8519 Madison St Paramount, CA 90723

4 beds · 2 baths · 1,698 sq ft · Lot Size: 7,919 sq ft · Single Family Home · Paramount
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Valued above Market MedianOwned for 25 - 50 YearsOwner Age 25 - 35

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8519 Madison 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 1966 and is approximately 59 years old. The single family home spans 1698 sq ft with 4 bedrooms and 2 bathrooms and sits on a 7919 sq ft lot. According to public records, it was last sold in 1999 for $196,000. The Paramount area of Paramount has 880 residential homes. Analyze and compare real estate investment strategies for properties like this home at 8519 Madison St Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 8519 Madison St

The property has a current estimated value of $876,951, which is 16% above the neighborhood median, based on public records. It last sold on September 08, 1999 for $196K. Projected long-term
is $45,600 annually ($3,800 per month) with a 96% occupancy rate.

Long-Term

Gross Rental
$45,600 per year($3,800 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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Owners & Occupancy for 8519 Madison St

This property is owned by Jesse G Velasco. Owner contact information includes 6 phone numbers and 2 email addresses.

Property Owners

Residence*************
Landline(626) 333-5330+ 5 more
Distance from Property**********
Email Address**********@yahoo.com

Cell Phone(323) ***-****
Residence*************
Landline(602) 277-9514+ 7 more
Distance from Property**********
Email Address*******@hotmail.com
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Property Ownership Information

Purchase DateSeptember 08, 1999
Property Tax Amount$4,173 in 2023
Purchase Price$196,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 51
Resident 2**************** age 50
Resident 3**************

Property Details for 8519 Madison St

Property Details

Property Sq Ft

Living Area

1,698 sq ft

Compare to Paramount

Lot Size

7,919 sq ft

Compare to Paramount

Price Per Sq Ft

Living Area

$516 / sq ft

Compare to Paramount

Lot Size Area

$111 / sq ft

Compare to Paramount
Compare to Neighborhood Median
Property condition, age, exterior, etc. for 8519 Madis…
Longitude: -118.150615 Latitude: 33.891297 Parcel Number (APN): 6268-015-028…
Mortgage originated on through lender: Guild Mtg Co for$******View Mortgage Details
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Market Benchmarks

Compare data for 8519 Madison St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$876,951
$836,803
$40,148 (5%)
$*******
$1,068,637
$12,009 (1%)
YoY Price Change
****%
1.04%
537%
Year Built
1966
1981
-15 years
Living Space
1,698 sq ft
2,262 sq ft
-564 (-25%)
$ Per Living Sq Ft
$516
$410
$107 (26%)
Lot Size
7,919 sq ft
7,616 sq ft
303 (4%)
$ Per Lot Sq Ft
$111
$111
$0 (0%)

Net Operating Income
$*****
$27,317
$1,657 (6%)
Annual Revenue
$45,600
$45,600
$0 (0%)
$*****
$17,435
-$809 (-5%)
Net Operating Income
$*****
$27,317
$1,657 (6%)
Cap Rate
****%
3.18%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians