NOT LISTED FOR SALE

10536 Arrington Ave Downey, CA 90241

Estimated Value: $1,014,000 - $1,181,000

4 Beds
3 Baths
2,200 Sq Ft
$505/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $975,000 $443 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,778/month

21 Days on Market

About This Home

As of December 2021

Fourplex located in a desired area, near transportation, clinics, shops and Lakewood Mall.
Rents and operating expenses are estimated, all tenants are month to month.

Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property information was provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Buyer is advised to verify land use with city of Downey.

Last Agent to Sell the Property

Adelso Flores

Continental Real Estate License #00910310 Listed on: 09/25/2021

Last Buyer's Agent

Adelso Flores

Continental Real Estate License #00910310 Listed on: 09/25/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,541 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Land Lease

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,200 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 20059
  • Assessor Parcel Number 6285022029
  • $914 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,900
  • Trash Expense $900
  • Water Sewer Expense $4,700
  • Operating Expense $7,500
  • Gross Income $58,500
  • Net Operating Income $55,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

7,541 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4700.00
  • Zoning: DOR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6285022029
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 443.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer, Unknown
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7541.00
  • Lot Size Acres: 0.1731
  • Latitude Manual: 33.94111000

Multi Family

  • Gross Income: 58500.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 7541.0000 Square Feet
  • Net Operating Income: 55800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 7500.00

Tax Info

  • Tax Census Tract: 5510.00
  • Tax Lot: 19
  • Tax Tract Number: 20059
  • TaxOtherAnnualAssessmentAmount: 914.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2003
Sold by
Escobar Mirna
Bought by
Martinez William
Current Estimated Value
$1,099,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Perez John M and Perez Margaret Perez
Bought by
Martinez William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Perez John M and Perez Margaret Perez
Bought by
Perez John M

Purchase Details

Closed on
Oct 21, 2001
Sold by
Martinez William
Bought by
Ramon Aguilar And Tania Aguilar Family Trust and Aguilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 1994
Sold by
Perez John M and Perez Margaret Perez
Bought by
Perez John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Martinez William -- Chicago Title
Martinez William $485,000 Chicago Title
Perez John M -- --
Ramon Aguilar And Tania Aguilar Family Trust $975,000 Stewart Title Of California In
Perez John M -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez William $388,000
Previous Owner Ramon Aguilar And Tania Aguilar Family Trust $731,250
Previous Owner Perez John M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $975,000 -1.0% $443 / Sq Ft
10/17/2021 10/17/21 For Sale $985,000 +1.0% $448 / Sq Ft
10/13/2021 10/13/21 Off Market $975,000 -- --
10/01/2021 10/01/21 Price Changed $985,000 0.0% $448 / Sq Ft
10/01/2021 10/01/21 For Sale $985,000 +1.0% $448 / Sq Ft
09/26/2021 09/26/21 Off Market $975,000 -- --
09/25/2021 09/25/21 For Sale $945,000 -- $430 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $13,443 $1,034,677 $801,212 $233,465
2024 $13,203 $1,014,390 $785,502 $228,888
2023 $12,758 $994,500 $770,100 $224,400
2022 $12,127 $975,000 $755,000 $220,000
2021 $8,187 $637,042 $354,643 $282,399
2019 $7,983 $618,149 $344,125 $274,024
2018 $7,724 $606,029 $337,378 $268,651
2016 $7,492 $582,498 $324,278 $258,220
2015 $7,385 $573,750 $319,408 $254,342
2014 $6,995 $562,512 $313,152 $249,360
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21209139

California Regional Multiple Listing Service (CRMLS)

APN: 6285-022-029

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