Seller's Agent in 2015
Doug Rodermund
Morgan Skenderian
(949) 295-8560
34 Total Sales
10537 Arrington Ave Downey, CA 90241
3
Beds
2
Baths
3,622
Sq Ft
7,551
Sq Ft Lot
About This Home
As of April 2015Located in North Downey among multimillion dollar historic homes and some of the best schools in the Southland—this property offers a buyer the opportunity to purchase a rare gem in an excellent rental market. The subject property sits on a quiet residential cul-de-sac in an affluent neighborhood. The building consists of (3) one-bedroom/one bath and (2) two bedroom/one bath units. The property has been immaculately-maintained by professional management, with units having wood ?flooring and granite countertops. The building has copper plumbing and individual water heaters for each apartment. Residents enjoy the lush landscaping throughout the property which provides them with an atmosphere of quiet enjoyment with a modern feel. The owners have recently renovated the property, and all units have new vinyl windows with a new modern paint scheme implemented at the building. Tenants also enjoy their own individual garages, air conditioning and laundry facilities.
Last Agent to Sell the Property
Morgan Skenderian License #01314304 Listed on: 03/13/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 7,551 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 3,622 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 20059
- Assessor Parcel Number 6285022012
Community Details
Overview
- 5 Units
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,268
- Maintenance Expense $3,938
- Other Expense $500
- Pest Control $492
- Trash Expense $1,728
- Water Sewer Expense $1,728
- New Taxes Expense $12,463
- Gross Income $5,470
- Net Operating Income $40,654
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2015 04/28/15 | Sold | $1,125,000 | +12.8% | $311 / Sq Ft |
| 03/30/2015 03/30/15 | Pending | -- | -- | -- |
| 03/13/2015 03/13/15 | For Sale | $997,000 | -- | $275 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,512 | $1,352,072 | $600,920 | $751,152 |
| 2024 | $17,512 | $1,325,562 | $589,138 | $736,424 |
| 2023 | $16,931 | $1,299,572 | $577,587 | $721,985 |
| 2022 | $16,108 | $1,274,091 | $566,262 | $707,829 |
| 2021 | $15,713 | $1,249,109 | $555,159 | $693,950 |
| 2019 | $15,333 | $1,212,062 | $538,694 | $673,368 |
| 2018 | $14,948 | $1,188,297 | $528,132 | $660,165 |
| 2016 | $14,474 | $1,142,156 | $507,625 | $634,531 |
| 2015 | $4,814 | $314,080 | $125,260 | $188,820 |
| 2014 | $4,613 | $307,929 | $122,807 | $185,122 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Rodermund
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15052881
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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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