NOT LISTED FOR SALE

10701 La Reina Ave Downey, CA 90241

Estimated Value: $1,573,000 - $1,873,000

7 Beds
8 Baths
4,597 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $1,680,000 $365 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,120/month

16 Days on Market

About This Home

As of December 2023

Welcome to 10701 La Reina Ave in Downey, CA! This spacious multi-family property is a fantastic investment opportunity or a great place to call home. Featuring 4 units, this home/investment provides plenty of space for a large or extended family. The interior of each unit is bright and inviting, with ample size windows that let in an abundance of natural light. Outside, you'll find plenty of space for all units to share. The property also offers off-street parking for convenience. Located in the desirable city of Downey, this home/investment is close to shopping, dining, and entertainment options. With easy access to major highways, commuting to other parts of the city is a breeze. Don't miss out on the opportunity to own this spacious multi-family property to start your investment real estate portfolio.

Last Agent to Sell the Property

Craig White

Sotheby's International Realty License #01884948 Listed on: 11/21/2023

Sotheby's International Realty

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,362

Year Built

  • Built in 1976

Lot Details

  • 8,219

Interior Spaces

  • 4,597 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • 8,219 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6253-003-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,362

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4597
  • Lot Acreage: 0.1887
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 358.93

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 62.16
  • Assessed Improvement Value: 677495
  • Assessed Land Percent: 37.84
  • Assessed Land Value: 412388
  • Total Assessed Value: 1089883
  • Assessor Parcel Number: 6253-003-017
  • Lot Size Area: 8219

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.51
  • Number Of Units: 4
  • Type Of Units: single unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jan 10, 2024
Sold by
Self Markus and Self Lucy
Bought by
La Reina Downey Llc
Seller's Agent
Craig White
Sotheby's International Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$1,650,000
Sold Price
$1,680,000
Premium/Discount to List
$30,000
1.82%
Views
112
Current Estimated Value
$1,775,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,683
Avg. Annual Appreciation
2.99%

Purchase Details

Listed on
Nov 21, 2023
Closed on
Nov 21, 2023
Sold by
10701 La Reina Avenue Llc
Bought by
Self Markus and Self Lucy
Seller's Agent
Craig White
Sotheby's International Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$1,650,000
Sold Price
$1,680,000
Premium/Discount to List
$30,000
1.82%
Views
112

Purchase Details

Listed on
Feb 17, 2014
Closed on
Mar 13, 2014
Sold by
Campbell Edward A
Bought by
10701 La Reina Avenue Llc
Seller's Agent
Ryan Fitzl
Premier Realty Associates
Buyer's Agent
George Mairena
Imperial Properties
List Price
$879,000
Sold Price
$930,000
Premium/Discount to List
$51,000
5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Feb 8, 2013
Sold by
Skelton Bernice
Bought by
The Bernice Skelton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1995
Sold by
Skelton Bernice
Bought by
Bernice Skelton Trust

Purchase Details

Closed on
Aug 10, 1994
Sold by
Skelton Bernice
Bought by
Skelton Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.55%

Purchase Details

Closed on
Jun 8, 1994
Sold by
Skelton Bernice
Bought by
Skelton Bernice
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
La Reina Downey Llc -- Pacific Coast Title Company
Self Markus $1,680,000 Pacific Coast Title
10701 La Reina Avenue Llc $925,000 Fidelity National Title Co
The Bernice Skelton Trust -- Chicago Title Company
Skelton Bernice -- Chicago Title Company
Bernice Skelton Trust -- --
Skelton Bernice -- World Title
Skelton Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skelton Bernice $326,000
Previous Owner Skelton Bernice $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $1,680,000 +1.8% $365 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $1,650,000 +77.4% $359 / Sq Ft
04/09/2014 04/09/14 Sold $930,000 +5.8% $202 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $879,000 -- $191 / Sq Ft
Source: The MLS

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 $21,362 $1,713,600 $1,254,600 $459,000
2024 $21,362 $1,680,000 $1,230,000 $450,000
2023 $14,069 $1,089,883 $412,388 $677,495
2022 $13,377 $1,068,513 $404,302 $664,211
2021 $13,038 $1,047,563 $396,375 $651,188
2019 $12,708 $1,016,893 $384,619 $632,274
2018 $12,353 $996,963 $377,078 $619,885
2016 $11,971 $957,868 $362,437 $595,431
2015 $11,803 $943,481 $356,993 $586,488
2014 -- $284,658 $97,417 $187,241
Source: Public Records

Agents Affiliated with this Home

  • Craig White

    Seller's Agent in 2023

    Craig White

    Sotheby's International Realty

    (310) 415-8666

    42 Total Sales

    Craig White
    Section Image

  • R

    Seller's Agent in 2014

    Ryan Fitzl

    Premier Realty Associates

  • George Mairena

    Buyer's Agent in 2014

    George Mairena

    Imperial Properties

    (562) 884-7080

    7 Total Sales

    George Mairena
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-333721

The MLS

APN: 6253-003-017

California Los Angeles County Downey 90241

10701 La Reina Ave, Downey, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes