NOT LISTED FOR SALE

1420 S Downey Rd Los Angeles, CA 90023

Estimated Value: $736,000 - $918,000

4 Beds
3 Baths
1,904 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $550,000 $289 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,090/month

44 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Cooling System Mounted To A Wall/Window
  • James A. Garfield Senior High School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Parque de Los Suenos

About This Home

As of May 2020

*Great Opportunity* to own this Oversized Spacious Home, Ready for a Large Family or Perfect for Investors to Keep as an Instant Cash Flow Investment !! Property with Multiple Upgrades and great condition, Property is Gated with Plenty of Yard, Parking Space, an Attached 2 Car Garage, near Shopping Centers, Parks, Schools and Major Fwys. Call for private showing and more details. No Court Approval Needed, All Ready to Go...

Last Agent to Sell the Property

Lluvia Martinez

Executives Group Real Estate Inc. License #01719643 Listed on: 12/21/2019

Last Buyer's Agent

Sindy Lopez

No Firm Affiliation License #01979019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,792

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 5,421 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR4YY

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Tax Tract Number 4301
  • Assessor Parcel Number 5241023006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,792

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Text
  • Other Phone Number: 562-650-6212
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: LCR4YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5241023006
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1904.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 288.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5421.00
  • Lot Size Acres: 0.1244

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5421.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5313.02
  • Tax Lot: 4
  • Tax Tract Number: 4301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Moreno Braulio Ochoa and Ochoa Maria
Bought by
Moreno Braucio Ochoa and Ochoa Maria
Current Estimated Value
$816,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,616
Outstanding Balance
$469,146
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$298,185

Purchase Details

Listed on
Dec 21, 2019
Closed on
Mar 21, 2020
Sold by
Sanchez Zulai and Estate Of Victor J Suarez
Bought by
Ochoa Braulio and Ochoa Maria
Seller's Agent
Lluvia Martinez
Executives Group Real Estate Inc.
Buyer's Agent
Sindy Lopez
No Firm Affiliation
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$522,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Morales Alice and Estate Of Esperanza S Holguin
Bought by
Suarez Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1995
Sold by
Holguin Hope S
Bought by
Holguin Esperanza S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.09%
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
Moreno Braucio Ochoa -- Chicago Title Company
Ochoa Braulio $550,000 First American Title Company
Suarez Victor J $400,000 Orange Coast Title
Holguin Esperanza S -- United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Braucio Ochoa $523,616
Previous Owner Ochoa Braulio $522,500
Previous Owner Suarez Victor J $100,100
Previous Owner Suarez Victor J $320,000
Previous Owner Morales Alice $25,000
Previous Owner Holguin Esperanza S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $550,000 0.0% $289 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/21/2019 12/21/19 For Sale $550,000 -- $289 / 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 $7,792 $601,500 $463,265 $138,235
2024 $7,792 $589,707 $454,182 $135,525
2023 $7,658 $578,145 $445,277 $132,868
2022 $7,295 $566,810 $436,547 $130,263
2021 $7,207 $555,697 $427,988 $127,709
2020 $7,344 $550,000 $383,300 $166,700
2019 $6,467 $494,600 $349,000 $145,600
2018 $6,416 $494,600 $349,000 $145,600
2016 $5,404 $413,000 $291,400 $121,600
2015 $4,959 $376,000 $265,300 $110,700
2014 $4,425 $324,000 $228,600 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19284360

California Regional Multiple Listing Service (CRMLS)

APN: 5241-023-006