NOT LISTED FOR SALE

7945 Irwingrove Dr Downey, CA 90241

Estimated Value: $1,257,695 - $1,418,000

5 Beds
3 Baths
2,658 Sq Ft
$507/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $510,000 $192 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $7,728/month

281 Days on Market

About This Home

As of December 2012

Back on the market. Great deal! Seller very motivated. The 2 units located in the front have 2 bedrooms, 1 bath each. One unit has a fire place and is slightly larger than the other unit. The Back unit has a 1 big bedroom and 1 huge bathroom, with its own private balcony. 3 car garage in the back, at the end of the alley for additional parking or storage. Laundry room, could be community or private for the back unit. Each front unit has its own washer dryer hook ups. Tenants are on a month to month** Information is deemed reliable, Bills and expenses are estimated. Buyer to verify all facts and expenses.

Last Agent to Sell the Property

ISMAEL JARA

BUENA VISTA REALTY ADVISORS License #01764198 Listed on: 12/12/2011

Last Buyer's Agent

Pat Szmagalski

Excellence RE Real Estate, Inc. License #01432713

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,746 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Split Level Home
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,658 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 4
  • Tax Tract Number 15808
  • Assessor Parcel Number 6251003018

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $150
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $150
  • Net Operating Income $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Gardener Expense: 150.00
  • Parcel Number: 6251003018
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 191.87

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 100.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7746.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 658
  • Average2 Bed Area: 1000
  • Insurance Expense: 100.00
  • Lot Size Area: 7746.0000 Square Feet
  • Net Operating Income: 1800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 1800.00
  • Rent Control: No

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 15808
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Luxe Properties Llc
Bought by
Guastella Gregory A and Guastella Kara Christina
Current Estimated Value
$1,347,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Outstanding Balance
$536,360
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$811,064

Purchase Details

Closed on
Aug 5, 2013
Sold by
Guastella Gregory and Guastella Kara Christina
Bought by
Luxe Properties Llc

Purchase Details

Listed on
Dec 12, 2011
Closed on
Nov 20, 2012
Sold by
Quintana Orlando and Orlando Quintana Living Trust
Bought by
Guastella Gregory and Guastella Kara Christina
Seller's Agent
ISMAEL JARA
BUENA VISTA REALTY ADVISORS
Buyer's Agent
Pat Szmagalski
Excellence RE Real Estate, Inc.
List Price
$580,000
Sold Price
$510,000
Premium/Discount to List
-$70,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$357,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Quintana Orlando
Bought by
Quintana Orlando and The Orlando Quintana Living Tr

Purchase Details

Closed on
Dec 5, 2011
Sold by
Quintana Maria
Bought by
Quintana Orlando
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Guastella Gregory A -- Wfg National Title
Luxe Properties Llc -- None Available
Guastella Gregory $510,000 Ort
Quintana Orlando -- None Available
Quintana Orlando -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guastella Gregory A $609,000
Previous Owner Guastella Gregory $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2012 12/18/12 Sold $510,000 -12.1% $192 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $580,000 -- $218 / 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 $8,272 $628,016 $314,008 $314,008
2024 $8,272 $615,702 $307,851 $307,851
2023 $8,000 $603,630 $301,815 $301,815
2022 $7,613 $591,796 $295,898 $295,898
2021 $7,406 $580,194 $290,097 $290,097
2020 $7,297 $574,246 $287,123 $287,123
2019 $7,220 $562,988 $281,494 $281,494
2018 $6,986 $551,950 $275,975 $275,975
2016 $6,767 $530,518 $265,259 $265,259
2015 $6,672 $522,550 $261,275 $261,275
2014 $6,315 $512,314 $256,157 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I11162844

California Regional Multiple Listing Service (CRMLS)

APN: 6251-003-018