8223 Quimby St Paramount, CA 90723

2 beds · 1 bath · 897 sq ft · Lot Size: 2,375 sq ft · Single Family Home · Paramount
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8223 Quimby St is in the Paramount neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Single Family Home was built in 1957 and is approximately 68 years old. The single family home spans 897 sq ft with 2 bedrooms and 1 bathroom and sits on a 2375 sq ft lot. The Paramount area of Paramount has 1228 residential homes. Analyze and compare real estate investment strategies for properties like this home at 8223 Quimby St Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 8223 Quimby St

The property has a current estimated value of $595,328, which is 3% above the neighborhood median. Projected long-term rental income is $46,200 annually ($3,850 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$46,200 per year($3,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Owners & Occupancy for 8223 Quimby St

This property is owned by Ines O Ortiz. Owner contact information includes 3 phone numbers and 3 email addresses.

Property Owners

Cell Phone(562) ***-****
Residence**********
Landline(562) 633-6484+ 1 more
Distance from Property**********
Email Address***********@yahoo.com

Property Ownership Information

Property Tax Amount$1,055 in 2023

Occupancy

Resident 1**************** age 68
Resident 2**************** age 75

Property Details for 8223 Quimby St

Property Details

Property Sq Ft

Living Area

897 sq ft

Compare to Paramount

Lot Size

2,375 sq ft

Compare to Paramount

Price Per Sq Ft

Living Area

$664 / sq ft

Compare to Paramount

Lot Size Area

$251 / sq ft

Compare to Paramount
Property condition, age, exterior, etc. for 8223 Quimb…
Longitude: -118.15497 Latitude: 33.906162 Parcel Number (APN): 6265-019-042…
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Market Benchmarks

Compare data for 8223 Quimby St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$595,328
$561,307
$34,021 (6%)
$704,713
$28,895 (4%)
YoY Price Change
1.67%
302%
Year Built
1957
1952
5 years
Living Space
897 sq ft
1,134 sq ft
-237 (-21%)
$ Per Living Sq Ft
$664
$494
$170 (34%)
Lot Size
2,375 sq ft
6,300 sq ft
-3925 (-62%)
$ Per Lot Sq Ft
$251
$97
$154 (158%)

Net Operating Income
$31,816
$2,818 (9%)
Annual Revenue
$46,200
$46,200
$0 (0%)
$11,934
-$368 (-3%)
Net Operating Income
$31,816
$2,818 (9%)
Cap Rate
4.88%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians