Great investment opportunity! Turn-key, cash cow recently painted and remodeled interiors, plus a coin-op laundry. Easy to maintain, low tenant turnover, conveniently located in the heart of Paramount and convenient to local schools, shopping, freeway access and public transport.
Multi-familyProperty Type
1965Year Built
5,719 sq ftLot Size
$367Est. Price/Sq.Ft.
4 spacesParking
Listed by Michael Dillon•DRE #01364438• Coldwell Banker Realty
•805-244-6889 (agent)
•MichaelD@Realtor.com (agent)
Bought with Miriam Rodriguez•DRE #01338344• Full Realty Services Inc
Great investment opportunity! Turn-key, cash cow recently painted and remodeled interiors, plus a coin-op laundry. Easy to maintain, low tenant turnover, conveniently located in the heart of Paramount and convenient to local schools, shopping, freeway access and public transport.
Great investment opportunity! Turn-key, cash cow recently painted and remodeled interiors, plus a coin-op laundry. Easy to maintain, low tenant turnover, conveniently located in the heart of Paramount and convenient to local schools, shopping, freeway access and public transport.
TheMLS #12-620781
Nov 2, 2012
Sold
$510,000
$159/sq ft
Sep 21, 2012
Pending
—
Sep 12, 2012
Delisted
—
Sep 9, 2012
Relisted
—
Aug 30, 2012
Delisted
—
Aug 24, 2012
Listed
$499,900
$156/sq ft
Great investment opportunity! All four two-bedroom, one bath units are vacant and ready for cosmetics to rent. Tons of off-street parking. This is a Fannie Mae HomePath property, purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.
Public Records
May 29, 2007
Sold
$765,000
$239/sq ft
CRMLS #Y60749
Mar 1, 2006
Listing Removed
—
Feb 2, 2006
Listed
$759,999
$237/sq ft
CRMLS #P354797
Sep 17, 2003
Sold
$412,000
$129/sq ft
Aug 2, 2003
Listed
$399,000
$125/sq ft
Public Records
Apr 3, 1979
Sold
$115,000
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,807 (+4.3%)
$325,542 + $522,050
$847,592
2024
$11,323 (+1.9%)
$325,542 + $522,050
$847,592
2023
$11,117 (+2.7%)
$319,159 + $511,814
$830,973
2022
$10,826 (+2.4%)
$312,901 + $501,779
$814,680
2021
$10,576 (+2.2%)
$306,766 + $491,941
$798,707
2020
$10,345 (−4.6%)
$300,751 + $482,296
$783,047
2019
$10,840 (+7.1%)
$297,668 + $477,351
$775,019
2018
$10,125 (+3.1%)
$291,832 + $467,992
$759,824
2017
$9,816 (+7.9%)
$280,500 + $449,820
$730,320
2016
$9,094 (+37.6%)
$280,500 + $449,820
$730,320
2015
$6,609 (−2.4%)
$275,000 + $441,000
$716,000
2014
$6,774 (+20.3%)
$276,248 + $236,066
$512,314
2012
$5,631 (+3.0%)
$275,000 + $235,000
$510,000
2011
$5,469 (−43.7%)
$246,643 + $164,428
$411,071
2010
$9,715 (−1.6%)
$241,807 + $161,204
$403,011
2009
$9,869 (+1.7%)
$295,811 + $498,208
$794,019
2008
$9,700
$296,514 + $499,392
$795,906
Tax history for 7828 Pearle St
Year
Property tax
Land + Additions
Assessment*
2025
$11,807 (+4.3%)
$325,542 + $522,050
$847,592
2024
$11,323 (+1.9%)
$325,542 + $522,050
$847,592
2023
$11,117 (+2.7%)
$319,159 + $511,814
$830,973
2022
$10,826 (+2.4%)
$312,901 + $501,779
$814,680
2021
$10,576 (+2.2%)
$306,766 + $491,941
$798,707
2020
$10,345 (−4.6%)
$300,751 + $482,296
$783,047
2019
$10,840 (+7.1%)
$297,668 + $477,351
$775,019
2018
$10,125 (+3.1%)
$291,832 + $467,992
$759,824
2017
$9,816 (+7.9%)
$280,500 + $449,820
$730,320
2016
$9,094 (+37.6%)
$280,500 + $449,820
$730,320
2015
$6,609 (−2.4%)
$275,000 + $441,000
$716,000
2014
$6,774 (+20.3%)
$276,248 + $236,066
$512,314
2012
$5,631 (+3.0%)
$275,000 + $235,000
$510,000
2011
$5,469 (−43.7%)
$246,643 + $164,428
$411,071
2010
$9,715 (−1.6%)
$241,807 + $161,204
$403,011
2009
$9,869 (+1.7%)
$295,811 + $498,208
$794,019
2008
$9,700
$296,514 + $499,392
$795,906
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
5,721 Sq. Ft.
Year renovated
1965
Sq. Ft.
3,200
Year built
1965
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
6242029014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
RM
Multiple Family Residential Zone
The intent and purpose of the R-M zone is to principally designate and classify certain areas within the City for development of multiple family residential housing and apartment complexes, and to provide for the integration of developments and uses of land more closely related to multiple-family residential characteristics best suited to carry out the needs of the community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Fire house
Library
Property details
Parking
Garage
Uncovered
Parking
# of Parking Spaces (Total): 4
Interior
Laundry Information
Laundry Outside, Laundry Room
Equipment
Other
Heating & Cooling
No Cooling
Wall Gas Heat
Multi-Unit Income
Gross Income: 60360
Multi-Unit Other Financial Information
Gross Rent Multiplier: 9
Scheduled Actual: Actual
Multi-Unit Information
Owner Pays: Gardener, Water
Tenant Pays: Cable TV, Electric, Gas
Unit Type Type: 1, 2, 3, 4
Type Of Units: Apartments
# of Buildings: 1
Laundry Equipment: Lease
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,295
Projected Rent: $1,295
Actual Rent: $1,295
# of Units: 1
Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,250
Projected Rent: $1,250
Actual Rent: $1,250
# of Units: 2
Unit 3 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,235
Projected Rent: $1,235
Actual Rent: $1,235
# of Units: 3
Unit 4 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,250
Projected Rent: $1,250
Actual Rent: $1,250
# of Units: 4
Exterior
Building Information
Total Floors: 2
Exterior Features
Roof: Composition, Shingle
Property Information
Land Lease Type: Fee
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 5,719
Zoning: PARM*
Financial
Assessment Information
Assessed Land Value: $281,767
Assessed Improvement Value: $240,782
Assessor Parcel Number: 6242-029-014
Lease Information
Tenant Pays: Cable TV, Electric, Gas
Utilities
Utility Information
Sewer: In Street
Water: In Street
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: North of Rosecrans and West of Paramount Blvd.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,200
Stories: —
Lot Size: 5,721 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: 1965
County: Los Angeles County
APN: 6242029014
Home facts updated by county records on Aug 30, 2026
Other
Documents & Disclosures
Disclosures: As Is
Listing Information
Possession: Tenant Rights
Around this home
Schools
Theodore Roosevelt
Public K-5 • Assigned • 0.4mi
5/10
Paramount Park Middle School
Public 6-8 • Assigned • 0.6mi
6/10
Paramount High School
Public 9-12 • Assigned • 0.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 22-32% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 91° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Paramount, CA • 90723
Average low and high temperatures (°F)
71
48
72
51
74
54
73
55
75
59
79
63
80
63
86
66
84
65
79
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.4 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.12M – $1.35M
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