NOT LISTED FOR SALE

12040 Dolan Ave Downey, CA 90242

Estimated Value: $1,236,000 - $1,808,000

8 Beds
4 Baths
3,905 Sq Ft
$405/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $1,150,000 $294 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $9,548/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cul-De-Sac
  • Tile Flooring
  • Downey High School Rated A-
  • Laundry Room
  • Rectangular Lot

About This Home

As of August 2019

Tri-Plex On a oversized lot almost 18,000 square feet with almost 4,000 square feet of living space!! Must see!! Property located on a Private street cul-de-sac for added privacy. Perfect opportunity to live in one unit and rent the other two. Three separate homes, Unit 1- front house is a 2bed 1bath, laundry hookups inside, long side driveway for own parking space, front yard plus private enclosed back yard, Unit 2- Middle home is a 2bed 1bath, laundry hookups in garage, attached 2 car garage, enclosed private back yard, Unit 3- Owners home has 2beds 2baths with 2 bonus rooms used as a 4 bedroom home or can be used as a den or office, laundry room, attached 2 car garage. All units have newer roofs, some tile floors and granite counters. Also a Great property for an Investor looking to add to their portfolio. Sellers Motivated!!

Last Agent to Sell the Property

Valerie Maldonado

Keller Williams Coastal Proper License #01345927 Listed on: 07/10/2019

Keller Williams Coastal Proper

Last Buyer's Agent

Mel Hernandez

Sync Brokerage, Inc. License #01977492

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Cul-De-Sac
  • Rectangular Lot
  • Back Yard

Parking

  • 7 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,905 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2
  • Assessor Parcel Number 6258008012

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $1,500
  • Trash Expense $960
  • Water Sewer Expense $1,200
  • New Taxes Expense $14,375
  • Operating Expense $18,835

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: DOR15000*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6258008012
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 294.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, In Kitchen, Inside
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Sq Ft: 17826.00
  • Lot Size Acres: 0.4092

Multi Family

  • Electric Expense: 800.00
  • Gross Scheduled Income: 43000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 17826.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 18835.00

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Census Tract: 5512.02
  • Tax Lot: 7
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2021
Sold by
Shah Amit and Shah Sweta
Bought by
Dharmaraj Realty Llc
Current Estimated Value
$1,580,365

Purchase Details

Listed on
Jul 10, 2019
Closed on
Jul 24, 2019
Sold by
Guzman Ruben
Bought by
Gujral Renuka and Montenegro Douglas Manrique
Seller's Agent
Valerie Maldonado
Keller Williams Coastal Proper
Buyer's Agent
Mel Hernandez
Sync Brokerage, Inc.
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$862,500
Interest Rate
3.7%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Guzman Ruben and Sandoval Josefina
Bought by
Guzman Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Flores Eloy
Bought by
Sandoval Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2002
Sold by
Cevallos Karla Prisilla and Cevallos Sergio
Bought by
Guzman Ruben and Sandoval Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2000
Sold by
Quintero Zita M
Bought by
Cevallos Sergio and Cevallos Karla Priscilla

Purchase Details

Closed on
Aug 24, 1998
Sold by
Cevallos Sergio
Bought by
Cevallos Karla Prisilla and Cevallos Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
7.96%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Laqui Avelino And Isabel Trs
Bought by
Cevallos Sergio and Cevallos Karla Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
7.96%
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
Dharmaraj Realty Llc -- Accommodation/Courtesy Recordi
Gujral Renuka $1,150,000 Orange Coast Title Company
Guzman Ruben -- Ticor Title Company
Sandoval Josefina -- American Title Co
Guzman Ruben $580,000 American Title
Cevallos Sergio -- American Title Co
Cevallos Karla Prisilla -- American Title
Cevallos Sergio $322,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gujral Renuka $862,500
Previous Owner Guzman Ruben $528,000
Previous Owner Guzman Ruben $464,000
Previous Owner Cevallos Karla Prisilla $300,600
Previous Owner Cevallos Sergio $269,377
Closed Guzman Ruben $58,000
Closed Guzman Ruben $79,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $1,150,000 0.0% $294 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $1,150,000 -- $294 / 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 $15,991 $1,257,531 $833,048 $424,483
2024 $15,991 $1,232,874 $816,714 $416,160
2023 $15,455 $1,208,700 $800,700 $408,000
2022 $14,694 $1,185,151 $772,925 $412,226
2021 $14,362 $1,161,914 $757,770 $404,144
2020 $14,147 $1,150,000 $750,000 $400,000
2019 $10,809 $848,731 $360,124 $488,607
2018 $10,350 $832,090 $353,063 $479,027
2016 $10,031 $799,781 $339,354 $460,427
2015 $9,892 $787,768 $334,257 $453,511
2014 $9,351 $772,338 $327,710 $444,628
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    Valerie Maldonado

    Keller Williams Coastal Proper

    (562) 961-1400

    11 Total Sales

    Valerie Maldonado
    Section Image

  • M

    Buyer's Agent in 2019

    Mel Hernandez

    Sync Brokerage, Inc.

    (818) 360-3430

    2 Total Sales

    Mel Hernandez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19163828

California Regional Multiple Listing Service (CRMLS)

APN: 6258-008-012

California Los Angeles County Downey 90242

12040 Dolan Ave, Downey, CA

Not Listed for Sale

MultiFamily

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