NOT LISTED FOR SALE

10632 Western Ave Downey, CA 90241

16 Beds
8 Baths
7,625 Sq Ft
8,709 Sq Ft Lot

Last Sold January 04, 2013

Last sale price $1,260,000 $165 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas
  • Warren High School Rated A-

About This Home

As of January 2013

Very Nice Building in a Very Good Rental Area. Close to Schools, Church, and transportation. Drive by property only. Inspection with offer

Last Agent to Sell the Property

Patti Martin

Pelican Properties License #00335168 Listed on: 11/02/2012

Last Buyer's Agent

Maria Estevez

Keller Williams SELA License #01415479

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,709 Sq Ft Lot
  • Lot Dimensions are 60x145

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Stucco

Interior Spaces

  • 7,625 Sq Ft Home
  • Wood Flooring
  • Leased Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Range with Range Hood
  • Formica Countertops
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 13 / 4
  • Tax Tract Number 4
  • Assessor Parcel Number 6253002016

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $15,625
  • Gross Income $10,230
  • Net Operating Income $86,838

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.95
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6253002016
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters
  • Flooring: Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 165.25

Exterior Features

  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Range Hood, Range
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Size: 60x145
  • Lot Size Sq Ft: 8709.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 950
  • Gross Income: 10230.00
  • Gross Multiplier: 10.08
  • Gross Scheduled Income: 124054.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 86838.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Number With Carpet: 8
  • Number With Disposal: 8
  • Number With Drapes: 8
  • Operating Expense: 37216.00
  • Operating Expense Percent: 30.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Area: 3304
  • Tax Block: 4
  • Tax Lot: 13
  • Tax Tract Number: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $1,260,000 +0.8% $165 / Sq Ft
11/08/2012 11/08/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $1,250,000 -- $164 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Patti Martin

    Pelican Properties

  • Maria Estevez

    Buyer's Agent in 2013

    Maria Estevez

    Keller Williams SELA

    (562) 760-0015

    15 Total Sales

    Maria Estevez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840107

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Downey 90241

10632 Western Ave, Downey, CA

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