NOT LISTED FOR SALE

8115 Imperial Hwy Downey, CA 90242

Downey Area
2 Beds
1 Bath
900 Sq Ft
-- Built

About This Home

Palma Imperial offer affordable luxury in the heart of Downey. Located on Imperial Highway between Downey Blvd and Paramount, the community has newly upgraded apartment homes to fit all sizes including one bedrooms, two bedrooms and three bedrooms.

Lakewood Blvd and with its great shopping and wonderful restaurants is just minutes away. Historic downtown Downey and Firestone Blvd are a 5 minute drive to the north. The property has great access to SR 105, SR 605 and the 710 and Interstate 5; all within minutes of the property. Palma Imperial provides a perfect well located setting with newly beautiful affordable homes.

Full contemporary white appliance package
Granite countertops
Thermo-foil cabinetry
Wood-inspired planks throughout
Plush carpeting in the bedrooms
Ample closets and storage
Two-tone paint throughout
Designer lighting and fixture package
Park-scene landscaping
Onsite laundry facility
Professional management
24Hr emergency maintenance service
Online maintenance service orders & rent payments
Car ports (selected units)
Pet-friendly community

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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
Apr 17, 2025
Sold by
Nnc Imperial Villas Llc
Bought by

Purchase Details

Closed on
Apr 14, 2016
Sold by
Grandway Capital Holdings Ii Llc
Bought by
Nnc Imperial Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,715,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2013
Sold by
Nash Investments Ltd
Bought by
Grandway Capital Holdings Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,235,000
Interest Rate
4.46%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Nasch Investments Ltd
Bought by
Nasch Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,025,000
Interest Rate
5.92%
Mortgage Type
Commercial
Source: Public Records

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
-- Commonwealth Land Title Compan
Nnc Apartment Ventures Llc -- Commonwealth Land Title Compan
Borsari Intervivos Trust $4,762,500 Commonwealth Land Title Compan
Nnc Imperial Villas Llc $7,550,000 First American Title Company
Grandway Capital Holdings Ii Llc $5,650,056 First American Title Insuran
Nasch Investments Ltd -- Fidelity National Title Co
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
Previous Owner $250,000
Previous Owner Nnc Imperial Villas Llc $4,715,000
Previous Owner Grandway Capital Holdings Ii Llc $4,235,000
Previous Owner Nasch Investments Ltd $3,025,000
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
03/05/2025 03/05/25 Off Market $1,975 -- --
02/28/2025 02/28/25 Price Changed $1,975 -1.0% $2 / Sq Ft
02/14/2025 02/14/25 Price Changed $1,995 -2.7% $2 / Sq Ft
02/11/2025 02/11/25 For Rent $2,050 0.0% --
02/10/2025 02/10/25 Off Market $2,050 -- --
02/04/2025 02/04/25 Price Changed $2,050 +5.1% $2 / Sq Ft
01/31/2025 01/31/25 Price Changed $1,950 -16.3% $2 / Sq Ft
01/10/2025 01/10/25 Price Changed $2,330 +19.5% $3 / Sq Ft
10/24/2024 10/24/24 Price Changed $1,950 -15.2% $2 / Sq Ft
10/23/2024 10/23/24 Price Changed $2,300 +17.9% $3 / Sq Ft
10/09/2024 10/09/24 Price Changed $1,950 +2.4% $2 / Sq Ft
10/09/2024 10/09/24 For Rent $1,905 -- --

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 $78,265 $7,319,350 $2,345,999 $4,973,351
2025 $78,265 $5,898,859 $2,323,793 $3,575,066
2024 $76,795 $5,783,196 $2,278,229 $3,504,967
2023 $74,244 $5,669,801 $2,233,558 $3,436,243
2022 $70,641 $5,558,629 $2,189,763 $3,368,866
2021 $68,846 $5,449,637 $2,146,827 $3,302,810
2020 $67,841 $5,418,458 $2,124,814 $3,293,644
2019 $67,142 $5,312,699 $2,083,151 $3,229,548
2018 $65,344 $5,209,013 $2,042,305 $3,166,708
2016 $50,252 $3,862,543 $1,545,017 $2,317,526
2015 $49,545 $3,804,525 $1,521,810 $2,282,715
2014 $46,946 $3,730,000 $1,492,000 $2,238,000
Source: Public Records

Map

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