$1,200,000

12843 Columbia Way Downey, CA 90242

Estimated payment $7,614/month

Total Views 124
4 Beds
2 Baths
1,760 Sq Ft
$682 Price per Sq Ft

Highlights

  • Laundry Room
  • Tile Flooring
  • 1-Story Property
  • Downey High School Rated A
  • Central Heating and Cooling System

About This Home

Well maintained duplex with good tenants in place. Great investment opportunity. Desirable location. Both units have 2 bedrooms and 1 bath, interior laundry and Central AC/Heat. Upgrades include full copper repipe, Oak cabinetry, Remodeled kitchens, Tile flooring and Hardwired smart smoke/co detectors. Owner pays water for both units. Gas and electricity are individually metered and paid by Tenants. 1 unit has a 2 car garage and the other has gated cement pad parking in the yard. Nicely landscaped yards with fruit trees. Good tenants in place. Rents currently close to market rate. Close to Kaiser, LA County Office of Education, Shopping, Restaurants and Freeway Access. Pics taken when previously vacant. Please do not disturb Tenants!

Listing Agent

Brad Lindenberg

Coldwell Banker Tri-Counties R Brokerage Phone: 909-938-0709 License #01230990 Listed on: 06/17/2025

Coldwell Banker Tri-Counties R

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,918

Year Built

  • Built in 1953

Lot Details

  • 6,242 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 155
  • Tax Tract Number 16069
  • Assessor Parcel Number 6256013027
  • $610 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $4,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,918

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 600000
  • Property Attached: Yes
  • View: No
  • Zoning: DOR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6256013027
  • Year Built: 1953
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 681.82
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6242.00
  • Lot Size Acres: 0.1433

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 4280.00
  • Gross Scheduled Income: 4280.00
  • Lot Size Area: 6242.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Actual Rent: 4280.00

Tax Info

  • Tax Census Tract: 5518.01
  • Tax Lot: 155
  • Tax Tract Number: 16069
  • TaxOtherAnnualAssessmentAmount: 610.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,918 $860,351 $603,059 $257,292
2023 $9,631 $766,000 $490,800 $275,200
2022 $9,317 $766,000 $490,800 $275,200
2021 $9,199 $766,000 $490,800 $275,200
2020 $8,511 $710,000 $455,000 $255,000
2019 $8,099 $668,000 $428,000 $240,000
2018 $8,026 $668,000 $428,000 $240,000
2016 $6,089 $496,000 $356,800 $139,200
2015 $5,552 $450,000 $323,700 $126,300
2014 $4,975 $417,000 $300,000 $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $1,200,000 -- $682 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $655,000 Southland Title Company
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Benevest Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,730 New Conventional
Closed $430,000 New Conventional
Closed $495,000 New Conventional
Closed $524,000 Fannie Mae Freddie Mac
Previous Owner $188,300 No Value Available
Previous Owner $175,700 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25135505

California Regional Multiple Listing Service (CRMLS)

APN: 6256-013-027