7309 Walnut Ave Paramount, CA 90723

3 beds · 2 baths · 1,112 sq ft · Lot Size: 5,086 sq ft · Single Family Home · Paramount
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7309 Walnut Ave 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 1953 and is approximately 72 years old. The single family home spans 1112 sq ft with 3 bedrooms and 2 bathrooms and sits on a 5086 sq ft lot. According to public records, it was last sold in 2000 for $144,665. The Paramount area of Paramount has 1753 residential homes. Analyze and compare real estate investment strategies for properties like this home at 7309 Walnut Ave Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 7309 Walnut Ave

The property has a current estimated value of $616,255, which is 7% below the neighborhood median, based on public records. It last sold on May 18, 2000 for $145K. Projected long-term
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 7309 Walnut Ave

This property is owned by Jose L Castillo. Owner contact information includes 10 phone numbers and 4 email addresses.

Property Owners

Cell Phone(562) ***-****
Residence*************
Landline(562) 408-6963+ 8 more
Distance from Property**********
Email Address*************@alltell.net
Residence***************
Landline(213) 975-9429
Distance from Property**********
Email Address************@yahoo.com

Property Ownership Information

Purchase DateMay 18, 2000
Property Tax Amount$3,372 in 2023
Purchase Price$144,665

Occupancy

Resident 1*******************
Resident 2****************** age 43
Resident 3**************** age 51
Resident 4********************** age 51
Resident 5******************* age 74
Resident 6*************** age 66
Resident 7************************ age 27

Property Details for 7309 Walnut Ave

Property Details

Property Sq Ft

Living Area

1,112 sq ft

Compare to Paramount

Lot Size

5,086 sq ft

Compare to Paramount

Price Per Sq Ft

Living Area

$554 / sq ft

Compare to Paramount

Lot Size Area

$121 / sq ft

Compare to Paramount
Property condition, age, exterior, etc. for 7309 Walnu…
Longitude: -118.172498 Latitude: 33.915534 Parcel Number (APN): 6236-011-017…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Discover more single family homes near 7309 Walnut Ave in Paramount, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7309 Walnut Ave in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$616,255
$643,512
-$27,258 (-4%)
$806,439
-$47,043 (-6%)
YoY Price Change
1.38%
495%
Year Built
1953
1971
-18 years
Living Space
1,112 sq ft
1,518 sq ft
-406 (-27%)
$ Per Living Sq Ft
$554
$429
$125 (29%)
Lot Size
5,086 sq ft
7,020 sq ft
-1934 (-28%)
$ Per Lot Sq Ft
$121
$93
$28 (31%)

Net Operating Income
$29,327
$2,839 (10%)
Annual Revenue
$46,200
$45,600
$600 (1%)
$13,826
$208 (2%)
Net Operating Income
$29,327
$2,839 (10%)
Cap Rate
4.12%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians