NOT LISTED FOR SALE

7417 Arnett St Downey, CA 90241

3 Beds
3 Baths
3,086 Sq Ft
6,297 Sq Ft Lot Lot

Sale Details

Date Sold: June 20, 2018

Last sale price $900,000 $292 Per Sq Ft

147 Days on Market

About This Home

As of June 2018

Great value add opportunity opportunity.

Last Agent to Sell the Property

Jack Levis

CBRE Inc. License #01886278 Listed on: 11/06/2017

Last Buyer's Agent

Jack Levis

CBRE Inc. License #01886278 Listed on: 11/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,297 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 3,086 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces

Listing and Financial Details

  • Tax Tract Number 16492
  • Assessor Parcel Number 6248003006

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,234
  • Professional Management Expense $2,376
  • Water Sewer Expense $4,312
  • New Taxes Expense $13,948
  • Operating Expense $28,270
  • Gross Income $61,200
  • Net Operating Income $31,121

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,297 Sq Ft Lot

Listing Details

  • Professional Management Expense: 2376.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4312.00
  • Zoning: DOC4*
  • Property Type: Residential Income
  • Parcel Number: 6248003006
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 291.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6297.00

Multi Family

  • Gross Income: 61200.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1234.00
  • Net Operating Income: 31121.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 28270.00
  • Rent Control: No
  • Total Expenses: 28270.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13948.00
  • Tax Census Tract: 5514.02
  • Tax Tract Number: 16492
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Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $900,000 -18.2% $292 / Sq Ft
04/03/2018 04/03/18 For Sale $1,100,000 +22.2% $356 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
11/29/2017 11/29/17 Off Market $900,000 -- --
11/06/2017 11/06/17 For Sale $1,100,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,576 $1,024,043 $455,130 $568,913
2024 $13,576 $1,003,964 $446,206 $557,758
2023 $13,132 $984,279 $437,457 $546,822
2022 $12,504 $964,980 $428,880 $536,100
2021 $12,174 $946,060 $420,471 $525,589
2019 $12,796 $918,450 $408,000 $510,450
2018 $12,131 $946,862 $316,879 $629,983
2016 $11,736 $909,664 $304,575 $605,089
2015 $2,509 $118,970 $34,681 $84,289
2014 $2,446 $116,640 $34,002 $82,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17261804

California Regional Multiple Listing Service (CRMLS)
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