NOT LISTED FOR SALE

10036 Wiley Burke Ave Downey, CA 90240

Downey Area
7 Beds
5 Baths
3,470 Sq Ft
7,550 Sq Ft Lot

Sale Details

Date Sold: November 19, 2019

Last sale price $1,315,000 $379 Per Sq Ft

37 Days on Market

About This Home

As of November 2019

Income property with UPSIDE! Property address is 10036-10038 Wiley Burke Ave. - 2 2-bedroom, 1 bath units and 3 1-bedroom, 1 bath units. Each unit has an enclosed garage, plus one open parking space. Laundry room with one washer and one dryer; machines are self-owned. Property was painted in 2017. Convenient location; easy access to public transportation, shops and freeways.

Last Agent to Sell the Property

Yin Bihr

MASTERS REALTY License #00946254 Listed on: 06/10/2019

MASTERS REALTY

Last Buyer's Agent

Bart Lococo

LV Realty Corp License #01950913

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,550 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,470 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 13883
  • Assessor Parcel Number 6359016010

Community Details

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Fuel Expense $365
  • Gardener Expense $600
  • Insurance Expense $1,610
  • Maintenance Expense $5,000
  • Other Expense $500
  • Trash Expense $1,500
  • Water Sewer Expense $1,350
  • New Taxes Expense $16,000
  • Operating Expense $27,325
  • Gross Income $79,092
  • Net Operating Income $59,892

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

7,550 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1350.00
  • Zoning: DOR3*
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6359016010
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 378.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7550.00
  • Lot Size Acres: 0.1733

Multi Family

  • Electric Expense: 400.00
  • Fuel Expense: 365.00
  • Gross Income: 79092.00
  • Gross Scheduled Income: 77892.00
  • Insurance Expense: 1610.00
  • Laundry Income: 1200.00
  • Lot Size Area: 7550.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 59892.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 18000.00
  • Other Expense: 500.00
  • Other Expense Description: supplies
  • Rent Control: No
  • Total Actual Rent: 6491.00
  • Total Expenses: 27325.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Census Tract: 5507.00
  • Tax Lot: 16
  • Tax Tract Number: 13883

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.26%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,315,000 Orange Coast Title Company
$550,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $730,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $1,315,000 -4.4% $379 / Sq Ft
07/15/2019 07/15/19 Price Changed $1,375,000 -1.7% $396 / Sq Ft
06/10/2019 06/10/19 For Sale $1,399,000 -- $403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,821 $1,438,141 $820,233 $617,908
2024 $18,475 $1,409,943 $804,150 $605,793
2023 $17,858 $1,382,298 $788,383 $593,915
2022 $16,984 $1,355,195 $772,925 $582,270
2021 $16,574 $1,328,623 $757,770 $570,853
2019 $8,510 $619,386 $315,272 $304,114
2018 $8,262 $607,244 $309,091 $298,153
2016 $7,959 $583,570 $297,090 $286,480
2015 $7,849 $574,805 $292,628 $282,177
2014 $7,463 $563,546 $286,896 $276,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19136500

California Regional Multiple Listing Service (CRMLS)
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