NOT LISTED FOR SALE

Estimated Value: $847,000 - $952,000

2 Beds
2 Baths
1,368 Sq Ft
$659/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $780,000 $570 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,626/month

9 Days on Market

Highlights

  • City Lights View
  • Laundry Room
  • Wall Furnace
  • Traditional Architecture
  • Fenced
  • Front Yard

About This Home

As of January 2022

Excellent opportunity to own a duplex in the city of Downey. This beautiful property offers a total of two units: 1 bedroom and 1 bathroom per unit. Separate electrical and gas meter. Super close to major freeways and shopping centers.

Last Agent to Sell the Property

Elsa Guerra

Champions Real Estate Group South Bay License #01806505 Listed on: 12/13/2021

Last Buyer's Agent

Curtis Rodriguez

HomeSmart, Evergreen Realty License #01716051

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,223 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 2 Bedrooms
  • 1,368 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • City Lights Views
  • Fire and Smoke Detector
  • Laundry Room

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Standard Electricity
  • Water Heater

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260006057
  • $496 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: DOR2&HFB*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6260006057
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 570.18

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5223.00
  • Lot Size Acres: 0.1199

Multi Family

  • Lot Size Area: 5223.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 91
  • Tax Tract Number: 9613
  • TaxOtherAnnualAssessmentAmount: 496.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 3, 2022
Sold by
Sm Levering Llc
Bought by
Ballon Cindy
Seller's Agent
Elsa Guerra
Champions Real Estate Group South Bay
Buyer's Agent
Curtis Rodriguez
HomeSmart, Evergreen Realty
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Current Estimated Value
$901,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,175
Avg. Annual Appreciation
3.69%
Original Mortgage
$658,750
Outstanding Balance
$606,764
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$294,411

Purchase Details

Closed on
Aug 12, 2004
Sold by
Morfin Rudolph C
Bought by
Elliott Scott and Elliott Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2001
Sold by
Morfin Rudolph C
Bought by
Morfin Rudolph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.73%

Purchase Details

Closed on
May 18, 2000
Sold by
Lopez Jose
Bought by
Morfin Rudolph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
8.25%

Purchase Details

Closed on
May 17, 2000
Sold by
Morfin Delores
Bought by
Morfin Rudolph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
8.25%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Mino Natalia Cisne and Celi Natalia
Bought by
Lopez Jose and Mesa Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
8.25%

Purchase Details

Closed on
Aug 30, 1999
Sold by
Lopez Jose and Lopez Natalia
Bought by
Lopez Jose and Mesa Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,619
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 1997
Sold by
Flores Rafael C
Bought by
Lopez Jose and Mesa Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,199
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1994
Sold by
Flores Rafael C
Bought by
Flores Rafael C
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ballon Cindy $780,000 Fidelity National Title
Elliott Scott $380,000 First American Title Company
Morfin Rudolph C -- Southland Title Corporation
Morfin Rudolph C $176,000 Fidelity Title
Morfin Rudolph C -- Fidelity Title
Lopez Jose -- --
Lopez Jose -- Landsafe Title
Lopez Jose -- --
Flores Rafael C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballon Cindy $658,750
Previous Owner Elliott Scott $304,000
Previous Owner Morfin Rudolph C $143,000
Previous Owner Morfin Rudolph C $140,800
Previous Owner Lopez Jose $149,619
Previous Owner Lopez Jose $152,199
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $780,000 +0.6% $570 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $775,000 +29.2% $567 / Sq Ft
02/22/2021 02/22/21 Sold $600,000 +0.2% $439 / Sq Ft View Prior Sale
01/23/2021 01/23/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $599,000 -- $438 / 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 $10,129 $827,742 $530,604 $297,138
2024 $10,129 $811,512 $520,200 $291,312
2023 $9,995 $795,600 $510,000 $285,600
2022 $7,424 $612,000 $418,200 $193,800
2021 $6,012 $489,336 $206,036 $283,300
2020 $5,907 $484,320 $203,924 $280,396
2019 $5,939 $474,825 $199,926 $274,899
2018 $5,755 $465,515 $196,006 $269,509
2016 $5,432 $444,000 $200,000 $244,000
2015 $4,947 $402,000 $180,000 $222,000
2014 $4,766 $402,000 $180,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21263689

California Regional Multiple Listing Service (CRMLS)

APN: 6260-006-057