7422 Walnut Ave Paramount, CA 90723

4 beds · 2 baths · 1,440 sq ft · Lot Size: 5,014 sq ft · Single Family Home · South Gate
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7422 Walnut Ave is in the South Gate neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Single Family Home was built in 1927 and is approximately 98 years old. The single family home spans 1440 sq ft with 4 bedrooms and 2 bathrooms and sits on a 5014 sq ft lot. According to public records, it was last sold in 2014 for $435,000. The South Gate area of Paramount has 1388 residential homes. Analyze and compare real estate investment strategies for properties like this home at 7422 Walnut Ave Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 7422 Walnut Ave

The property has a current estimated value of $676,077, which is 8% below the neighborhood median, based on public records. It last sold on December 19, 2014 for $435K. Projected long-term
is $47,400 annually ($3,950 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$47,400 per year($3,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Owners & Occupancy for 7422 Walnut Ave

This property is owned by Deisi Yojana Ramirez. Owner contact information includes 9 phone numbers and 2 email addresses.

Property Owners

Cell Phone(714) ***-****
Residence*************
Landline(714) 836-5239+ 5 more
Distance from Property**********
Email Address***********@hotmail.com
Cell Phone(714) ***-****
Residence*************
Distance from Property**********
Email Address*********@hotmail.com

Property Ownership Information

Purchase DateDecember 19, 2014
Property Tax Amount$6,642 in 2023
Purchase Price$435,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 48
Resident 2*************** age 51
Resident 3********************* age 25
Resident 4*******************

Property Details for 7422 Walnut Ave

Property Details

Property Sq Ft

Living Area

1,440 sq ft

Compare to South Gate

Lot Size

5,014 sq ft

Compare to South Gate

Price Per Sq Ft

Living Area

$469 / sq ft

Compare to South Gate

Lot Size Area

$135 / sq ft

Compare to South Gate
Property condition, age, exterior, etc. for 7422 Walnu…
Longitude: -118.169994 Latitude: 33.913857 Parcel Number (APN): 6236-013-002…
Mortgage originated on through lender: Wickland Family Trust (pt) for$******View Mortgage Details
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Market Benchmarks

Compare data for 7422 Walnut Ave in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$676,077
$836,803
-$160,726 (-19%)
$1,068,637
-$235,523 (-22%)
YoY Price Change
1.04%
1281%
Year Built
1927
1981
-54 years
Living Space
1,440 sq ft
2,262 sq ft
-822 (-36%)
$ Per Living Sq Ft
$469
$410
$60 (15%)
Lot Size
5,014 sq ft
7,616 sq ft
-2602 (-34%)
$ Per Lot Sq Ft
$135
$111
$24 (22%)

Net Operating Income
$27,317
$2,188 (8%)
Annual Revenue
$47,400
$45,600
$1,800 (4%)
$17,435
$460 (3%)
Net Operating Income
$27,317
$2,188 (8%)
Cap Rate
3.18%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians