NOT LISTED FOR SALE

10422 Western Ave Downey, CA 90241

Estimated Value: $978,000 - $1,424,675

6 Beds
4 Baths
2,966 Sq Ft
$424/Sq Ft Est. Value

Sale Details

Date Sold: March 1, 2013

Last sale price $542,000 $183 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $7,502 / mo

270 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating and Cooling System
  • Ceramic Countertops

About This Home

As of March 2013

PRICE REDUCTION, PRICE REDUCED!!! Nearly new attached duplex in North Downey. Close to great schools, shopping, community centers, services, and freeway close to downtown LA and Orange County sports and entertainment. Each unit features 3 bedrooms with 3 bathrooms, master bedroom suite with walk-in closet, indoor laundry hook-up upstairs. Larger unit nearly 1,600 square feet and second unit nearly 1,400 square feet. Both have full-kitchen and living room/dining room combo. Both units have separate, private 2-car garage. All utilities separate except water, only one water meter. 10420 Western has been newly painted inside with new flooring carpeted flooring at stairs and landing and laminate wood flooring in bedrooms and closets. Bathrooms have ceramic tile floors.

Last Agent to Sell the Property

Ralph Schiavone

HLS Group, Inc. License #01158966 Listed on: 05/18/2012

Last Buyer's Agent

Sunny An

NT & Associates, Inc. License #01117388

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 5,231

Parking

  • 2 Car Garage

Home Design

  • 2,966 Sq Ft Home
  • Common Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Additional Features

  • Ceramic Countertops
  • 5,231 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 10 / 7
  • Assessor Parcel Number 6252023015

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $800
  • Insurance Expense $1,000
  • Pest Control $150
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,643
  • Gross Income $4,000
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

5,231 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 7.70
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 800.00
  • Parcel Number: 6252023015
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceramic Counters
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 182.74
  • Room Type: All Bedrooms Up

Exterior Features

  • Roof: Common Roof
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room, Upper Level, Washer Hookup
  • Pest Control Expense: 150.00
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5231.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4000.00
  • Gross Multiplier: 12.50
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 42600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 1800.00
  • Total Actual Rent: 1700.00

Tax Info

  • New Taxes Expense: 8643.00
  • Tax Area: 3967
  • Tax Block: 7
  • Tax Lot: 10

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
Aug 29, 2014
Sold by
Bought by
Current Estimated Value
$1,256,919

Purchase Details

Listed on
May 18, 2012
Closed on
Feb 14, 2013
Sold by
Bought by
Seller's Agent
Ralph Schiavone
HLS Group, Inc.
Buyer's Agent
Sunny An
NT & Associates, Inc.
List Price
$649,900
Sold Price
$542,000
Premium/Discount to List
-$107,900
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Feb 13, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2004
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
$565,000
Interest Rate
5.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 9, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
-- None Available
$542,000 Wfg Title Co Of California
-- Wfg Title Co Of California
-- None Available
-- None Available
$765,000 North American Title Company
$135,000 North American 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 $565,000
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
03/01/2013 03/01/13 Sold $542,000 -16.6% $183 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
05/18/2012 05/18/12 For Sale $649,900 -- $219 / 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 $8,707 $667,424 $246,282 $421,142
2024 $8,518 $654,338 $241,453 $412,885
2023 $8,232 $641,509 $236,719 $404,790
2022 $7,823 $628,931 $232,078 $396,853
2021 $7,631 $616,600 $227,528 $389,072
2019 $7,436 $598,313 $220,780 $377,533
2018 $7,235 $586,582 $216,451 $370,131
2016 $7,007 $563,806 $208,047 $355,759
2015 $6,909 $555,338 $204,922 $350,416
2014 $6,523 $544,460 $200,908 $343,552
Source: Public Records

Agents Affiliated with this Home

  • Ralph Schiavone

    Seller's Agent in 2013

    Ralph Schiavone

    HLS Group, Inc.

    (714) 315-0027

    46 Total Sales

    Ralph Schiavone
    Section Image

  • S

    Buyer's Agent in 2013

    Sunny An

    NT & Associates, Inc.

    (562) 468-4608

    6 Total Sales

    Sunny An
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P822567

California Regional Multiple Listing Service (CRMLS)

APN: 6252-023-015

California Los Angeles County Downey 90241

10422 Western Ave, Downey, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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