NOT LISTED FOR SALE

7302 Benares St Downey, CA 90241

Estimated Value: $1,230,249 - $1,288,000

7 Beds
5 Baths
3,442 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2025

Last sale price $1,265,000 $368 Per Sq Ft

Current estimated payment $7,435 / mo

14 Days on Market

About This Home

As of April 2025

This is a great opportunity to own an income property in the most desirable part of Downey. Out of the three units the large 2 story 4 bedroom 3 bathroom main house will be delivered vacant (that is where the owners live currently) and the other 2 units will be sold with great tenants who pay their rent on time and are on month to month lease terms. The property has been kept well and sits on a nice quiet street and has plenty of parking. The tenants pay all of their utilities. The units have separate meters.

Last Agent to Sell the Property

Brandon Hauer

Brandon Hauer Real Estate Group License #01741530 Listed on: 01/24/2025

Last Buyer's Agent

Kelsey Metter

LPT Realty, Inc License #02235813

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 11,248 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 3,442 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 12 Car Garage
  • Carport

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6231-015-012

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: This is a great opportunity to own an income property in the most desirable part of Downey. Out of the three units the large 2 story 4 bedroom 3 bathroom main house will be delivered vacant (that is where the owners live currently) and the other 2 units will be sold with great tenants who pay their rent on time and are on month to month lease terms. The property has been kept well and sits on a nice quiet street and has plenty of parking. The tenants pay all of their utilities. The units have separate meters.
  • Living Area: 3442
  • Lot Acreage: 0.2582
  • Stories: 2
  • Year Built: 1942
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 348.63

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 12

Lot Info

  • Assessed Improvement Percent: 45.98
  • Assessed Improvement Value: 289658
  • Assessed Land Percent: 54.02
  • Assessed Land Value: 340351
  • Total Assessed Value: 630009
  • Assessor Parcel Number: 6231-015-012
  • Lot Size Area: 11248

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Mar 11, 2025
Sold by
Farhat Sara
Bought by
Saab Hussien
Seller's Agent
Brandon Hauer
Brandon Hauer Real Estate Group
Buyer's Agent
Kelsey Metter
LPT Realty, Inc
List Price
$1,200,000
Sold Price
$1,265,000
Premium/Discount to List
$65,000
5.42%
Views
39
Current Estimated Value
$1,268,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,312
Avg. Annual Appreciation
0.25%
Original Mortgage
$865,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2025
Closed on
Feb 19, 2025
Sold by
Delgado Miguel Medina
Bought by
Cuevas Mary Lourdes
Seller's Agent
Brandon Hauer
Brandon Hauer Real Estate Group
Buyer's Agent
Kelsey Metter
LPT Realty, Inc
List Price
$1,200,000
Sold Price
$1,265,000
Premium/Discount to List
$65,000
5.42%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2025
Closed on
Feb 10, 2025
Sold by
Lara Eladio and Lara Felipa Olea
Bought by
Saab Hussien
Seller's Agent
Brandon Hauer
Brandon Hauer Real Estate Group
Buyer's Agent
Kelsey Metter
LPT Realty, Inc
List Price
$1,200,000
Sold Price
$1,265,000
Premium/Discount to List
$65,000
5.42%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2025
Sold by
Lara Eladio and Lara Felipa Olea
Bought by
Lara Eladio and Lara Felipa Olea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Olea Lara Eladio and Olea Lara Felipa
Bought by
Olea Lara Eladio and Olea Lara Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2015
Sold by
Olea Lara Eladio and Olea Lara Felipa
Bought by
Olea Lara Eladio and Olea Lara Felipa

Purchase Details

Closed on
Aug 11, 2005
Sold by
Lara Eladio
Bought by
Olea Lara Eladio and Olea Lara Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Lara Felipa Olea
Bought by
Lara Eladio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Djokovic Cano and Djokovic Helmaza
Bought by
Olea Lara Eladio and Olea Lara Felipa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Interest Rate
7.5%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Pepaj Vasel and Pepaj Deborah
Bought by
Djokovic Cano and Djokovic Helmaza
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Saab Hussien -- Wfg National Title
Cuevas Mary Lourdes -- Wfg National Title
Saab Hussien $1,265,000 Wfg National Title
Lara Eladio -- Wfg National Title
Olea Lara Eladio -- First American Title Company
Olea Lara Eladio -- None Available
Olea Lara Eladio -- --
Lara Eladio -- Alliance Title Company
Olea Lara Eladio $435,000 Commerce Title
Djokovic Cano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saab Hussien $865,000
Previous Owner Olea Lara Eladio $489,500
Previous Owner Lara Eladio $500,000
Previous Owner Olea Lara Eladio $413,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $1,265,000 +5.4% $368 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/24/2025 01/24/25 For Sale $1,200,000 -- $349 / Sq Ft
Source: The MLS

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 $8,532 $642,609 $347,158 $295,451
2024 $8,532 $630,009 $340,351 $289,658
2023 $8,254 $617,657 $333,678 $283,979
2022 $7,857 $605,547 $327,136 $278,411
2021 $7,641 $593,674 $320,722 $272,952
2020 $7,529 $587,588 $317,434 $270,154
2019 $7,451 $576,067 $311,210 $264,857
2018 $7,204 $564,772 $305,108 $259,664
2016 $6,970 $542,843 $293,261 $249,582
2015 $6,873 $534,690 $288,856 $245,834
2014 $6,508 $524,217 $283,198 $241,019
Source: Public Records

Agents Affiliated with this Home

  • Brandon Hauer

    Seller's Agent in 2025

    Brandon Hauer

    Brandon Hauer Real Estate Group

    (323) 445-8547

    52 Total Sales

    Brandon Hauer
    Section Image
  • Kelsey Metter

    Buyer's Agent in 2025

    Kelsey Metter

    LPT Realty, Inc

    (213) 550-7883

    6 Total Sales

    Kelsey Metter
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25-489262

The MLS

APN: 6231-015-012

California Los Angeles County Downey 90241

7302 Benares St, Downey, CA

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 MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.