8700 Chester St Paramount, CA 90723

5 beds · 3 baths · 2,314 sq ft · Lot Size: 6,493 sq ft · Single Family Home · Paramount
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8700 Chester 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 1982 and is approximately 43 years old. The single family home spans 2314 sq ft with 5 bedrooms and 3 bathrooms and sits on a 6493 sq ft lot. According to public records, it was last sold in 1998 for $155,000. The Paramount area of Paramount has 880 residential homes. Analyze and compare real estate investment strategies for properties like this home at 8700 Chester St Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 8700 Chester St

The property has a current estimated value of $875,793, which is 16% above the neighborhood median, based on public records. It last sold on February 10, 1998 for $155K. Projected long-term
is $44,400 annually ($3,700 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$44,400 per year($3,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Owners & Occupancy for 8700 Chester St

This property is owned by Juan Saul Moreno. Owner contact information includes 4 phone numbers and 5 email addresses.

Property Owners

Cell Phone(562) ***-****
Residence*************
Landline(562) 408-4793
Distance from Property**********
Email Address************@att.net

Property Ownership Information

Purchase DateFebruary 10, 1998
Property Tax Amount$5,735 in 2023
Purchase Price$155,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************
Resident 2*********************
Resident 3**************** age 57
Resident 4********************* age 31
Resident 5*********** age 65
Resident 6*******************
Resident 7************* age 62

Property Details for 8700 Chester St

Property Details

Property Sq Ft

Living Area

2,314 sq ft

Compare to Paramount

Lot Size

6,493 sq ft

Compare to Paramount

Price Per Sq Ft

Living Area

$378 / sq ft

Compare to Paramount

Lot Size Area

$135 / sq ft

Compare to Paramount
Property condition, age, exterior, etc. for 8700 Chest…
Longitude: -118.14679 Latitude: 33.889953 Parcel Number (APN): 6268-018-037…
Mortgage originated on through lender: Washington Mutual Bk for$******View Mortgage Details
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Market Benchmarks

Compare data for 8700 Chester St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$875,793
$836,803
$38,990 (5%)
$1,068,637
$10,582 (1%)
YoY Price Change
1.04%
-13%
Year Built
1982
1981
1 year
Living Space
2,314 sq ft
2,262 sq ft
52 (2%)
$ Per Living Sq Ft
$378
$410
-$31 (-8%)
Lot Size
6,493 sq ft
7,616 sq ft
-1123 (-15%)
$ Per Lot Sq Ft
$135
$111
$24 (22%)

Net Operating Income
$27,317
-$934 (-3%)
Annual Revenue
$44,400
$45,600
-$1,200 (-3%)
$17,435
$582 (3%)
Net Operating Income
$27,317
-$934 (-3%)
Cap Rate
3.18%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians