$799,500 Price Analysis   ♡   Paramount, CA 90723 3 bed 2 bath 1,488 SqFt ($537/SqFt) 7,500SqFt lot. Built 1922 Listed 2024-03-28, Taxes $1,272 | Ⓧ USDA Ineligible due to price & location near Paramount |
Welcome to this fabulous investment opportunity
* Has Contingent Offer *Offering the perfect blend of comfort, space and potential income! This unique and sizeable lot features TWO detached houses, TWO detached garages and a HUGE detached barn structure. This unique property presents a versatile opportunity for both homeowners and investors alike. The front house boasts functionality with two bedrooms and one bathroom, a generously sized kitchen, living room, service porch with laundry hookups and detached one car garage with long driveway for ample parking. The back unit is currently being utilized as a one bedroom, one bathroom home, but shows up on th tax records as having two bedrooms. The back unit could easily be converted back into a two bedroom, one bathroom home. It has an extremely large kitchen, laundry room with hookups and generously sized detached two car garage with a permitted room attached, that is currently being used as an additional storage area. The existing (detached) two car garage with the permitted room, is potentially a sizeable Accessory Dwelling Unit (ADU). If that is not enoughthere is another structure on the property. A huge, oversized barn structure, that could easily fit 4+ cars with room to spare. This structure might be a extraordinary future garage, who knows!
This duplex (with 5 separate structures on the lot) is a diamond in the rough, ready to be transformed into a gem. With a little updating and some TLC, it has the potential to become a welcoming, stylish and valuable property. Each unit enjoys its own private outdoor area. YOU CAN BUY AS AN INVESTOR OR AS A FIRST-TIME BUYER, LIVE IN ONE AND RENT THE OTHER ONE FOR ADDITIONAL INCOME. The options are unlimited! Being sold in as is condition.
Presented by Melissa Mihalik at
Coldwell Banker Realty .
Property MLS #PW24058535 from CRMLS
Formica Counters
Flooring: Carpet, Tile
Appliances YN: Yes
Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
Heating: Yes
Other Structures: Shed(s)
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Lot Size Acres: 0.1721763
Lot Size Source: Assessor
Lot Size Square Feet: 7500
Parking Features: Parking YN: Yes, Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door
Parking Total: 6
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 2
Tenant Pays: Electricity, Gas
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Exclusions: All Washers & Dryers, Window AC units
Insurance Expense: 1954.00
Area: RK - Paramount South of Somerset
Source Neighborhood: RK - Paramount South of Somerset
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 7102015009
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $7,566 + $32,770 $40,336 | $1,272 |
| 2021 | $7,418 + $32,128 $39,546 | $1,243 |
| 2020 | $7,342 + $31,799 $39,141 | $1,228 |
| 2019 | $7,199 + $31,176 $38,375 | $1,247 |
| 2018 | $7,058 + $30,565 $37,623 | $1,048 |
| 2017 | $6,920 + $29,966 $36,886 | $1,023 |
| 2016 | $6,785 + $29,379 $36,164 | $959 |
| 2015 | $6,684 + $28,938 $35,622 | $928 |
| 2014 | $6,554 + $28,372 $34,926 | $948 |
| 2013 | $6,525 + $28,244 $34,769 | $932 |
| 2012 | $6,398 + $27,691 $34,089 | $920 |
| 2010 | $6,273 + $27,149 $33,422 | $877 |
| 2009 | $6,242 + $27,012 $33,254 | $864 |
| 2009 | $6,227 + $26,947 $33,174 | $864 |
| 2008 | $6,120 + $26,483 $32,603 | $836 |
| 2007 | $6,000 + $25,964 $31,964 | $790 |
$799,500
CRMLS
Year Built: 1922
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Wood Siding
Entry Level: 1
Entry Location: Front Door
Foundation Details: Raised
Property Age: 102
Roof: Composition
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
House Style: Bungalow
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.