$2,875,000
SOLD APR 11, 2025

10303 Downey Ave Downey, CA 90241

0.83 Acre
$3,478,945 Price per Acre
35,998 Sq Ft Lot

Recently Sold

$2,046 Per Sq Ft

4% Below List Price

21 Days on Market

About This Lot

As of April 2025

FULLY ENTITLED* RTI* SHOVEL READY* Pay your permit fees and start building 12 Condos/Townhomes located in the most desirable area of Downey. 8 four bedroom three bathrooms 1,864sqf. 4 three bedroom three bathroom 1,624sqft units. Each unit is 2 stories with private backyards and attached 2 car garages. Total lot size is 36,000sqft. Currently there are two existing single family homes. Bring your shovel!

Last Agent to Sell the Property

Yehia Zakaria

Century 21 Jervis & Associates Brokerage Phone: 562-244-3897 License #01943432 Listed on: 02/27/2025

Century 21 Jervis & Associates

Last Buyer's Agent

Marisela Ruiz

Casa Bella Realty Group License #01808083

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,772

Lot Details

  • 0.83 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR3*

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 82882
  • Assessor Parcel Number 6252021037

Property Details

Property Type

Land

Est. Annual Taxes

$10,772

Lot Details

0

Listing Details

  • View: No
  • Zoning: DOR3*
  • Property Type: Land
  • Parcel Number: 6252021037
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 79.86

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 36000.00
  • Lot Size Acres: 0.8264

Multi Family

  • Lot Size Area: 36000.0000 Square Feet

Tax Info

  • Tax Census Tract: 5509.02
  • Tax Lot: 1
  • Tax Tract Number: 82882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Feb 7, 2017
Sold by
Fritz Bette
Bought by
Cherry Avenue One Lp
Seller's Agent
ISMAEL NEVAREZ
ISMAEL NEVAREZ , BROKER
Buyer's Agent
ISMAEL NEVAREZ
ISMAEL NEVAREZ , BROKER
List Price
$700,000
Sold Price
$775,000
Premium/Discount to List
$75,000
10.71%
Current Estimated Value
$981,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,000

Purchase Details

Closed on
Apr 4, 2012
Sold by
Fritz Robert T and Fritz Bette L
Bought by
Fritz Robert and Fritz Bette

Purchase Details

Closed on
Dec 29, 2011
Sold by
Fritz Robert and Fritz Bette
Bought by
Fritz Robert T and Fritz Bette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Fritz Robert T and Fritz Bette L
Bought by
Fritz Robert and Fritz Bette

Purchase Details

Closed on
Dec 22, 2010
Sold by
Fritz Bette
Bought by
Fritz Robert T and Fritz Bette L

Purchase Details

Closed on
Oct 14, 2009
Sold by
Sterner Jon and The Sterner Family Trust
Bought by
Fritz Bette
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $775,000 None Available
Interfamily Deed Transfer -- Ticor Title Of California
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,500 New Conventional
Previous Owner $120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $2,875,000 -3.7% $2,046 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $2,985,000 +285.2% $2,125 / Sq Ft
03/30/2017 03/30/17 Sold $775,000 0.0% $552 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/01/2016 12/01/16 Off Market $775,000 -- --
12/01/2016 12/01/16 For Sale $700,000 -9.7% $498 / Sq Ft
11/19/2016 11/19/16 Off Market $775,000 -- --
11/16/2016 11/16/16 For Sale $700,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2023 $10,772 $864,522 $628,815 $235,707
2022 $10,228 $847,572 $616,486 $231,086
2021 $10,027 $830,954 $604,399 $226,555
2019 $9,771 $806,309 $586,473 $219,836
2018 $9,469 $790,500 $574,974 $215,526
2016 $1,411 $90,868 $54,030 $36,838
2015 $1,391 $89,504 $53,219 $36,285
2014 $1,340 $87,752 $52,177 $35,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25043989

California Regional Multiple Listing Service (CRMLS)

APN: 6252-021-017