NOT LISTED FOR SALE

12440 Rose Ave Downey, CA 90242

Estimated Value: $831,404 - $944,000

4 Beds
2 Baths
1,336 Sq Ft
$658/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $710,000 $531 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,417/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Cooling System Mounted To A Wall/Window
  • Downey High School Rated A-
  • Granite Countertops
  • Living Room

About This Home

As of June 2021

Opportunity awaits*** here is a great opportunity to own a duplex in a great location, this duplex features 3 bedroom 1 bath front unit, 1 bedroom 1 bath back unit. Each unit has their own parking area, and laundry rooms. The lot is a DR3 zoning, 5001 square foot lot , there is also a separate laundry in rear of the front unit, whether looking to own or invest this is definitely an opportunity for either... it is close to shopping, schools, restaurants and much much more... Do not miss this one !!!

Last Agent to Sell the Property

Wanda Whiteside

American Financial Group License #01190138 Listed on: 05/19/2021

Last Buyer's Agent

Jose Salinas

Executive Bankers Realty License #01773325

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 1,336 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6200
  • Assessor Parcel Number 6256006020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $35
  • Trash Expense $105
  • Water Sewer Expense $80
  • New Taxes Expense $4,841
  • Operating Expense $5,061
  • Gross Income $18,000
  • Net Operating Income $12,939

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 80.00
  • Zoning: DR3*
  • Property Type: Residential Income
  • Parcel Number: 6256006020
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Price Per Square Foot: 531.44
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 105.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Multi Family

  • Electric Expense: 35.00
  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 12939.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Operating Expense: 5061.00
  • Rent Control: No
  • Total Expenses: 5061.00

Tax Info

  • New Taxes Expense: 4841.30
  • Tax Census Tract: 5511.01
  • Tax Lot: 6
  • Tax Tract Number: 6200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2015
Sold by
Burrowes Joan P
Bought by
Borrowes Joan P and The Joan P Burrowes Living Tru
Current Estimated Value
$879,101

Purchase Details

Closed on
May 27, 2014
Sold by
Cummings Ron E and Cummings Joan P
Bought by
Burrowes Joan P and Cummings Joan P

Purchase Details

Closed on
Dec 6, 2011
Sold by
Cummings Joan P and The Cummings Family Living Tru
Bought by
Cummings Ron E and Cummings Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,300
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Cummings Joan P and Burrowes Joan
Bought by
Cummings Joan P and The Cummings Family Living Tru

Purchase Details

Closed on
Mar 19, 2003
Sold by
Villasenor Francisco Javier and Villasenor Dorian
Bought by
Burrowes Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Borrowes Joan P -- None Available
Burrowes Joan P -- None Available
Cummings Ron E -- Chicago Title Company
Cummings Joan P -- None Available
Burrowes Joan $290,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Ron E $293,300
Previous Owner Burrowes Joan $232,000
Closed Burrowes Joan $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $710,000 +1.4% $531 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $699,900 -- $524 / 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 $9,733 $768,524 $499,000 $269,524
2024 $9,583 $753,456 $489,216 $264,240
2023 $9,254 $738,683 $479,624 $259,059
2022 $8,787 $724,200 $470,220 $253,980
2021 $4,914 $388,014 $194,007 $194,007
2020 $4,841 $384,036 $192,018 $192,018
2019 $4,771 $376,506 $188,253 $188,253
2018 $4,623 $369,124 $184,562 $184,562
2016 $4,482 $354,794 $177,397 $177,397
2015 $4,418 $349,466 $174,733 $174,733
2014 $4,179 $342,622 $171,311 $171,311
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21105545

California Regional Multiple Listing Service (CRMLS)

APN: 6256-006-020