NOT LISTED FOR SALE

12507 Rose Ave Downey, CA 90242

Estimated Value: $1,202,000 - $1,301,000

7 Beds
4 Baths
2,640 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $660,000 $250 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,822/month

68 Days on Market

About This Home

As of December 2014

SELLER SAYS SELL IT! REDUCED PRICE BY $10,000.REGULAR SALE!!! Wow!!! Wow!!! Wow!!! Amazing Great income property opportunity in good rental area of Downey near schools, shopping and transportation, a good property for an investor.Front unit is a 3bedroom+1bath second unit is 2bedroom 1bath the other 2 are 1bedroom 1bath each.
Please, DO NOT DISTURB OR CONTACT TENANTS, DRIVE BY ONLY, SUBJECT TO INSPECTION

Last Agent to Sell the Property

Victor Ambriz Jr

Keller Williams SELA License #00952349 Listed on: 07/08/2014

Keller Williams SELA

Last Buyer's Agent

Alfredo Pineda

Keller Williams Beverly Hills License #01434229

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,333

Year Built

  • Built in 1963

Lot Details

  • 4,751 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,640 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6200
  • Assessor Parcel Number 6256008009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,760
  • New Taxes Expense $8,625
  • Gross Income $4,070
  • Net Operating Income $36,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,333

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6256008009
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4751.00
  • Lot Size Acres: 0.1090

Multi Family

  • Gross Income: 4070.00
  • Gross Scheduled Income: 48840.00
  • Insurance Expense: 2760.00
  • Lot Size Area: 4751.0000 Square Feet
  • Net Operating Income: 36695.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11385.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8625.00
  • Tax Lot: 7
  • Tax Tract Number: 6200
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2020
Sold by
Giries Leila
Bought by
Garabet Roger and Garabet Amy
Current Estimated Value
$1,256,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,400
Outstanding Balance
$637,832
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$601,129

Purchase Details

Closed on
Sep 30, 2014
Sold by
Giries David H
Bought by
Giries Leila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2014
Sold by
Nevarez Arturo and Nevarez Sandra M
Bought by
Giries Leila and Garabet Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Garabet Roger -- Corinthian Title Company
Giries Leila -- None Available
Giries Leila $660,000 Pct
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garabet Roger $716,400
Previous Owner Giries Leila $462,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $660,000 -4.3% $250 / Sq Ft
09/14/2014 09/14/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $690,000 -- $261 / 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
2024 $10,333 $777,658 $294,566 $483,092
2023 $9,989 $762,411 $288,791 $473,620
2022 $9,501 $747,463 $283,129 $464,334
2021 $9,240 $838,815 $333,248 $505,567
2020 $9,104 $725,295 $274,732 $450,563
2019 $9,007 $711,075 $269,346 $441,729
2018 $8,772 $697,133 $264,065 $433,068
2016 $8,506 $670,064 $253,812 $416,252
2015 $8,385 $660,000 $250,000 $410,000
2014 $5,619 $440,000 $108,500 $331,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Victor Ambriz Jr

    Keller Williams SELA

    (562) 842-7248

    5 in this area

    28 Total Sales

    Victor Ambriz Jr
    Section Image

  • A

    Buyer's Agent in 2014

    Alfredo Pineda

    Keller Williams Beverly Hills

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14150461

California Regional Multiple Listing Service (CRMLS)

APN: 6256-008-009

California Los Angeles County Downey 90242

12507 Rose Ave, Downey, CA

This home is located at 12507 Rose Ave, Downey, CA 90242 since 08 July 2014 and is currently estimated at $1,256,701, approximately $476 per square foot. This property was built in 1963. 12507 Rose Ave is a home located in Los Angeles County with nearby schools including Alameda Elementary School, Carpenter Elementary School, and Sussman Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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