NOT LISTED FOR SALE

Estimated Value: $828,000 - $905,000

3 Beds
2 Baths
1,416 Sq Ft
$615/Sq Ft Est. Value

Sale Details

Date Sold: February 11, 2021

Last sale price $707,000 $499 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,250 / mo

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Corner Lot
  • Front Yard
  • Priceville Elementary School Rated 10
  • Wall Furnace

About This Home

As of February 2021

Updated duplex corner lot in the centrally located city of Downey. Main house is a VACANT 2 bedroom, 1.5 bath with recent upgrades that include new windows, bathroom remodel, new electrical re-wire, new flooring, Interior/Exterior painting, recent full re-pipe, new mini split AC/ Heating unit and much more! Front house features its own fenced in side yard as well each unit separately metered for electrical and gas. Detached occupied smaller rear unit is a studio and has its own garage stall as well as it is own entrance from side street. Great investment property that will help offset your monthly payment by having a renter pay for your mortgage while you live in the front or have the option to have family member move in. The third structure on this large lot is the detached 2 car garage which can easily be converted into a legal ADU (Accessory Dwelling Unit) which would make this property a total of 3 units! All types of financing available for this property including FHA! Call today!

Last Agent to Sell the Property

Matthew Salib

Real Brokerage Technologies, Inc License #01886422 Listed on: 01/02/2021

Real Brokerage Technologies, Inc

Last Buyer's Agent

Walter De La Torre

W&D Real Estate Investments License #01472053

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,255 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,416 Sq Ft Home
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 17
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260005046

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

6,255 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: DOR2&HFB*
  • Property Type: Residential Income
  • Parcel Number: 6260005046
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 499.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 6255.00
  • Lot Size Acres: 0.1436

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 41000.00
  • Lot Size Area: 6255.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 980.00

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 17
  • Tax Tract Number: 9613

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

Closed on
Oct 14, 2020
Sold by
Dexter William E and Dexter Janet M
Bought by
Current Estimated Value
$811,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$418,535
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$452,174
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$525,000 Provident Title
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 $472,500
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
02/11/2021 02/11/21 Sold $707,000 0.0% $499 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $707,000 +4.8% $499 / Sq Ft
01/02/2021 01/02/21 For Sale $674,900 -- $477 / 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
2026 $9,526 $780,582 $468,129 $312,453
2025 $9,526 $765,277 $458,950 $306,327
2024 $9,418 $750,272 $449,951 $300,321
2023 $9,294 $735,562 $441,129 $294,433
2022 $8,659 $721,140 $432,480 $288,660
2021 $7,832 $650,000 $390,000 $260,000
2020 $2,174 $149,396 $73,885 $75,511
2019 $2,162 $146,468 $72,437 $74,031
2018 $2,043 $143,597 $71,017 $72,580
2016 $1,931 $138,022 $68,260 $69,762
2015 $1,901 $135,950 $67,235 $68,715
2014 $1,818 $133,287 $65,918 $67,369
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21000562

California Regional Multiple Listing Service (CRMLS)

APN: 6260-005-046

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