7022 San Mateo St Paramount, CA 90723

1 bed · 1 bath · 900 sq ft · Lot Size: 6,081 sq ft · Single Family Home · Paramount
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7022 San Mateo 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 1947 and is approximately 78 years old. The single family home spans 900 sq ft with 1 bedroom and 1 bathroom and sits on a 6081 sq ft lot. According to public records, it was sold for $12,500. The Paramount area of Paramount has 88 residential homes. Analyze and compare real estate investment strategies for properties like this home at 7022 San Mateo St Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 7022 San Mateo St

The property has a current estimated value of $616,958, which is 22% above the neighborhood median, based on public records. It last sold for $12,500. Projected long-term
is $46,800 annually ($3,900 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$46,800 per year($3,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Owners & Occupancy for 7022 San Mateo St

This property is owned by Margaret A Shutts. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Cell Phone(562) ***-****
Residence*************
Landline(239) 772-7138+ 1 more
Distance from Property**********
Email Address************@yahoo.com

Property Ownership Information

Property Tax Amount$2,051 in 2023
Purchase Price$12,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 55
Resident 2************** age 81
Resident 3***************** age 77

Property Details for 7022 San Mateo St

Property Details

Property Sq Ft

Living Area

900 sq ft

Compare to Paramount

Lot Size

6,081 sq ft

Compare to Paramount

Price Per Sq Ft

Living Area

$686 / sq ft

Compare to Paramount

Lot Size Area

$101 / sq ft

Compare to Paramount
Property condition, age, exterior, etc. for 7022 San M…
Longitude: -118.176693 Latitude: 33.898589 Parcel Number (APN): 6237-003-007…
Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details
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Market Benchmarks

Compare data for 7022 San Mateo St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$616,958
$441,721
$175,237 (40%)
$561,796
$198,466 (35%)
YoY Price Change
1.9%
211%
Year Built
1947
1949
-2 years
Living Space
900 sq ft
759 sq ft
141 (19%)
$ Per Living Sq Ft
$686
$481
$205 (43%)
Lot Size
6,081 sq ft
7,405 sq ft
-1324 (-18%)
$ Per Lot Sq Ft
$101
$75
$26 (35%)

Net Operating Income
$36,100
-$2,099 (-6%)
Annual Revenue
$46,800
$46,800
$0 (0%)
$8,395
$4,404 (52%)
Net Operating Income
$36,100
-$2,099 (-6%)
Cap Rate
6.23%
Home Value Comparison: Property vs. Local and Regional 1-Bed Single Family Home Medians