Neighborhood
8850 Paseo St, Paramount, CA 90723
3 beds · 3 baths · 1,633 sq ft · Lot: 6,265 sq ft · Single Family Home · Built: 1947
Est. Value:
$722K
Est. Rent:
$3.9K/month

8850 Paseo St Paramount, CA 90723

3 beds · 3 baths · 1,633 sq ft · Lot Size: 6,265 sq ft · Single Family Home · Paramount
Est. Property Value: $721,569

High Demand Long-Term Rental

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8850 Paseo 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 1633 sq ft with 3 bedrooms and 3 bathrooms and sits on a 6265 sq ft lot. The Paramount area of Paramount has 1753 residential homes with an average size of 1282 sq ft. Analyze and compare real estate investment strategies for properties like this home at 8850 Paseo St Paramount, CA 90723 with Property Intel by Whitepages.

Investment Potential for 8850 Paseo St

The property has a current estimated value of $721,569, which is 8% above the neighborhood median. Projected long-term rental income is $46,200 annually ($3,850 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$46,200 per year($3,850 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 8850 Paseo St

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1*********

Property Details for 8850 Paseo St

Property Details

Property Sq Ft

Living Area

1,633 sq ft

27% above market

Lot Size

6,265 sq ft

17% above market

Price Per Sq Ft

Living Area

$442 / sq ft

14% below market

Lot Size Area

$115 / sq ft

6% below market

Property condition, age, exterior, etc. for 8850 Paseo…
Longitude: -118.143348 Latitude: 33.894317 Parcel Number (APN): 6268-022-035…
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Recommended Properties in Paramount

Discover more single family homes near 8850 Paseo St 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.

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    3 beds · 1 baths · 1,370 sq ft · Built: 1954

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    7320 Motz St, Paramount, CA 90723

    3 beds · 1 baths · 978 sq ft · Built: 1939

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    7552 Adams St, Paramount, CA 90723

    3 beds · 2 baths · 1,080 sq ft · Last Sold: $143,000 in 1999 · Built: 1962

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    Est. Value

    15306 Hayter Ave, Paramount, CA 90723

    3 beds · 2 baths · 1,041 sq ft · Last Sold: $386,000 in 2017 · Built: 1927

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    15716 Hayter Ave, Paramount, CA 90723

    3 beds · 2 baths · 1,542 sq ft · Built: 1956

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    13921 Racine Ave, Paramount, CA 90723

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    15933 Georgia Ave, Paramount, CA 90723

    3 beds · 1 baths · 1,267 sq ft · Built: 1939

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    Est. Value

    15157 Rancho Clemente Dr, Paramount, CA 90723

    3 beds · 2 baths · 1,406 sq ft · Built: 1987

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    Est. Value

    8137 Alhambra Ave, Paramount, CA 90723

    3 beds · 1 baths · 1,599 sq ft · Last Sold: $360,000 in 2004 · Built: 1939

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    Est. Value

    15327 Oliva Ave, Paramount, CA 90723

    3 beds · 1 baths · 1,461 sq ft · Last Sold: $229,000 in 2003 · Built: 1906

Market Benchmarks

Compare data for 8850 Paseo St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$721,569
$643,512
$78,056 (12%)
$******
$806,439
$82,732 (10%)
YoY Price Change
****%
1.38%
539%
Year Built
1947
1971
-24 years
Living Space
1,633 sq ft
1,518 sq ft
115 (8%)
$ Per Living Sq Ft
$442
$429
$13 (3%)
Lot Size
6,265 sq ft
7,020 sq ft
-755 (-11%)
$ Per Lot Sq Ft
$115
$93
$22 (24%)

Net Operating Income
$*****
$29,327
$4,502 (15%)
Annual Revenue
$46,200
$45,600
$600 (1%)
$*****
$13,826
-$1,455 (-11%)
Net Operating Income
$*****
$29,327
$4,502 (15%)
Cap Rate
****%
4.12%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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