Gonzalo Gomez
EXCELLENCE RE REAL ESTATE
(562) 414-5730
39 Total Sales
3 in East Los Angeles
$570K - $690K Price Range
617 S Downey Rd Los Angeles, CA 90023
East Los Angeles AreaEstimated Value: $911,000 - $1,222,553
6
Beds
2
Baths
2,496
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Granite Countertops
- Neighborhood Views
- Wood Flooring
- No HOA
- Double Pane Windows
About This Home
As of January 2023Great Investment Opportunity in East Los Angeles! Both units are 3 bedroom / 1 bathroom with their own laundry facilities. Great for owners to live in one and rent the other for income potential. Rear unit is currently vacant & the front unit is occupied by family member & will be delivered vacant at close of escrow. Both units have updated large kitchen with granite counter tops, lots of cabinet storage space and countertop space, recessed lighting, an inside laundry room off the kitchen in unit 617, laundry in the breezeway for unit 615, and a breakfast bar and separate dining area. Bathrooms have been updated. Other updated systems are central air conditioning and heating for both units, updated sewer line, gated parking area for 6 cars, separate gas & electrical meters, and some newer windows. Garage has been converted into a workshop and could be an opportunity to add ADU for additional income (buyer to check city/county). Property is centrally located to public transportation, freeways and shopping.
Last Agent to Sell the Property
T.N.G. Real Estate Consultants License #01836828 Listed on: 12/16/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 7,671 Sq Ft Lot
- No Common Walls
- Cross Fenced
- Front Yard
Parking
- 6 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Workshop in Garage
- Shared Driveway
Home Design
- Duplex
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,496 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Double Pane Windows
- Neighborhood Views
- Granite Countertops
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 84
- Tax Tract Number 5312
- Assessor Parcel Number 5236004004
- $1,227 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $700
- Trash Expense $500
- Water Sewer Expense $1,300
- Operating Expense $2,500
- Net Operating Income $74,300
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2022
Closed on
Dec 28, 2022
Sold by
Bought by
Seller's Agent
Lori DeSantis
T.N.G. Real Estate Consultants
Buyer's Agent
Jesus Onate
ROA California Inc.
List Price
$889,000
Sold Price
$935,000
Premium/Discount to List
$46,000
5.17%
Views
67
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,888
Avg. Annual Appreciation
2.01%
Original Mortgage
$918,064
Outstanding Balance
$877,713
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$125,175
Purchase Details
Closed on
Apr 3, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 17, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Los Angeles, CA
-
Gonzalo Gomez
-
Pedro Molina
Pedro Molina
RE/MAX CHAMPIONS
(909) 742-7074
45 Total Sales
1 in East Los Angeles
$900,000 Price
-
Linda Corpuz
Linda Corpuz
Responds QuicklyVilla Realty Group
(562) 501-4366
33 Total Sales
1 in East Los Angeles
$670,000 Price
-
Mary Gonzalez
Mary Gonzalez
Responds QuicklyExpert's Of Real Estate
(805) 669-3091
40 Total Sales
1 in East Los Angeles
$535,000 Price
-
Armando Arenas
Armando Arenas
GEORGE MICHAEL REALTY
(562) 454-0391
43 Total Sales
4 in East Los Angeles
$265K - $631K Price Range
-
Emma Perez
Emma Perez
Responds QuicklyCentury 21 Cornerstone
(747) 223-6382
82 Total Sales
3 in East Los Angeles
$610K - $805K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $935,000 | Fidelity National Title | ||
| $180,000 | First American | ||
| -- | Old Republic Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $918,064 | ||
| Previous Owner | $428,000 | ||
| Previous Owner | $335,776 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $375,000 | ||
| Previous Owner | $157,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/25/2023 01/25/23 | Sold | $935,000 | +5.2% | $375 / Sq Ft |
| 12/25/2022 12/25/22 | Pending | -- | -- | -- |
| 12/16/2022 12/16/22 | For Sale | $889,000 | -- | $356 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,068 | $972,774 | $556,614 | $416,160 |
| 2024 | $12,763 | $953,700 | $545,700 | $408,000 |
| 2023 | $5,098 | $322,272 | $176,485 | $145,787 |
| 2022 | $4,885 | $315,954 | $173,025 | $142,929 |
| 2021 | $4,741 | $309,760 | $169,633 | $140,127 |
| 2020 | $4,767 | $306,585 | $167,894 | $138,691 |
| 2019 | $4,609 | $300,574 | $164,602 | $135,972 |
| 2018 | $4,429 | $294,681 | $161,375 | $133,306 |
| 2017 | $4,347 | $288,904 | $158,211 | $130,693 |
| 2016 | $4,231 | $283,240 | $155,109 | $128,131 |
| 2015 | $4,171 | $278,987 | $152,780 | $126,207 |
| 2014 | $4,174 | $273,523 | $149,788 | $123,735 |
Source: Public Records
Agents Affiliated with this Home
-
Lori DeSantis
Seller's Agent in 2023
Lori DeSantis
T.N.G. Real Estate Consultants
(562) 818-5610
113 Total Sales
-
Jesus Onate
Buyer's Agent in 2023
Jesus Onate
ROA California Inc.
(562) 688-5214
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22256677
APN: 5236-004-004
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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