8018 1st Street

Paramount, CA 90723

$818,000
Last Sold Price
4
Beds
2
Baths
1,904 Sq. Ft.
$430 / Sq. Ft.
1,904
Sq. Ft.
$430
per Sq. Ft.

Description

Introducing 1st Street's duplex in Paramount city, a prime investment prospect with two distinct units, each offering 2 bedrooms and 1 bathroom. Front unit has a 1 car garage with laundry hook ups, While back unit has 2 single car garages also with laundry hook ups. Consider living in one while leasing the other, front unit can be occupied by the new owner. This property boasts ample driveway parking and three garage spaces. Each unit enjoys its private outdoor area. With separate gas and electric...Introducing 1st Street's duplex in Paramount city, a prime investment prospect with two distinct units, each offering 2 bedrooms and 1 bathroom. Front unit has a 1 car garage with laundry hook ups, While back unit has 2 single car garages also with laundry hook ups. Consider living in one while leasing the other, front unit can be occupied by the new owner. This property boasts ample driveway parking and three garage spaces. Each unit enjoys its private outdoor area. With separate gas and electric meters, this low-maintenance property is an attractive option for investors or owner occupied buyers. Don't miss the chance to explore this property in person at 8018 1st Street in Paramount.
  1. Listed by Dusty Mulhearn • DRE #01909037 • Brokerage DRE #02022092 • Real Broker

Property Details for 8018 1st Street

Parking Spaces Total
3
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1904
Assessor Parcel Number
6241-013-005
Property Attached YN
false

Location

Listing Courtesy of Real Broker, Dusty Mulhearn, DRE #01909037

Sold By Excellence RE Real Estate, EVAN GARCIA, DRE #01718402

Add your commute
LISTING UPDATED: 12/19/2023 08:16 AM

Property Details for 8018 1st Street

StatusClosed
MLS #OC23148211
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.16 AC / 6,844 SF
CountyLos Angeles County

Location

Listing Courtesy of Real Broker, Dusty Mulhearn, DRE #01909037

Sold By Excellence RE Real Estate, EVAN GARCIA, DRE #01718402

Add your commute

Building Information for 8018 1st Street

Stories1Residences-Year Built1969Building Size-Lot Size0.16 AC / 6,844 SF

Payment Calculator

$4,856 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,464

Property Taxes

$392

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8018 1st Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $42,000
  • Gross Scheduled Income: $3,500
  • Gross Operating Income: $42,000
  • Net Operating Income: $38,249
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $3,751
  • Electric Expense: $0
  • Insurance Expense: $695
  • Maintenance Expense: $2,000
  • Other Expense: $1,055
  • Other Expense Description: WaterTra
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $3,751
Tax / Assessment Info
  • Tax Tract Number: 579
  • Tax Census Tract: 5535.02
  • CFD/Mello-Roos Fee: $780
  • Tax Lot: 105
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $20,400
  • Unit Type Pro Forma: 2350
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $21,600
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 8018 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8018 1st Street

Taxable ValueLand$194,107Additions$129,009Total$323,116
Tax Record2023$4,705 ($392 / month)
Home Facts
Total Finished SqFt1,904 SqFtAbove Grade Finished SqFt1,904 SqFtLot Size6,844 SqFtStyleDuplexYear Built1969ZoningPARM*CountyLOS ANGELESAPN6241-013-005

Schools near 8018 1st Street

This home is within Paramount Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Harry Wirtz Elementary School
PublicK to 5

Paramount Park Middle School
Public6 to 8

Buena Vista High School
Public9 to 12

Paramount High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Dusty Mulhearn, DRE #01909037

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.