NOT LISTED FOR SALE

11745 Coldbrook Ave Downey, CA 90241

3 Beds
2 Baths
4,759 Sq Ft
0.25 Acres

Last Sold January 27, 2020

Last sale price $1,750,000 $368 Per Sq Ft

47 Days on Market

About This Home

As of January 2020

Kensington Apartments is a 5-unit multifamily investment property located at 11747 Coldbrook Avenue, Downey, CA. Situated on a 0.25-acre lot, Kensington Apartments consists of three-bedroom units and offers amenities including gated access as well as carport and garage parking. Recent capital improvements include new exterior paint in 2018 and a new roof in 2014.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 09/05/2019

Last Buyer's Agent

Ramon Chavez

Dreamwork Realty Inc. License #00938353

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Landscaped

Parking

  • 10 Car Garage
  • 2 Carport Spaces

Interior Spaces

  • 4,759 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6796
  • Assessor Parcel Number 6284018032

Community Details

Overview

  • 5 Units

Building Details

  • 1 Separate Water Meter
  • Electric Expense $1,441
  • Fuel Expense $1,442
  • Insurance Expense $1,284
  • Other Expense $5,500
  • Trash Expense $1,442
  • Water Sewer Expense $1,442
  • New Taxes Expense $21,507
  • Operating Expense $35,258
  • Gross Income $107,820
  • Net Operating Income $69,363

Property Details

Home Type

Apartment

Year Built

Built in 1987

Lot Details

0

Parking

10

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1442.00
  • Zoning: DOR3*
  • Property Type: Residential Income
  • Parcel Number: 6284018032
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 367.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 10.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1442.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Electric Expense: 1441.00
  • Fuel Expense: 1442.00
  • Gross Income: 107820.00
  • Gross Operating Income: 104621.00
  • Gross Scheduled Income: 107820.00
  • Insurance Expense: 1284.00
  • Lot Size Area: 0.2500 Acres
  • Net Operating Income: 69363.00
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 35258.00
  • Other Expense: 5500.00
  • Rent Control: No
  • Total Expenses: 35258.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 21507.00
  • Tax Census Tract: 5511.02
  • Tax Lot: 2
  • Tax Tract Number: 6796
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Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2020 01/27/20 Sold $1,750,000 0.0% $368 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $1,750,000 -- $368 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,275 $1,913,878 $1,093,645 $820,233
2024 $24,275 $1,876,351 $1,072,201 $804,150
2023 $23,457 $1,839,561 $1,051,178 $788,383
2022 $22,298 $1,803,492 $1,030,567 $772,925
2021 $23,541 $1,768,130 $1,010,360 $757,770
2020 $11,172 $842,391 $218,614 $623,777
2019 $11,079 $825,886 $214,328 $611,558
2018 $10,703 $809,705 $210,126 $599,579
2016 $10,322 $777,688 $201,967 $575,721
2015 $10,180 $766,008 $198,934 $567,074
2014 $9,659 $751,004 $195,038 $555,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19212554

California Regional Multiple Listing Service (CRMLS)