8548 Elburg St D Paramount, CA 90723

3 beds · 2 baths · 1,132 sq ft · Lot Size: 167,077 sq ft · Residential Condominium
Est. Property Value: $503,693

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8548 Elburg St D is in the 90723 neighborhood of Paramount, CA. It is located in Los Angeles County and ZIP code 90723. This Residential Condominium was built in 1978 and is approximately 47 years old. The residential condominium spans 1132 sq ft with 3 bedrooms and 2 bathrooms and sits on a 167077 sq ft lot. According to public records, it was last sold in 2016 for $280,000 and has a tax-assessed value of $396,270, which is $445 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 8548 Elburg St D Paramount, CA 90723 with Property Intel by Whitepages.

Owners & Occupancy for 8548 Elburg St D

No contact information is available.

Occupancy

Resident 1***************** age 49
Resident 2****************

Property Financials for 8548 Elburg St D

8548 Elburg St D, Paramount, CA has a mortgage from United Wholesale Mtg (orig. December 05, 2016). The Los Angeles county assessment for 2024 values it at $396,270, with annual taxes of $4,242.

Mortgage & Equity Information

Loan Amount$******
LenderUnited Wholesale Mtg
Origination DateDecember 05, 2016
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateNovember 04, 2016
Property Tax Amount$4,242 in 2023
Purchase Price$280,000
Assessed Value$396,270 on 2024

Investment Potential for 8548 Elburg St D

The property has a current estimated value of $503,693, which is 1% below the zip median, based on public records. It last sold on November 04, 2016 for $280K. Projected long-term
is $61,800 annually ($5,150 per month) with a 96% occupancy rate.

Discover more Residential Condominiums in 90723.

Long-Term

Gross Rental
$61,800 per year($5,150 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 90723 zip code
 
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Property Details for 8548 Elburg St D

Property Details

Property Sq Ft

Living Area

1,132 sq ft

8% below market

Lot Size

167,077 sq ft

241% above market

Price Per Sq Ft

Living Area

$445 / sq ft

8% above market

Lot Size Area

$3 / sq ft

72% below market

Property condition, age, exterior, etc. for 8548 Elbur…
Longitude: -118.14916 Latitude: 33.904644 Parcel Number (APN): 6266-031-160…

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Discover more residential condominiums near 8548 Elburg St D 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.

Market Benchmarks

Compare data for 8548 Elburg St D in Los Angeles County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$503,693
$728,187
-$224,494 (-31%)
$1,028,259
-$498,585 (-48%)
YoY Price Change
0.82%
120%
Year Built
1978
1987
-9 years
Living Space
1,132 sq ft
1,549 sq ft
-417 (-27%)
$ Per Living Sq Ft
$445
$480
-$35 (-7%)
Lot Size
167,077 sq ft
25,553 sq ft
141524 (554%)
$ Per Lot Sq Ft
$3
$31
-$28 (-90%)

Net Operating Income
$28,073
$17,525 (62%)
Annual Revenue
$61,800
$44,400
$17,400 (39%)
$16,912
-$710 (-4%)
Net Operating Income
$28,073
$17,525 (62%)
Cap Rate
4.24%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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