Hernandez Luis and Hernandez Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,433
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1994
Sold by
Lopiccolo Carmela
Bought by
Fernandez Dagoberto and Fernandez Alma R

Range of Values:

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Average Value
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List Price
Sold Price
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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
Castanon Cristina $820,000 Chicago Title
Hernandez Luis Alonso -- Pacific Coast Title Company
Hernandez Luis $160,500 First American Title Co
Fernandez Dagoberto $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castanon Cristina $805,147
Previous Owner Hernandez Luis Alonso $352,055
Previous Owner Hernandez Luis $310,000
Previous Owner Hernandez Luis $262,000
Previous Owner Hernandez Luis $187,000
Previous Owner Hernandez Luis $159,433
Closed Hernandez Luis $6,377
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $820,000 +2.5% $481 / Sq Ft
10/31/2023 10/31/23 For Sale $800,000 -2.4% $469 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/27/2023 10/27/23 Off Market $820,000 -- --
10/23/2023 10/23/23 For Sale $800,000 -- $469 / 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 $11,461 $820,000 $620,000 $200,000
2023 $6,186 $243,016 $132,523 $110,493
2022 $5,997 $238,252 $129,925 $108,327
2021 $5,819 $233,581 $127,378 $106,203
2019 $5,768 $226,654 $123,600 $103,054
2018 $5,451 $222,211 $121,177 $101,034
2016 $5,121 $213,583 $116,472 $97,111
2015 $3,248 $210,376 $114,723 $95,653
2014 $3,219 $206,256 $112,476 $93,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23193962

California Regional Multiple Listing Service (CRMLS)

APN: 6368-013-008