NOT LISTED FOR SALE

7901 Cole St Downey, CA 90242

Estimated Value: $1,341,000 - $1,466,000

9 Beds
5 Baths
4,182 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2025

Last sale price $1,325,000 $317 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,659 / mo

19 Days on Market

Highlights

  • Central Heating
  • Williams Elementary School Rated 9+
  • 1-Story Property

About This Home

As of June 2025

Great 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

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 04/14/2025

Keller Williams SELA

Co-Listed By

Amanda Ramirez

Keller Williams Whittier Brokerage Email: victor@ambrizandassociates.net License #02223695

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 04/14/2025

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 19,476 Sq Ft 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

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0.45 Acres

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2300.00
  • Zoning: DOR1&HFB*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6246001022
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 316.83

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 2338.50
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19476.00
  • Lot Size Acres: 0.4471

Multi Family

  • Gross Income: 93540.00
  • Gross Scheduled Income: 93540.00
  • Lot Size Area: 19476.0000 Square Feet
  • Net Operating Income: 65540.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 28000.00
  • Rent Control: Yes
  • Total Actual Rent: 7750.00
  • Total Expenses: 28000.00

Tax Info

  • Tax Census Tract: 5515.02
  • Tax Lot: 10
  • Tax Tract Number: 12220
  • TaxOtherAnnualAssessmentAmount: 1430.00

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
Apr 14, 2025
Closed on
May 21, 2025
Sold by
Bought by
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
$1,392,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,552
Avg. Annual Appreciation
5.00%
Original Mortgage
$795,000
Outstanding Balance
$786,543
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$606,009

Purchase Details

Closed on
Jun 19, 2018
Sold by
Bought by

Purchase Details

Closed on
May 3, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2014
Sold by
Bought by

Purchase Details

Closed on
May 4, 2011
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Aug 16, 2000
Sold by
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$1,325,000 Pacific Coast Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- First American Title Company
-- --
-- --
$350,000 Southland Title Corporation
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 $795,000
Previous Owner $192,603
Previous Owner $280,000
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
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

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 $13,826 $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

  • V

    Seller's Agent in 2025

    Victor Ambriz Jr

    Keller Williams SELA

    (562) 842-7248

    27 Total Sales

    Victor Ambriz Jr
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Amanda Ramirez

    Keller Williams Whittier

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25081909

California Regional Multiple Listing Service (CRMLS)

APN: 6246-001-022

California Los Angeles County Downey 90242

7901 Cole 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.

California Regional Multiple Listing Service (CRMLS) 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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