NOT LISTED FOR SALE

7350 Nada St Downey, CA 90242

Estimated Value: $1,238,000 - $1,592,000

6 Beds
4 Baths
2,747 Sq Ft
$497/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,095,000 $399 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,362/month

20 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • 4 Car Garage
  • Williams Elementary School Rated 9+
  • Central Heating and Cooling System
  • Bike Trail

About This Home

As of April 2021

This property was built in 1989 and has 2 separate houses. Both houses are 3 bedroom 2 bathroom homes, both with fireplaces in the spacious living rooms and 2 car attached garages. Both homes have master bedrooms with their own private bathrooms. The front house is 1370 sqft with inside laundry and a walk in closet in the master bedroom. The back house is 1377 sqft with laundry in the attached garage. Both houses have central air and heating and their own separate backyards. The property can fit up to 10 cars due to its long driveway. The lot is 9613 sqft, this property is perfect for the owner to live in one and rent the second unit or as an investment property. Centrally located to the 5, 605,105 and 710 freeways. It is in close proximity to entertainment, shopping and dinning including the Promenade at Downey and Downey Land Shopping Center.

Last Agent to Sell the Property

Joanne Beck

California Capital Resources License #01170811 Listed on: 03/02/2021

Last Buyer's Agent

Esther Lee

Young Lee Real Estate Co. License #01303218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,677

Year Built

  • Built in 1989

Lot Details

  • 9,613 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,747 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 12408
  • Assessor Parcel Number 6232023003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,407
  • New Taxes Expense $14,375
  • Operating Expense $18,748
  • Gross Income $50,400
  • Net Operating Income $31,652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,677

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: DOR105
  • Property Type: Residential Income
  • Parcel Number: 6232023003
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 398.62

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9613.00
  • Lot Size Acres: 0.2207
  • Latitude Manual: 33.93935600

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1407.00
  • Lot Size Area: 9613.0000 Square Feet
  • Net Operating Income: 31652.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2966.00
  • Rent Control: No
  • Total Expenses: 18748.00

Tax Info

  • New Taxes Expense: 14375.00
  • Tax Census Tract: 5514.01
  • Tax Lot: 28
  • Tax Tract Number: 12408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2015
Sold by
Samodouroff Natalie
Bought by
Samodouroff Natalie
Current Estimated Value
$1,363,895

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
Outstanding Balance
$182,188
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,181,707

Purchase Details

Closed on
Apr 13, 1999
Sold by
Samodouroff Marie P
Bought by
Samodouroff Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
7.1%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Samodouroff Marie P and Samodouroff Natalie
Bought by
Samodouroff Natalie

Purchase Details

Closed on
Apr 17, 1998
Sold by
Samodouroff Natalie and Iannotti Nancy
Bought by
Samodouroff Natalie and Iannotti Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
7.15%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Samodouroff Natalie and Beaumont Nancy
Bought by
Samodouroff Natalie and Beaumont Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Interest Rate
7.74%

Purchase Details

Closed on
Jun 20, 1996
Sold by
Beaumont Nancy
Bought by
Samodouroff Marie P

Purchase Details

Closed on
Mar 26, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Beaumont Nancy and Samodouroff Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,700
Interest Rate
7.84%

Purchase Details

Closed on
Jan 3, 1996
Sold by
Brown Lloyd and Brown Shirley
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Samodouroff Natalie -- Fidelity National Title Co
Samodouroff Natalie -- American Title Co
Samodouroff Natalie -- --
Samodouroff Natalie -- American Title Co
Samodouroff Natalie -- American Title Ins Co
Samodouroff Marie P -- --
Beaumont Nancy $263,000 First American Title
Federal Home Loan Mortgage Corporation $193,449 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samodouroff Natalie $320,000
Closed Samodouroff Natalie $231,500
Previous Owner Samodouroff Natalie $232,800
Previous Owner Samodouroff Natalie $235,500
Previous Owner Beaumont Nancy $236,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $1,095,000 -4.8% $399 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $1,150,000 0.0% $419 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,150,000 -- $419 / 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 $14,677 $1,185,260 $711,156 $474,104
2024 $14,677 $1,162,020 $697,212 $464,808
2023 $14,173 $1,139,237 $683,542 $455,695
2022 $13,457 $1,116,900 $670,140 $446,760
2021 $5,293 $404,559 $152,977 $251,582
2020 $5,215 $400,412 $151,409 $249,003
2019 $5,162 $392,562 $148,441 $244,121
2018 $4,925 $384,866 $145,531 $239,335
2016 $4,758 $369,924 $139,881 $230,043
2015 $4,692 $364,368 $137,780 $226,588
2014 -- $357,232 $135,082 $222,150
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joanne Beck

    California Capital Resources

    (562) 900-0051

    6 Total Sales

    Joanne Beck
    Section Image
  • Esther Lee

    Buyer's Agent in 2021

    Esther Lee

    Young Lee Real Estate Co.

    (562) 882-8182

    18 Total Sales

    Esther Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21042697

California Regional Multiple Listing Service (CRMLS)

APN: 6232-023-003

California Los Angeles County Downey 90242

7350 Nada St, Downey, CA

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