7309 Walnut Ave Paramount, CA 90723

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3 beds · 2 baths · 1,112 sq ft · Lot Size: 5,086 sq ft · Single Family Home
Est. Property Value: $635,561

High Demand Long-Term RentalOwned for 25 - 50 YearsOwner Age 45 - 55

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7309 Walnut Ave is in the 90723 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 and has a tax-assessed value of $506,160, which is $572 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7309 Walnut Ave Paramount, CA 90723 with Property Intel by Whitepages.

7309 Walnut Ave

Paramount, CA 90723

Neighborhood

Owners & Occupancy for 7309 Walnut Ave

This property is owned by Maria Irene Castillo. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence***************
Landline(213) 975-9429
Distance from Property**********
Email Address************@yahoo.comView Email

Cell Phone(562) ***-****View Cell Phone
Residence*************
Landline(562) 929-9378
Distance from Property**********
Email Address*************@alltell.netView Email
Other owned properties (2)
View All Owner Info

Occupancy

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

Property Financials for 7309 Walnut Ave

7309 Walnut Ave, Paramount, CA has a mortgage (orig. April 17, 2006). The Los Angeles county assessment for 2024 values it at $506,160, with annual taxes of $3,372.

Mortgage & Equity Information

Loan Amount$******
Origination DateApril 17, 2006
Interest Rate****%
Term30 Years
Rate TypeAdjustable
Est Balance$********
Due Date************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMay 18, 2000
Property Tax Amount$3,372 in 2023
Purchase Price$144,665
Assessed Value$506,160 on 2024

Investment Potential for 7309 Walnut Ave

The property has a current estimated value of $635,561, which is 6% below the zip median, based on public records. It last sold on May 18, 2000 for $145K. Projected long-term
is $45,000 annually ($3,750 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 90723.
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Long-Term

Gross Rental
$45,000 per year($3,750 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Property Details for 7309 Walnut Ave

Property Details

Property Sq Ft

Living Area

1,112 sq ft

14% below market

Lot Size

5,086 sq ft

5% below market

Price Per Sq Ft

Living Area

$572 / sq ft

8% above market

Lot Size Area

$125 / sq ft

1% above market

Property condition, age, exterior, etc. for 7309 Walnu…
Longitude: -118.172498 Latitude: 33.915534 Parcel Number (APN): 6236-011-017…

Recommended Properties in 90723

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 zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$635,561
$639,752
-$4,191 (-1%)
—
—
—
YoY Price Change
****%
1.38%
495%
Year Built
1953
1971
-18 years
Living Space
1,112 sq ft
1,519 sq ft
-407 (-27%)
$ Per Living Sq Ft
$572
$420
$151 (36%)
Lot Size
5,086 sq ft
7,020 sq ft
-1934 (-28%)
$ Per Lot Sq Ft
$125
$88
$37 (41%)

Net Operating Income
$*****
$26,724
$4,266 (16%)
Annual Revenue
$45,000
$44,400
$600 (1%)
$*****
$14,609
-$599 (-4%)
Net Operating Income
$*****
$26,724
$4,266 (16%)
Cap Rate
****%
4.21%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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