NOT LISTED FOR SALE

11114 Marbel Ave Downey, CA 90241

Estimated Value: $927,008 - $1,498,000

6 Beds
4 Baths
2,907 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $900,000 $310 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,931/month

19 Days on Market

About This Home

As of October 2024

Wow what a great value add investment in the beautiful city of Downey. This consists of 3- 2bedroom/ 1 bath each with 2 double car garages. Buyer and buyer's agent to do their own due diligence. This property is part of a portfolio. Also for sale are 8737 Firestone Blvd (3 mix-use units), 8727 Firestone Blvd ( 5 retail units), and 11114 Marbel Ave(3-2br/1bth units). Hurry These won't Last.
Please do not bother tenants.write offer subject to inspection.All offers to be by August 7,2024.AGENTS THIS PROPERTY IS TENANT OCCUPIED. ALL OFFERS ARE SUBJECT TO INTERIOR INSPECTION. PLEASE DO NOT ASK FOR APPOINTMENT TO THE UNITS. PROPERTY IS BEING SOLD WITH TENANTS.

Last Agent to Sell the Property

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 07/24/2024

Keller Williams SELA

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 07/24/2024

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 9,531 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,907 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 11399
  • Assessor Parcel Number 6254028032
  • $954 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $14,400
  • Gross Income $48,000
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: DOR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6254028032
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 309.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9531.00
  • Lot Size Acres: 0.2188

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 9531.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14400.00
  • Rent Control: No
  • Total Expenses: 14400.00

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 12
  • Tax Tract Number: 11399
  • TaxOtherAnnualAssessmentAmount: 954.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2025
Sold by
Marbel Css Llc
Bought by
87 Firestone Llc
Current Estimated Value
$1,105,502

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 28, 2024
Sold by
Jack And Joanne Winburne Family Trust and Bodick Steven
Bought by
Marbel Css Llc
Seller's Agent
Victor Ambriz Jr
Keller Williams SELA
Buyer's Agent
Victor Ambriz Jr
Keller Williams SELA
List Price
$800,000
Sold Price
$900,000
Premium/Discount to List
$100,000
12.5%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%

Purchase Details

Closed on
Jun 15, 1995
Sold by
Winburne Joanne L and Winburne Joanne
Bought by
Winburne Jack and Winburne Joanne
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
87 Firestone Llc -- None Listed On Document
Marbel Css Llc $900,000 Pacific Coast Title
Winburne Jack -- --
Winburne Joanne L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2024 10/22/24 Sold $900,000 +12.5% $310 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $800,000 -11.1% $275 / Sq Ft
08/09/2024 08/09/24 Off Market $900,000 -- --
08/08/2024 08/08/24 Off Market $900,000 -- --
07/24/2024 07/24/24 For Sale $800,000 -- $275 / 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 $2,489 $900,000 $550,000 $350,000
2024 $2,489 $127,577 $56,940 $70,637
2023 $2,427 $125,076 $55,824 $69,252
2022 $2,335 $122,625 $54,730 $67,895
2021 $2,218 $120,221 $53,657 $66,564
2020 $2,191 $118,989 $53,107 $65,882
2019 $2,170 $116,657 $52,066 $64,591
2018 $1,986 $114,371 $51,046 $63,325
2016 $1,891 $109,932 $49,065 $60,867
2015 $1,864 $108,281 $48,328 $59,953
2014 $1,802 $106,161 $47,382 $58,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24152448

California Regional Multiple Listing Service (CRMLS)

APN: 6254-028-032