V
Seller's Agent in 2025
Victor Ambriz Jr
Keller Williams SELA
(562) 842-7248
25 Total Sales
7901 Cole St Downey, CA 90242
9
Beds
5
Baths
4,182
Sq Ft
0.45
Acres
Highlights
- Central Heating
- Williams Elementary School Rated 9+
- 1-Story Property
About This Home
As of June 2025Great opportunity in the beautiful city of Downey. First time on the market in 20 years. Bring your investors to this great 4 separate houses on a 19476 sqft lot. front house is 3 bedroom 2 bath, units 2-4 are all 2 bedrooms.Front house has it's own driveway and the other driveway is for the rear units. Shown only with accepted offer. DRIVE-BY ONLY
Last Agent to Sell the Property
Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 04/14/2025
Co-Listed By
Keller Williams Whittier Brokerage Email: victor@ambrizandassociates.net License #02223695
Last Buyer's Agent
Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 04/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 0.45 Acre Lot
- Two or More Common Walls
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,182 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 12220
- Assessor Parcel Number 6246001022
- $1,430 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Trash Expense $2,339
- Water Sewer Expense $2,300
- Operating Expense $28,000
- Gross Income $93,540
- Net Operating Income $65,540
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2025
Closed on
May 21, 2025
Sold by
Akhtar Parwaiz and Akhtar Shams U
Bought by
Cole Bmw Llc
Seller's Agent
Victor Ambriz Jr
Keller Williams SELA
Buyer's Agent
Victor Ambriz Jr
Keller Williams SELA
List Price
$1,600,000
Sold Price
$1,325,000
Premium/Discount to List
-$275,000
-17.19%
Views
54
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
$9,454
Avg. Annual Appreciation
1.30%
Original Mortgage
$795,000
Outstanding Balance
$790,843
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$543,611
Purchase Details
Closed on
Jun 19, 2018
Sold by
Akhtar Parwaiz
Bought by
Akhtar Hasan and Akhtar Shams U
Purchase Details
Closed on
May 3, 2018
Sold by
Akhtar Sahar Ara
Bought by
Akhtar Parwaiz
Purchase Details
Closed on
Nov 15, 2016
Sold by
Akhtar Hasan and Akhtar Sharms U
Bought by
Akhtar Parwaiz and Akhtar Sahar Ara
Purchase Details
Closed on
Jul 14, 2014
Sold by
Akhtar Hasan and Akhtar Sharms U
Bought by
Akhtar Hasan and Akhtar Shams U
Purchase Details
Closed on
May 4, 2011
Sold by
Akhtar Parwaiz
Bought by
Akhtar Hasan and Akhtar Shams U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,603
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2005
Sold by
Akhtar Shams Unissa
Bought by
Akhtar Parwaiz
Purchase Details
Closed on
Aug 16, 2000
Sold by
Ahsan Agha Abid and Ahsan Iftakhar Unissa
Bought by
Akhtar Hasan and Akhtar Shams U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.06%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,325,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $350,000 | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $795,000 | New Conventional | |
| Previous Owner | $192,603 | New Conventional | |
| Previous Owner | $280,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Sold | $1,325,000 | -17.2% | $317 / Sq Ft |
| 05/03/2025 05/03/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $1,600,000 | -- | $383 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,561 | $1,032,413 | $614,433 | $417,980 |
| 2024 | $13,561 | $1,012,171 | $602,386 | $409,785 |
| 2023 | $13,116 | $992,325 | $590,575 | $401,750 |
| 2022 | $12,485 | $972,869 | $578,996 | $393,873 |
| 2021 | $12,168 | $953,794 | $567,644 | $386,150 |
| 2020 | $11,990 | $944,015 | $561,824 | $382,191 |
| 2019 | $11,867 | $925,506 | $550,808 | $374,698 |
| 2018 | $11,406 | $907,359 | $540,008 | $367,351 |
| 2016 | $11,056 | $872,128 | $519,040 | $353,088 |
| 2015 | $10,902 | $859,029 | $511,244 | $347,785 |
| 2014 | $10,315 | $842,203 | $501,230 | $340,973 |
Source: Public Records
Agents Affiliated with this Home
-
Victor Ambriz Jr
-
Amanda Ramirez
A
Seller Co-Listing Agent in 2025
Amanda Ramirez
Keller Williams Whittier
(562) 334-7187
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25081909
APN: 6246-001-022
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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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