$525,500
●
Condo -
Off Market
8045 70th Street
Paramount, CA 90723
2 Beds
3 Baths,
1
Half Bath
1,109 Ft²
$2,845
Est. Monthly
$240
HOA / Fees
5.08%
Cap Rate
About This Property
Welcome Home! This inviting 2-bedroom, 2.5-bathroom townhome offers
fresh interior paint and a new AC & heating system. Enjoy the
convenience of a 2-car garage with direct kitchen access. The
living room and dining area feature updated laminate wood flooring
and a half-bath for guests. The modern kitchen boasts newer
cabinets, quartz countertops, and sleek tile floors. The master
bedroom includes an en-suite bath and a private balcony, perfect
for
relaxation. The cozy atrium off the kitchen and the private patio offer peaceful outdoor spaces. Located in a gated community near Paramount Drive-In, shops, restaurants, and the 91 freeway, this move-in ready townhome is perfect for first-time buyers or those looking to downsize. A must-see!
relaxation. The cozy atrium off the kitchen and the private patio offer peaceful outdoor spaces. Located in a gated community near Paramount Drive-In, shops, restaurants, and the 91 freeway, this move-in ready townhome is perfect for first-time buyers or those looking to downsize. A must-see!
Unit Size
1,109 Ft²
Days on Market
75 days
Land Size
3.63 acres
Price per sqft
$478
Property Type
Condo
Property Taxes
-
HOA Dues
$240
Year Built
1980
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW24204503)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by eXp Realty of California Inc | $530,500 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Off Street, Garage Faces Rear
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Half Bathrooms: 1
Bathrooms on Main Level: 2
Levels: Two
Interior Features: Separate Formal Dining Room, All Bedrooms Up, Atrium, French Doors Atrium Doors
Appliances: Dishwasher, Gas Oven, Microwave
Flooring Type: Carpet, Laminate, Tile
Living Area Square Feet Source: Assessor
Doors: Atrium Doors, Mirrored Closet Doors
Laundry Features: In Garage
None
Exterior Details
Year Built: 1980
Parcel Number: 7103025072
Home Type: Residential
Structure Type: House
Outdoor Living Structures: Concrete, Enclosed, Patio
Spa Features: None
Pool Features: Association
Lot Size Source: Assessor
Lot Size Acres: 3.6275
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Fee Includes: Sewer
Association Amenities: Controlled Access, Maintenance Grounds, Pool, Pet Restrictions, Pets Allowed, Security, Trash, Water
Association Fee: $240
Association Fee Frequency: Monthly
Association Fee2 Frequency: Monthly
Community Features: Park, Street Lights, Sidewalks, Gated
Security Features: Security Gate, Gated Community
High School District: Paramount Unified
Directions: Paramount Blvd and 70th Street, East of Paramount Blvd.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, FHA, VaLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2024
| |
2 Bed
|
3 Bath
|
1109 ft²
|
$530,500
2 Bed
3 Bath
1109 ft²
|
$525,500
-0.94%
12/17/2024
|
Lauresa Valles
Exp Realty
|
Building Info
About Paramount
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Listed by: Lauresa Valles, eXp Realty of California Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24204503
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW24204503
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