
11737 Bellman Ave Downey, CA 90241
Estimated payment $5,237/month
Highlights
- Laundry Room
- Wall Furnace
- 1-Story Property
- Downey High School Rated A
About This Home
Exceptional Investment or Live-In Opportunity in Prime Downey Location. Discover a rare and well-maintained duplex offering in the heart of Downey—perfect for savvy investors or owner-occupants seeking immediate value and long-term potential. This charming property features two spacious units, each offering 2 bedrooms and 1 full bathroom, with separate gas and electric meters for added convenience and flexibility. The front unit is currently tenant-occupied, providing consistent rental income, and includes access to a two-car garage, as well as a generous side yard and private backyard space—ideal for relaxing or entertaining. The rear unit is owner-occupied and will be delivered vacant at the close of escrow, offering a perfect opportunity for a new resident or to lease at market rent.Recent updates include a brand-new electrical panel, fresh exterior and interior paint, and well-kept, move-in ready interiors. Each unit enjoys its own private outdoor area, and the property also features ample front driveway parking, enhancing both functionality and curb appeal. Located just minutes from Downey Landing, PIH Hospital, top-rated schools, shopping centers, dining, and major freeways, this property is situated in a high-demand rental market and offers a solid blend of comfort, location, and value.Don't miss this competitively priced opportunity to own a versatile and income-generating duplex in one of Southeast LA’s most desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,730
Year Built
- Built in 1954
Lot Details
- 5,279 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,560 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Wall Furnace
- Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 18042
- Assessor Parcel Number 6255022036
- $562 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $100
- Fuel Expense $100
- Insurance Expense $100
- Trash Expense $100
- Water Sewer Expense $100
- Operating Expense $100
- Gross Income $21,600
- Net Operating Income $16,700
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $3,730 | $271,205 | $132,139 | $139,066 |
2023 | $3,611 | $265,889 | $129,549 | $136,340 |
2022 | $3,438 | $260,676 | $127,009 | $133,667 |
2021 | $3,328 | $255,566 | $124,519 | $131,047 |
2019 | $3,243 | $247,988 | $120,827 | $127,161 |
2018 | $3,127 | $243,126 | $118,458 | $124,668 |
2016 | $3,018 | $233,687 | $113,859 | $119,828 |
2015 | $2,974 | $230,178 | $112,149 | $118,029 |
2014 | $2,823 | $225,670 | $109,953 | $115,717 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/22/2025 05/22/25 | For Sale | $880,000 | -- | $564 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Investors Title | |
Quit Claim Deed | -- | Investors Title | |
Gift Deed | -- | South Coast Title | |
Individual Deed | $180,000 | Stewart Title | |
Grant Deed | -- | First American Title Ins Co | |
Trustee Deed | $217,118 | First American Title | |
Grant Deed | $195,000 | Gateway Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $360,000 | Fannie Mae Freddie Mac | |
Closed | $360,000 | Fannie Mae Freddie Mac | |
Previous Owner | $175,500 | No Value Available | |
Previous Owner | $171,000 | No Value Available | |
Previous Owner | $189,162 | FHA |
Similar Home in Downey, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25109171

APN: 6255-022-036
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