NOT LISTED FOR SALE

10633 Western Ave Unit A Downey, CA 90241

Estimated Value: $1,611,000 - $1,827,000

8 Beds
7 Baths
3,913 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $1,540,000 $394 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,687/month

11 Days on Market

Highlights

  • 6 Car Direct Access Garage
  • Property is near a preserve or public land
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2022

Fantastic income producing Triplex in a desirable area of NE Downey! The owner has personally taken great pride in keeping this property super clean and in an amazing condition. The property consists of three units with 2 separate buildings. The front unit is a single-family home ground level 3BR/2BA with living room, long hallway leading to dining room and spacious kitchen. Master bedroom with new flooring, walk-in closet, newer master bath with quartz countertop and A/C. The second unit #B is a 2BR/ 1 full bathroom and 1/2 shower. Living room area is upstairs with newer flooring, newer kitchen cabinets, and dishwasher. Big master bedroom with walk-in closet. Unit #C offers 3 BR/2.5 BA with a bonus room that can be used as a 4th BR/office. Living room and Kitchen and half bathroom downstairs, while all Bedrooms are upstairs. Huge master bedroom. Sliding door to backyard with gated patio and lawn area. All 3 units come with their own inside laundry hookups, attached 2 car garage with indoor access. All units are separately metered for electricity and gas. However, unit B & C do share the same water meter. Triplex near five-star Rio Hondo Golf club and close proximity to schools, and freeway access to LA and OC county. This truly is a unique opportunity to live in one unit in a highly coveted location. As an astute investor due to its central location and diversity, it provides an incoming producing asset in a strong rental market in Downey.

Last Agent to Sell the Property

Jennifer Concha

Century 21 Allstars License #01867667 Listed on: 04/18/2022

Century 21 Allstars

Last Buyer's Agent

Jennifer Concha

Century 21 Allstars License #01867667 Listed on: 04/18/2022

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,276 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Direct Access Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 3,913 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 3 / 5
  • Tax Tract Number 550
  • Assessor Parcel Number 6251035042
  • $897 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Property is near a preserve or public land

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $88
  • Gardener Expense $80
  • Operating Expense $400
  • Gross Income $52,740
  • Net Operating Income $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: DOR3*
  • Property Type: Residential Income
  • Gardener Expense: 80.00
  • Parcel Number: 6251035042
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One, Two
  • Price Per Square Foot: 393.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7276.00
  • Lot Size Acres: 0.1670

Multi Family

  • Electric Expense: 88.00
  • Gross Income: 52740.00
  • Gross Scheduled Income: 52740.00
  • Lot Size Area: 7276.0000 Square Feet
  • Net Operating Income: 1800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 400.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5509.01
  • Tax Lot: 3
  • Tax Tract Number: 550...
  • TaxOtherAnnualAssessmentAmount: 897.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Pamela Sue Clayton Trust
Bought by
Tsankova Balitsa and Tsankov Aleksandar S
Current Estimated Value
$1,739,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2002
Sold by
Clayton Terry and Clayton Pamela
Bought by
Clayton Terry and Clayton Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,900
Interest Rate
5.16%

Purchase Details

Closed on
May 22, 2001
Sold by
Gonzalez Carmen and Gonzalez Oscar
Bought by
Clayton Terry and Clayton Pam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
9.87%
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
Tsankova Balitsa $1,540,000 Fidelity National Title
Clayton Terry -- United Title Company
Clayton Terry $409,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsankova Balitsa $400,000
Previous Owner Clayton Terry $441,900
Previous Owner Clayton Terry $327,200
Closed Clayton Terry $81,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $1,540,000 +2.7% $394 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $1,499,999 -2.6% $383 / Sq Ft
04/28/2022 04/28/22 Off Market $1,540,000 -- --
04/18/2022 04/18/22 For Sale $1,499,999 -- $383 / 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 $19,832 $1,602,216 $1,040,400 $561,816
2024 $19,832 $1,570,800 $1,020,000 $550,800
2023 $19,150 $1,540,000 $1,000,000 $540,000
2022 $7,479 $569,349 $219,943 $349,406
2021 $7,266 $558,186 $215,631 $342,555
2020 $7,160 $552,463 $213,420 $339,043
2019 $7,049 $541,632 $209,236 $332,396
2018 $6,777 $531,013 $205,134 $325,879
2016 $6,545 $510,395 $197,169 $313,226
2015 $6,453 $502,730 $194,208 $308,522
2014 $6,110 $492,883 $190,404 $302,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22071641

California Regional Multiple Listing Service (CRMLS)

APN: 6251-035-042