NOT LISTED FOR SALE

12637 Columbia Way Downey, CA 90242

Estimated Value: $998,000 - $1,139,000

4 Beds
4 Baths
2,199 Sq Ft
$482/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $999,000 $454 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,794/month

170 Days on Market

Highlights

  • Traditional Architecture
  • Ceramic Countertops
  • Storage
  • Downey High School Rated A
  • Park
  • Accessible Parking

About This Home

As of February 2024

*** UPDATE - ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW *** An exceptional investment opportunity is now available in the heart of Southern California for an owner-user or investor. Welcome to 12637 Columbia Way, a well-manicured triplex in great condition in the highly desirable community of Downey, situated on a 6,550+ sq ft lot with over 2,100 sq ft of living space. This property consists of 4 bedrooms and 4 bathrooms, 2 units feature 1 bedroom and 1 bathroom and the 3rd unit offers a spacious 2 bedroom 2 bathroom with a lovely patio area accessible through the living room and kitchen, this unit has direct access to an attached garage with washer & dryer hook ups. A second garage is shared by the other 2 units. All units have kitchen doors exiting to the outside, allowing access to the rear walkway which leads to the garages. This prime location is close to major transportation corridors, bus routes, schools, shopping, dining, and other commercial establishments.

Last Agent to Sell the Property

Thomas Phillips

Residian Property Group, Inc. License #01787705 Listed on: 07/11/2023

Co-Listed By

Carolina Macias

Cambria Real Estate License #02164693

Last Buyer's Agent

Janely Sandoval

Century 21 Allstars License #01972257

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1959

Lot Details

  • 6,551 Sq Ft Lot
  • No Common Walls
  • South Facing Home

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,199 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Ceramic Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for trash collection, water
  • Tax Lot 145
  • Tax Tract Number 551
  • Assessor Parcel Number 6256013017

Community Details

Overview

  • 3 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Operating Expense $2,500
  • Gross Income $24,840
  • Net Operating Income $22,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,109

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Rancho Santa Gertrudes
  • View: No
  • Zoning: DOR2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6256013017
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Storage, Ceramic Counters, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 454.30
  • Room Type: Kitchen

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Suburban, Street Lights, Park

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6551.00
  • Lot Size Acres: 0.1504

Rental Info

  • Tenant Pays: Trash Collection, Water

Multi Family

  • Average1 Bed Area: 550
  • Average2 Bed Area: 1099
  • Gross Income: 24840.00
  • Gross Scheduled Income: 24840.00
  • Lot Size Area: 6551.0000 Square Feet
  • Net Operating Income: 22340.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 2500.00

Tax Info

  • Tax Lot: 145
  • Tax Tract: 16069
  • Tax Tract Number: 551...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Garcia Karina
Bought by
Agustin Garcia Martinez And Karina Garcia Liv and Martinez
Current Estimated Value
$1,059,541

Purchase Details

Listed on
Jul 11, 2023
Closed on
Dec 27, 2023
Sold by
Garcia Agustin
Bought by
Garcia Karina
Seller's Agent
Thomas Phillips
Residian Property Group, Inc.
Buyer's Agent
Janely Sandoval
Century 21 Allstars
List Price
$1,100,000
Sold Price
$999,000
Premium/Discount to List
-$101,000
-9.18%
Views
716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$749,250
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1994
Sold by
Gibson William and Gibson Margaret Anne
Bought by
Gibson William and Gibson Margaret Anne
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
Agustin Garcia Martinez And Karina Garcia Liv -- None Listed On Document
Garcia Karina -- First American Title Company
Garcia Karina $999,000 First American Title Company
Gibson William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Karina $749,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2024 02/08/24 Sold $999,000 0.0% $454 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $999,000 -9.2% $454 / Sq Ft
07/10/2023 07/10/23 For Sale $1,100,000 -- $500 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $2,109 $1,018,980 $612,000 $406,980
2024 $2,109 $104,731 $43,707 $61,024
2023 $2,057 $102,678 $42,850 $59,828
2022 $1,980 $100,665 $42,010 $58,655
2021 $1,872 $98,692 $41,187 $57,505
2019 $1,831 $95,766 $39,966 $55,800
2018 $1,688 $93,889 $39,183 $54,706
2016 $1,609 $90,245 $37,662 $52,583
2015 $1,585 $88,891 $37,097 $51,794
2014 $1,536 $87,151 $36,371 $50,780
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Thomas Phillips

    Residian Property Group, Inc.

    (626) 429-0273

    9 Total Sales

    Thomas Phillips
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Carolina Macias

    Cambria Real Estate

    (714) 846-3800

    10 Total Sales

    Carolina Macias
    Section Image
  • Janely Sandoval

    Buyer's Agent in 2024

    Janely Sandoval

    Century 21 Allstars

    (562) 863-2121

    83 Total Sales

    Janely Sandoval
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14306

Pasadena-Foothills Association of REALTORS®

APN: 6256-013-017

California Los Angeles County Downey 90242

12637 Columbia Way, Downey, CA

This home is located at 12637 Columbia Way, Downey, CA 90242 since 11 July 2023 and is currently estimated at $1,059,541, approximately $481 per square foot. This property was built in 1959. 12637 Columbia Way is a home located in Los Angeles County with nearby schools including Lewis Elementary School, Sussman Middle School, and Downey High 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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