NOT LISTED FOR SALE

12512 Rose Ave Downey, CA 90242

Downey Area

Estimated Value: $672,000 - $789,000

2 Beds
2 Baths
1,000 Sq Ft
$742/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2024

Last sale price $610,000 $610 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,342 / mo

93 Days on Market

Highlights

  • No HOA
  • Turnkey
  • Carpet
  • Downey High School Rated A-
  • Block Wall Fence
  • Wall Furnace

About This Home

As of January 2024

Welcome to this charming duplex in the city of Downey. This fantastic investment opportunity features two units, each offering one bedroom each. Two single detached garages, plenty of parking space. This property is centrally located near Discovery Sports Complex, shops, restaurants, highways and public transportation.

Last Agent to Sell the Property

Mike Pagan

Coldwell Banker Envision License #02012719 Listed on: 09/19/2023

Coldwell Banker Envision

Last Buyer's Agent

Mike Pagan

Coldwell Banker Envision License #02012719 Listed on: 09/19/2023

Coldwell Banker Envision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 6200
  • Assessor Parcel Number 6256007005
  • $521 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $1,092
  • Insurance Expense $837
  • Trash Expense $600
  • Water Sewer Expense $360
  • Operating Expense $3,789
  • Gross Income $33,528
  • Net Operating Income $29,739

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

5,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 360.00
  • Zoning: DOR3*
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1092.00
  • Parcel Number: 6256007005
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 610.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Gross Income: 33528.00
  • Gross Scheduled Income: 33528.00
  • Insurance Expense: 837.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 29739.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3789.00
  • Rent Control: No
  • Total Actual Rent: 2794.00
  • Total Expenses: 3789.00

Tax Info

  • Tax Census Tract: 5511.01
  • Tax Lot: 8
  • Tax Tract Number: 6200
  • TaxOtherAnnualAssessmentAmount: 521.00

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

Closed on
Jan 13, 2025
Sold by
Eva Macias
Bought by
Current Estimated Value
$666,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$827,377
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$84,976

Purchase Details

Closed on
Dec 30, 2024
Sold by
Rek Whittier Llc
Bought by
Said Remoun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$827,377
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$84,976

Purchase Details

Listed on
Sep 19, 2023
Closed on
Dec 27, 2023
Sold by
Veloff James P and Veloff Traci
Bought by
Rek Whittier Llc
Seller's Agent
Mike Pagan
Coldwell Banker Envision
Buyer's Agent
Mike Pagan
Coldwell Banker Envision
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Views
505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$548,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1996
Sold by
Veloff James P
Bought by
Veloff James P and Veloff Traci

Purchase Details

Closed on
Mar 12, 1996
Sold by
Ervin Frances M and Veloff Frances M
Bought by
Veloff James P
Source: Public Records

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
-- Chicago Title Company
Said Remoun -- Chicago Title Company
Rek Whittier Llc $610,000 Lawyers Title
Veloff James P -- Old Republic Title Company
Veloff James P -- Old Republic Title Company
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
Open $840,000
Previous Owner Rek Whittier Llc $548,000
Previous Owner Veloff James P $144,500
Previous Owner Veloff James P $168,500
Previous Owner Veloff James P $170,000
Previous Owner Veloff James P $109,700
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
01/17/2024 01/17/24 Sold $610,000 -12.7% $610 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $699,000 -- $699 / 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
2026 $8,203 $795,600 $632,400 $163,200
2025 $8,203 $622,200 $510,000 $112,200
2024 $2,203 $119,856 $68,809 $51,047
2023 $1,915 $117,507 $67,460 $50,047
2022 $1,832 $115,204 $66,138 $49,066
2021 $1,754 $112,946 $64,842 $48,104
2019 $1,713 $109,598 $62,920 $46,678
2018 $1,616 $107,450 $61,687 $45,763
2016 $1,556 $103,280 $59,293 $43,987
2015 $1,533 $101,730 $58,403 $43,327
2014 $1,470 $99,738 $57,259 $42,479
Source: Public Records

Agents Affiliated with this Home

  • Mike Pagan Real Estate Agent - Coldwell Banker Envision

    Seller's Agent in 2024

    Mike Pagan

    Coldwell Banker Envision

    (562) 291-8640

    31 Total Sales

    Mike Pagan
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23169479

California Regional Multiple Listing Service (CRMLS)

APN: 6256-007-005

California Los Angeles County Downey 90242

12512 Rose Ave, Downey, CA

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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