Seller's Agent in 2013
Gary Tolfa
Triqor Group
(949) 756-3232
12 Total Sales
8025 Gardendale St Downey, CA 90242
Hollydale Neighborhood
3
Beds
2
Baths
3,421
Sq Ft
6,011
Sq Ft Lot
About This Home
As of May 2013Located in the beautiful city of Downey, this quaint 8-unit property offers an excellent investment opportunity. Priced to sell at a 5.3% CAP rate, this well maintained location boasts a quiet, clean, and stable environment. A history of dependable residency coupled with an upside in rents ensures an attractive cash flow, making this a deal that cannot be ignored.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 5,998 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 1 Car Garage
- On-Street Parking
Home Design
- 3,421 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Space Heater
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1921
- Tax Tract Number 5517
- Assessor Parcel Number 6260001044
Community Details
Overview
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- New Taxes Expense $9,079
- Gross Income $6,921
- Net Operating Income $47,764
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2013 05/31/13 | Sold | $820,000 | -0.6% | $240 / Sq Ft |
| 04/25/2013 04/25/13 | Pending | -- | -- | -- |
| 02/14/2013 02/14/13 | For Sale | $825,000 | -- | $241 / 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 | $13,442 | $1,009,760 | $307,852 | $701,908 |
| 2024 | $13,442 | $989,962 | $301,816 | $688,146 |
| 2023 | $13,384 | $970,552 | $295,899 | $674,653 |
| 2022 | $12,534 | $951,523 | $290,098 | $661,425 |
| 2021 | $12,175 | $932,866 | $284,410 | $648,456 |
| 2020 | $11,975 | $923,871 | $281,494 | $642,377 |
| 2019 | $11,981 | $905,768 | $275,975 | $629,793 |
| 2018 | $11,664 | $888,020 | $270,564 | $617,456 |
| 2017 | $11,240 | $870,050 | $265,259 | $604,791 |
| 2016 | $11,051 | $852,991 | $260,058 | $592,933 |
| 2015 | $10,884 | $840,179 | $256,152 | $584,027 |
| 2014 | $10,336 | $823,722 | $251,135 | $572,587 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Tolfa
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13023126
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.
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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