NOT LISTED FOR SALE

11840 Old River School Rd Downey, CA 90241

Estimated Value: $1,356,000

10 Beds
6 Baths
4,255 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2019

Last sale price $1,482,500 $348 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,681 / mo

2 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • 1-Story Property
  • Williams Elementary School Rated 9+

About This Home

As of April 2019

The investment opportunity you've been waiting for. Four completely separate homes, each with its own 2-car garage and private yard. There is long welcoming concrete driveway providing plenty of parking. All homes have separate meters (Gas, Electric & WATER). The square feet and unit info are for the combined two lots and properties being sold.

UNIT BREAKDOWN:
3Bed/2Bath (Master bedroom) - Rented for $2,050
3Bed/2Bath (Master bedroom) - Vacant
2Bed/1Bath - Rented for $1,850
2Bed/1Bath - Rented for $1,595

TOTAL LIVING SQFT: 4,255
TOTAL LOT SQFT: 23,523

The front home, 3Bed/2Bath, is vacant and remodeled! This home features a large living room that's perfect for entertaining with a modern fireplace. The spacious kitchen is decorated with brand new white shaker cabinets that are accented with quartz counter-tops, tile backsplash, wood-style vinyl floors, and new lighting fixtures. The laundry room with added storage enclosed washer and dryer hookups are also conveniently located in the garage next to the kitchen. Other improvements also include new dual pane windows to keep things nice and quiet, base moulding, new exterior and interior paint, new wood & tile floors throughout, hardwood floors, plenty of fruit trees, covered patio. The central heating and air system will keep everything at the right temperature. The bathrooms are decorated with new tile, new vanity sinks and fixtures. There is also lot's more improvements for you to discover, MUST SEE!

Last Agent to Sell the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 03/08/2019

Century 21 Allstars

Last Buyer's Agent

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 03/08/2019

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 23,523 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard
  • Lawn

Parking

  • 8 Car Garage

Interior Spaces

  • 4,255 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 6248029012

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $2,640
  • Insurance Expense $19,920
  • Gross Income $97,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.54 Acres

Parking

8

Listing Details

  • Property Attached: No
  • Zoning: DOR105
  • Property Type: Residential Income
  • Gardener Expense: 2640.00
  • Parcel Number: 6248029012
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 348.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 23523.00
  • Lot Size Acres: 0.5400

Multi Family

  • Gross Income: 97140.00
  • Gross Scheduled Income: 97140.00
  • Insurance Expense: 19920.00
  • Lot Size Area: 23523.0000 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
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5514.02
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Mar 18, 2019
Sold by
Bought by
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Luther Sanchez
Century 21 Allstars
List Price
$1,475,000
Sold Price
$1,482,500
Premium/Discount to List
$7,500
0.51%
Current Estimated Value
$1,356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,500
Original Mortgage
$1,023,750
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.0362%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2015
Sold by
Bought by

Purchase Details

Closed on
May 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
0.0431%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1999
Sold by
Bought by
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,482,500 Fidelity National Title Co
-- First American Title
-- None Available
-- Lawyers Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,023,750
Closed $160,000
Closed $451,900
Closed $515,000
Closed $395,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2019 04/23/19 Sold $1,482,500 +0.5% $348 / Sq Ft
03/08/2019 03/08/19 For Sale $1,475,000 -- $347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2023 $6,804 $543,604 $321,660 $221,944
2022 $6,599 $532,946 $315,353 $217,593
2021 $5,666 $452,900 $268,000 $184,900
2020 $6,363 $517,140 $306,000 $211,140
2019 $3,619 $273,164 $169,055 $104,109
2018 $3,430 $267,809 $165,741 $102,068
2016 $3,321 $257,411 $159,306 $98,105
2015 $3,274 $253,546 $156,914 $96,632
2014 $3,102 $248,581 $153,841 $94,740
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19052975

California Regional Multiple Listing Service (CRMLS)

APN: 6248-029-012

Your Personal Tour Guide

Ask me questions while you tour the home.