NOT LISTED FOR SALE

10624 Downey Ave Downey, CA 90241

Studebaker Neighborhood

Estimated Value: $988,000 - $1,044,000

4 Beds
3 Baths
2,081 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 06, 2025

Last sale price $980,000 $471 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,676/month

130 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 4-minute walk to Robert White Park

About This Home

As of January 2025

Rare find, 2 separate units in North East Downey, lots of parking in between units two on a lot.

Last Agent to Sell the Property

Tony Salazar

AMC Realty Brokerage Email: tonysalazar562@yahoo.com License #01179492 Listed on: 06/02/2024

Last Buyer's Agent

Erica Ruiz

Casa Bella Realty Group License #01350945

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,948 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 4 Bedrooms
  • 2,081 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4641
  • Assessor Parcel Number 6253012012
  • $689 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,750
  • Trash Expense $900
  • Operating Expense $2,650
  • Gross Income $38,400
  • Net Operating Income $220

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: DOR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6253012012
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 470.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7948.00
  • Lot Size Acres: 0.1825

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1750.00
  • Lot Size Area: 7948.0000 Square Feet
  • Net Operating Income: 220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 220.00
  • Rent Control: No
  • Total Expenses: 2650.00

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 1
  • Tax Tract Number: 4641
  • TaxOtherAnnualAssessmentAmount: 689.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2003
Sold by
Contreras Antonio and Contreras Teresa
Bought by
Contreras Antonio and Contreras Teresa
Current Estimated Value
$1,006,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Contreras Antonio -- Ltc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Contreras Antonio $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $980,000 -1.0% $471 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $990,000 -- $476 / 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
2025 $4,968 $364,037 $277,375 $86,662
2024 $4,968 $356,900 $271,937 $84,963
2023 $4,810 $349,903 $266,605 $83,298
2022 $4,582 $343,043 $261,378 $81,665
2021 $4,452 $336,317 $256,253 $80,064
2020 $4,387 $332,870 $253,626 $79,244
2019 $4,342 $326,344 $248,653 $77,691
2018 $4,133 $319,946 $243,778 $76,168
2016 $3,995 $307,524 $234,313 $73,211
2015 $3,939 $302,906 $230,794 $72,112
2014 $3,734 $296,974 $226,274 $70,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tony Salazar

    AMC Realty

    Section Image
  • Erica Ruiz

    Buyer's Agent in 2025

    Erica Ruiz

    Casa Bella Realty Group

    (310) 675-2999

    1 in this area

    15 Total Sales

    Erica Ruiz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24111937

California Regional Multiple Listing Service (CRMLS)

APN: 6253-012-012

California Los Angeles County Downey 90241 Studebaker

10624 Downey Ave, Downey, CA

Not Listed for Sale

MultiFamily

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