Seller's Agent in 2012
Greg Bassirpou
Marcus & Millichap RE Invest
(949) 419-3269
21 Total Sales
12515 Old River School Rd Downey, CA 90242
Downey Area
12
Beds
6
Baths
6,176
Sq Ft
8,862
Sq Ft Lot
Highlights
- Wood Siding
- Priceville Elementary School Rated 10
- No Heating
About This Home
As of August 2012six large two bedroom/one and a half bathroom townhouse style units. The building recently underwent renovations including all new windows, some new kitchens, cabinets counters and floors. Some other features include enclosed garages, private yards, on-site laundry and all copper plumbing. This offering represents a rare opportunity for an investor to get a 6.81 percent cash on cash return on an easy to manage building with a superior unit mix in the solid rental market of Downey, California.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01365951 Listed on: 07/01/2012
Last Buyer's Agent
JAMES GROSSE
PACIFIC REALTY CENTER License #01846851
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,862
Parking
- 6 Parking Spaces
Home Design
- 6,176 Sq Ft Home
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Bathrooms
Additional Features
- 8,862 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 9
- Tax Tract Number 24291
- Assessor Parcel Number 6233036001
Community Details
Overview
- 6 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $750
- Gardener Expense $1,100
- Insurance Expense $1,500
- Maintenance Expense $5,000
- Other Expense $3,000
- Trash Expense $1,000
- Water Sewer Expense $2,000
- New Taxes Expense $12,700
- Gross Income $7,850
- Net Operating Income $63,574
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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 |
|---|---|---|---|---|
| 08/31/2012 08/31/12 | Sold | $1,015,000 | -3.3% | $164 / Sq Ft |
| 08/27/2012 08/27/12 | Pending | -- | -- | -- |
| 07/01/2012 07/01/12 | For Sale | $1,050,000 | -- | $170 / 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 |
|---|---|---|---|---|
| 2025 | $24,231 | $1,857,113 | $955,087 | $902,026 |
| 2024 | $23,790 | $1,820,700 | $936,360 | $884,340 |
| 2023 | $22,994 | $1,785,000 | $918,000 | $867,000 |
| 2022 | $21,866 | $1,750,000 | $900,000 | $850,000 |
| 2021 | $15,002 | $1,160,691 | $339,713 | $820,978 |
| 2020 | $14,785 | $1,148,890 | $336,230 | $812,660 |
| 2019 | $14,632 | $1,126,366 | $329,638 | $796,728 |
| 2018 | $14,254 | $1,104,283 | $323,175 | $781,108 |
| 2016 | $16,333 | $1,282,000 | $500,000 | $782,000 |
| 2015 | $13,627 | $1,050,225 | $307,383 | $742,842 |
| 2014 | $12,906 | $1,029,653 | $301,362 | $728,291 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Bassirpou
-
J
Buyer's Agent in 2012
JAMES GROSSE
PACIFIC REALTY CENTER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S703655
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.
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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