Date
Details
Price
Change
Source
1/11/2016
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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7121 San Mateo Street, Paramount, CA 90723
$1,600,000 Sale Pending
7121 San Mateo Street, Paramount, CA 90723View this property at 7121 San Mateo Street, Paramount, CA 90723
7121 San Mateo StreetParamountCA90723
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Property Description
We are pleased to present 7121 & 7126 San Mateo Street, an eight unit multifamily community located between Rosecrans Avenue and Somerset Boulevard just east of Orange Avenue in the great rental market of Paramount, CA.
Located at the end of a quiet residential cul-de-sac, the subject property consists of two separate parcels, one built in 1938 and the other in 1963. The single-story property offers approximately 6,868 rentable square feet on a very large 25,528 square foot lot. The property comprises of 7 two bedroom/one bathroom units, and 1 three bedroom/two bathroom unit. Each unit has its own private lawn, garage, and open parking spaces. The buildings are separately metered for gas and electricity and each unit has its own water heater.
This is a rare opportunity to acquire a quality add-value asset in the excellent rental market of Paramount, CA. The outstanding location, unit mix, and value-add opportunity would make this a great addition to any investor's portfolio.
*Please note this is for the sale of the five unit building at 7121 San Mateo Street and the three unit building at 7126 San Mateo Street, properties to be sold together.
Full Property Details
Full Property Details for 7121 San Mateo St
General
- Price: $1,600,000
- Status: Pending
- Type: Multi-Family
- MLS ID: PW16005979
- Updated: 10/18/2021
- Added: 2, 319 day(s) ago
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 8
- Parking Features: Covered, Driveway, Garage, Uncovered
- Parking: Covered, Driveway, Garage, Uncovered
Location
- Area: RL - Paramount North of Somerset
- County: Los Angeles
- Development Name: RL - Paramount North of Somerset
- Driving Directions: Cross Streets: Somerset Blvd & Garfield Ave
Utilities
- Water: Public
- # Water Meters: 8
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Stories/Levels: One
- Stories Description: One
- Square Feet: 6,868
- Year Built: 1938
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.586
- Lot Size (Sq. Ft.): 25,528
- Lot Size Source: Assessor
- Lot Description: Cul-de-Sac, Front Yard, Garden, Lawn, Irregular Lot, Lot 20000-39999 Sqft, Patio Home, Park Nearby, Yard
Financial Considerations
- Price Per Sq. Ft.: $232.96
- Price Per Unit: 200000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Marcus & Millichap, Ryan Gonzalez
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Listing agent
— 7121 San Mateo St —
Ryan Gonzalez
Marcus & Millichap
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 7121 San Mateo St
School District:Paramount Unified School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
14626 Gundry Ave, Paramount, CA 90723 | K-5 | 0.1 mi | |
|
15733 Orange Ave, Paramount, CA 90723 | 6-8 | 0.6 mi | |
|
Paramount High School West Campus
14708 Paramount Blvd, Paramount, CA 90723 | 9-9 | 0.9 mi | |
|
14429 Downey Ave, Paramount, CA 90723 | 10-12 | 1.3 mi | |
|
Buena Vista High School, Lakewood, CA
3717 Michelson St, Lakewood, CA 90712 | 10-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7121 San Mateo St
Tax History
Tax History for 7121 San Mateo St
Year
Property Taxes
Change
Tax Assessment
Change
2021
$10,956
2%
$736,847
1%
2020
$10,737
-4%
$729,292
2%
2019
$11,200
9%
$714,994
2%
2018
$10,309
3%
$700,976
2%
2017
$9,970
8%
$687,233
2%
2016
$9,266
-2%
$673,758
2%
2015
$9,500
6%
$663,638
2%
2014
$8,992
1%
$650,640
—
2013
$8,933
—
$647,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7121 San Mateo St
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- Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
- 1,170Sq. Ft.
- Single Family
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- Updated 1 day ago
- 3Beds
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- Single Family
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- Updated 6 hours ago
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
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- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,410Sq. Ft.
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7121 San Mateo Street, Paramount, CA 90723 (MLS# PW16005979) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 7121 San Mateo Street is currently listed for $1,600,000 and was received on January 11, 2016. Want to learn more about 7121 San Mateo Street? Do you have questions about finding other Multi-Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.