NOT LISTED FOR SALE

11627 Coldbrook Ave Downey, CA 90241

Estimated Value: $1,895,000 - $2,448,000

2 Beds
3 Baths
6,400 Sq Ft
$346/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $1,760,000 $275 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,624/month

23 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Laundry Room
  • Downey High School Rated A-
  • Park
  • Accessible Parking

About This Home

As of June 2021

Opportunity is Knocking!! Custom Built Four-Plex. These are Townhome Style Units, all four units have an oversized 2 car garage with access to your unit!! Custom design features 2 upstairs Master Bedrooms with their own private Bathrooms. Downstairs boast a very comfortable Family Room, Kitchen, Guest Bathroom, Dining Room/ Bonus Room and an outdoor Patio perfect for BBQing! Each unit has Laundry area in the garage. The back unit has a larger patio and some grass area so this could potentially be an owners unit as well!! Projected rent: 2700 for 3 units and 2750 for the back unit.

Last Agent to Sell the Property

George Ferris

George Ferris Realty License #00890625 Listed on: 03/31/2021

Last Buyer's Agent

George Ferris

George Ferris Realty License #00890625 Listed on: 03/31/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Sprinklers on Timer
  • Back Yard

Parking

  • 9 Open Parking Spaces
  • 8 Car Garage
  • Parking Available

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 6,400 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Accessible Parking
  • Fireplace in Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 2
  • Tax Tract Number 6796
  • Assessor Parcel Number 6284016012

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $8,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: DOR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6284016012
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Dining Room, Family Room, Kitchen, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 275.00
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 17.00
  • Uncovered Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers Timer
  • Lot Size Sq Ft: 11399.00
  • Lot Size Acres: 0.2617
  • Latitude Manual: 33.93074100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average2 Bed Area: 1200 Square Feet
  • Gross Income: 8200.00
  • Gross Multiplier: 14.17
  • Gross Scheduled Income: 8200.00
  • Lot Size Area: 11399.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Rent Control: No
  • Total Actual Rent: 7900.00

Tax Info

  • Tax Census Tract: 5511.02
  • Tax Lot: 2
  • Tax Tract Number: 6796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 1998
Sold by
Trust Guy Serge P And Rita M Trs Guy Fam
Bought by
Martinez Vincent
Current Estimated Value
$2,213,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.86%
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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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
Martinez Vincent $425,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Vincent $318,750
Closed Martinez Vincent $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $1,760,000 -4.8% $275 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $1,849,000 -- $289 / 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 $23,879 $1,905,077 $1,047,793 $857,284
2024 $23,460 $1,867,724 $1,027,249 $840,475
2023 $22,654 $1,831,103 $1,007,107 $823,996
2022 $21,509 $1,795,200 $987,360 $807,840
2021 $7,974 $615,518 $266,484 $349,034
2020 $7,856 $609,208 $263,752 $345,456
2019 $7,779 $597,264 $258,581 $338,683
2018 $7,430 $585,554 $253,511 $332,043
2016 $7,176 $562,818 $243,668 $319,150
2015 $7,079 $554,365 $240,008 $314,357
2014 $6,712 $543,507 $235,307 $308,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21066552

California Regional Multiple Listing Service (CRMLS)

APN: 6284-016-012