NOT LISTED FOR SALE

10327 Downey Ave Downey, CA 90241

Downey Area
6 Beds
5 Baths
12,576 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: May 29, 2020

Last sale price $3,625,000 $288 Per Sq Ft

6 Days on Market

About This Home

As of May 2020

Well-Located Community Living in Downey, CA Discover a professionally managed community in Downey offering a clean, welcoming environment with access to nearby parks, shopping, dining, and local amenities. Enjoy the convenience of a central location paired with the charm of a well-kept residential neighborhood. Assistance animals accepted in accordance with applicable laws.

Last Agent to Sell the Property

Chris Keramati

Triqor Group License #01702116 Listed on: 04/23/2020

Last Buyer's Agent

Chris Keramati

Triqor Group License #01702116 Listed on: 04/23/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 15,665 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • 12,576 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Tax Tract Number 212
  • Assessor Parcel Number 6252022015

Community Details

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $78,678
  • Gross Income $262,776
  • Net Operating Income $176,215

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.36 Acres

Listing Details

  • CapRate: 4.60
  • Property Attached: Yes
  • Zoning: DOR3*
  • Property Type: Residential Income
  • Parcel Number: 6252022015
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 288.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 15665.00
  • Lot Size Acres: 0.3596

Multi Family

  • Gross Income: 262776.00
  • Gross Multiplier: 14.65
  • Gross Scheduled Income: 262776.00
  • Lot Size Area: 15665.0000 Square Feet
  • Net Operating Income: 176215.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 254893.00
  • Rent Control: No
  • Total Expenses: 78678.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5509.02
  • Tax Lot: 4
  • Tax Tract Number: 212

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

Listed on
Apr 23, 2020
Closed on
May 4, 2020
Sold by
Bought by
Seller's Agent
Chris Keramati
Triqor Group
Buyer's Agent
Chris Keramati
Triqor Group
List Price
$3,850,000
Sold Price
$3,625,000
Premium/Discount to List
-$225,000
-5.84%

Purchase Details

Closed on
Sep 11, 2012
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
$1,387,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 20, 2008
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
$1,245,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2008
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
$1,245,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 1994
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 1994
Sold by
Bought by
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
$3,625,000 First American Title Company
-- First American Title Insuran
$1,000,000 None Available
$1,000,000 Fidelity National Title Co
-- --
-- --
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 $1,387,000
Previous Owner $1,245,000
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
01/04/2026 01/04/26 Off Market -- -- --
12/04/2025 12/04/25 Price Changed $2,595 +4.0% --
11/20/2025 11/20/25 Price Changed $2,495 -28.6% --
07/31/2025 07/31/25 For Rent $3,495 0.0% --
05/29/2020 05/29/20 Sold $3,625,000 -5.8% $288 / Sq Ft
04/23/2020 04/23/20 For Sale $3,850,000 -- $306 / 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 $51,066 $3,964,465 $1,640,468 $2,323,997
2024 $50,120 $3,886,731 $1,608,302 $2,278,429
2023 $48,422 $3,810,521 $1,576,767 $2,233,754
2022 $46,021 $3,735,805 $1,545,850 $2,189,955
2021 $44,911 $3,662,555 $1,515,540 $2,147,015
2020 $29,827 $2,354,986 $924,330 $1,430,656
2019 $29,526 $2,308,810 $906,206 $1,402,604
2018 $28,755 $2,263,540 $888,438 $1,375,102
2016 $27,799 $2,175,646 $853,940 $1,321,706
2015 $27,409 $2,142,967 $841,114 $1,301,853
2014 $24,725 $1,992,400 $782,000 $1,210,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20076540

California Regional Multiple Listing Service (CRMLS)
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