NOT LISTED FOR SALE

12552 Brookshire Ave Downey, CA 90242

Estimated Value: $1,055,000 - $1,136,037

4 Beds
3 Baths
2,078 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,075,000 $517 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,876/month

37 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Laundry Room
  • Downey High School Rated A
  • Park
  • 3-minute walk to Brookshire Children's Park

About This Home

As of July 2024

Just Listed for Sale! Amazing find! Great opportunity to own (2) on a lot, Legal (2) unit/duplex in the desirable city of Downey, CA 90242. Live in one and rent the other or rent both out. Steps away from Brookshire Children's Park and less than 1.5 Miles from "Downey Landing" which features local Cine-mark theater, fitness center, restaurants, bars, grills and a large array of stores. Great addition to any real estate portfolio or real estate schedule. 105 Fwy's are near by connecting you to 605 Fwys, 5 Fwys and 710 Fwys. Front Unit (12550) single story consists of: (2) Bedrooms (1) Bathroom, indoor laundry room, ample living room, dining room next to kitchen. Rear unit (12552) consists of 2 story: (2) Bedrooms (1) Bathroom + 1/2 restroom downstairs, indoor laundry room downstairs, kitchen downstairs, living room all down stairs. Bedrooms and bathroom are located on the second floor. Rare (4) Car Garage Detached. (3) electrical meters, 1 for each unit and 1 for the Garages, (2) gas meters, 1 for each unit, (1) water meter. Great upside potential, surrounded by multi unit properties.

Last Agent to Sell the Property

Carlos Garcia

SOUTHLAND Real Estate Service Brokerage Phone: 562-307-5636 License #01320764 Listed on: 04/24/2024

SOUTHLAND Real  Estate Service

Last Buyer's Agent

William Neri

Berkshire Hathaway HomeService License #01862347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,927

Year Built

  • Built in 1967

Lot Details

  • 5,249 Sq Ft Lot
  • Lot Dimensions are 46' x 115'
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Duplex

Interior Spaces

  • 2,078 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 2723
  • Assessor Parcel Number 6261009012
  • $648 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,320
  • Trash Expense $756
  • Water Sewer Expense $900
  • Operating Expense $3,576
  • Gross Income $27,600
  • Net Operating Income $24,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,927

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 550000
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: DOR15000*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6261009012
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 517.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Trash Expense: 756.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, Park Nearby
  • Lot Size: 46' x 115'
  • Lot Size Sq Ft: 5249.00
  • Lot Size Acres: 0.1205
  • Latitude Manual: 33.92071800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1320.00
  • Lot Size Area: 5249.0000 Square Feet
  • Net Operating Income: 24024.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3576.00
  • Other Income Description: Current income front unit only
  • Rent Control: No
  • Total Expenses: 3576.00

Tax Info

  • Tax Census Tract: 5512.03
  • Tax Lot: 12
  • Tax Tract Number: 2723
  • TaxOtherAnnualAssessmentAmount: 648.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jul 24, 2024
Sold by
Avila Pedro and Avila Maria Luis
Bought by
My Home Mi Casa Llc
Seller's Agent
Carlos Garcia
SOUTHLAND Real Estate Service
Buyer's Agent
William Neri
Berkshire Hathaway HomeService
List Price
$1,100,000
Sold Price
$1,075,000
Premium/Discount to List
-$25,000
-2.27%
Views
53
Current Estimated Value
$1,094,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,759
Avg. Annual Appreciation
1.73%
Original Mortgage
$704,784
Outstanding Balance
$687,761
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$406,998

Purchase Details

Closed on
Jun 13, 2006
Sold by
Juarez Julio R and Piamba Luis A
Bought by
Avila Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,920
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Valdez Luis
Bought by
Valdez Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,065
Interest Rate
4.63%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 8, 2004
Sold by
Valdez Marina and Mclaughlin Mary Louise
Bought by
Juarez Julio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,065
Interest Rate
4.63%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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
My Home Mi Casa Llc $1,075,000 Orange Coast Title Company
Avila Pedro $750,000 Fidelity National Title Co
Valdez Marina -- Fidelity Long Beach
Juarez Julio R $435,000 Fidelity Long Beach
Juarez Julio R -- Fidelity Long Beach
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open My Home Mi Casa Llc $704,784
Closed My Home Mi Casa Llc $469,856
Previous Owner Avila Pedro $107,763
Previous Owner Avila Pedro $599,920
Previous Owner Juarez Julio R $81,500
Previous Owner Juarez Julio R $40,000
Previous Owner Juarez Julio R $391,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,075,000 -2.3% $517 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $1,100,000 -- $529 / 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 $10,927 $1,075,000 $525,000 $550,000
2024 $10,927 $865,000 $599,700 $265,300
2023 $10,752 $865,000 $599,700 $265,300
2022 $9,093 $750,000 $520,000 $230,000
2021 $9,051 $750,000 $520,000 $230,000
2019 $8,270 $680,000 $472,400 $207,600
2018 $8,178 $680,000 $472,400 $207,600
2016 $6,610 $540,000 $442,300 $97,700
2015 $6,611 $540,000 $442,300 $97,700
2014 $5,575 $470,000 $385,000 $85,000
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: RS24081969

California Regional Multiple Listing Service (CRMLS)

APN: 6261-009-012