NOT LISTED FOR SALE

12658 Glenshire Rd Downey, CA 90242

Estimated Value: $1,217,000 - $1,552,139

7 Beds
4 Baths
2,923 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $929,000 $318 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,237/month

51 Days on Market

About This Home

As of October 2016

HUGE LOT (22,615 SQ FT) WITH FOUR SEPARATE HOUSES. EACH HOUSE HAS SEPARATE YARD, SEPARATE METERS AND SEPARATE PARKING. THE FRONT HOUSE HAS DOUBLE GARAGE WITH 2 SINGLE GARAGE DOORS, THE BACK HOUSE HAS A DOUBLE GARAGE WITH A 1-CAR GARAGE DOOR, THE BACK HOUSE HAS MASSIVE PRIVATE YARD AREAS ON EACH SIDE. ALL THE OTHER HOMES HAVE SEPARATE PRIVATE YARDS PLUS THERE IS AN ADDITIONAL LARGE OPEN YARD AREA BETWEEN THE FRONT THREE HOMES AND THE BACK HOUSE.

Last Agent to Sell the Property

Miles Evans

Park Estates Realty License #00810763 Listed on: 08/17/2016

Last Buyer's Agent

Lourdes Galvez

Lourdes Galvez, Broker License #01439834

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.52 Acre Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • 1 Carport Space

Home Design

  • 2,923 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 6256012017

Community Details

Overview

  • 4 Buildings
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: DOR105
  • Property Type: Residential Income
  • Parcel Number: 6256012017
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 317.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 22608.00
  • Price Per Lot Square Foot: 41.98

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Rangel Family Trust
Bought by
Oralia Rangel Survivors Trust and Rangel
Current Estimated Value
$1,354,285

Purchase Details

Listed on
Aug 17, 2016
Closed on
Oct 7, 2016
Sold by
Prior Frank E
Bought by
Rangel Oralia and The Rangel Family Trust
Seller's Agent
Miles Evans
Park Estates Realty
Buyer's Agent
Lourdes Galvez
Lourdes Galvez, Broker
List Price
$949,000
Sold Price
$929,000
Premium/Discount to List
-$20,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Benitez Josefina
Bought by
Prior Frank E

Purchase Details

Closed on
Aug 28, 2010
Sold by
Benitez Josefina
Bought by
Mancia Mauricio Alonso

Purchase Details

Closed on
Oct 17, 2007
Sold by
Prior Frank E and Backstrom Sandra L
Bought by
Benitez Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,200
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
Wright Charles and Wright Gayle
Bought by
Prior Frank E and Backstrom Sandra L

Purchase Details

Closed on
Sep 6, 2002
Sold by
Wisdom Bonnie and F D Wisdom Family Trust
Bought by
Prior Frank E

Purchase Details

Closed on
Oct 10, 2001
Sold by
Dickson Archie M and Estate Of Muriel E Holdemess
Bought by
Wright Charles and Wright Gayle
Source: Public Records

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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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
Oralia Rangel Survivors Trust -- None Listed On Document
Rangel Oralia $929,000 Ticor Title
Prior Frank E $528,000 None Available
Mancia Mauricio Alonso -- None Available
Benitez Josefina $945,000 North American Title Company
Prior Frank E $442,000 First American Title Co
Prior Frank E -- American Title
Wright Charles -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Josefina $767,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Off Market $929,000 -- --
10/14/2016 10/14/16 Sold $929,000 -2.1% $318 / Sq Ft
08/17/2016 08/17/16 For Sale $949,000 -- $325 / 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 $13,943 $1,078,177 $862,312 $215,865
2024 $13,943 $1,057,037 $845,404 $211,633
2023 $13,480 $1,036,312 $828,828 $207,484
2022 $12,822 $1,015,993 $812,577 $203,416
2021 $12,507 $996,073 $796,645 $199,428
2020 $12,323 $986,161 $788,477 $197,684
2019 $12,194 $966,831 $773,017 $193,814
2018 $11,827 $947,880 $757,860 $190,020
2016 $7,530 $571,430 $378,790 $192,640
2015 $7,425 $562,848 $373,101 $189,747
2014 $7,050 $551,824 $365,793 $186,031
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Miles Evans

    Park Estates Realty

    (562) 430-5080

    28 Total Sales

    Miles Evans
    Section Image
  • Lourdes Galvez

    Buyer's Agent in 2016

    Lourdes Galvez

    Lourdes Galvez, Broker

    (562) 715-6240

    10 Total Sales

    Lourdes Galvez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16181680

California Regional Multiple Listing Service (CRMLS)

APN: 6256-012-017

California Los Angeles County Downey 90242

12658 Glenshire Rd, Downey, CA

Not Listed for Sale

MultiFamily

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