NOT LISTED FOR SALE

Estimated Value: $975,155 - $1,183,000

4 Beds
4 Baths
2,520 Sq Ft
$431/Sq Ft Est. Value

Last Sold January 10, 2017

Last sale price $650,000 $258 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,652/month

18 Days on Market

Highlights

  • Granite Countertops
  • Private Yard
  • Crown Molding
  • Warren High School Rated A-
  • No HOA
  • Recessed Lighting

About This Home

As of January 2017

Here is the opportunity to live in the distinctive City of Downey rated by California Business Magazine in the top 25% of *100 Best Cities to Do Business in California*, there is NO RENT CONTROL, Owner User Property and rent the other. This two-unit property includes 2 bedrooms 1 and ¾ baths, laundry hoop ups, 2 car garage, with front and rear yards for each unit. Property is in well maintain condition.
Owner’s unit has completed remodeled bathroom, kitchen, newer paint in and out. Tenant pays their own gas and electric. Short distance to Stonewood Mall, Downey Landing and the New Downey Promenade.
Close to Freeways 105, 605, 91 and 710 Freeways

Call or text listing agent, shown by appointment only 24 Hours notice required.

Last Agent to Sell the Property

Norma Diaz

A-Reliable Real Estate License #01109872 Listed on: 11/06/2016

Last Buyer's Agent

Plutarco Matus

Century 21 Jervis & Associates License #00962375

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,390

Year Built

  • Built in 1981

Lot Details

  • 5,754 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • French Doors
  • Sliding Doors

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 71
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260005069

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $25
  • Insurance Expense $40
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $98
  • Operating Expense $263
  • Net Operating Income $1,637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,390

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 50.00
  • Zoning: DOR2&HFB*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 25.00
  • Parcel Number: 6260005069
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Yes
  • Door Features: French Doors, Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 257.94
  • Room Type: All Bedrooms Up

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Yard
  • Lot Size Sq Ft: 5754.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 1900.00
  • Insurance Expense: 40.00
  • Net Operating Income: 1637.00
  • 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
  • Operating Expense: 263.00
  • Rent Control: No
  • Total Actual Rent: 1900.00
  • Total Expenses: 263.00

Tax Info

  • New Taxes Expense: 98.00
  • Tax Census Tract: 5517.00
  • Tax Lot: 71
  • Tax Tract Number: 9613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Morales Carmen E
Bought by
Carmen E Morales Revocable Trust and Morales
Current Estimated Value
$1,085,539

Purchase Details

Closed on
Apr 20, 2021
Sold by
Morales Jose L
Bought by
Morales Carmen E

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
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2016
Closed on
Dec 14, 2016
Sold by
Morales Amanda Emma De Loera
Bought by
Morales Jose L
Seller's Agent
Norma Diaz
A-Reliable Real Estate
Buyer's Agent
Plutarco Matus
Century 21 Jervis & Associates
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$487,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2016
Closed on
Nov 30, 2016
Sold by
Quijas Sergio M
Bought by
Morales Cristian A and Morales Jose L
Seller's Agent
Norma Diaz
A-Reliable Real Estate
Buyer's Agent
Plutarco Matus
Century 21 Jervis & Associates
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2014
Sold by
Quijas Sergio M
Bought by
Quijas Sergio M and Padilla Martha Guadalupe

Purchase Details

Closed on
Nov 29, 2010
Sold by
Salgado Sonia
Bought by
Quijas Sergio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,747
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2002
Sold by
Salgado Edith X
Bought by
Salgado Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.43%

Purchase Details

Closed on
Sep 22, 2001
Sold by
Salgado Sonia I
Bought by
Salgado Sonia I

Purchase Details

Closed on
Mar 29, 2001
Sold by
Ko Jeff
Bought by
Salgado Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
6.98%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Ko Jeff
Bought by
Ko Kyung Ok

Purchase Details

Closed on
Jul 28, 1994
Sold by
Ko Kyung Ok
Bought by
Ko Kyung Ok

Purchase Details

Closed on
Apr 28, 1994
Sold by
Ko Kyung Ok
Bought by
Ko Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
8.61%
Source: Public Records

Range of Values:

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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
Carmen E Morales Revocable Trust -- None Listed On Document
Morales Carmen E -- Fidelity National Title Co
Morales Cristian A -- Fidelity National Title Co
Morales Jose L -- Pacific Coast Title Company
Morales Cristian A $650,000 Pacific Coast Title Company
Quijas Sergio M -- Pacific Coast Title Company
Quijas Sergio M -- None Available
Quijas Sergio M $365,000 Investors Title Company
Salgado Carlos E -- Landsafe Title
Salgado Sonia -- Landsafe Title
Salgado Sonia I -- --
Salgado Sonia $285,000 South Coast Title
Ko Kyung Ok -- --
Ko Kyung Ok -- --
Ko Jeff $259,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Carmen E $472,500
Previous Owner Morales Cristian A $487,500
Previous Owner Quijas Sergio M $383,000
Previous Owner Quijas Sergio M $382,500
Previous Owner Quijas Sergio M $355,747
Previous Owner Salgado Sonia $554,400
Previous Owner Salgado Sonia $347,000
Previous Owner Salgado Sonia $255,000
Previous Owner Salgado Sonia $270,750
Previous Owner Ko Jeff $24,000
Previous Owner Ko Jeff $169,000
Closed Salgado Sonia $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2017 01/10/17 Sold $650,000 -7.0% $258 / Sq Ft
11/24/2016 11/24/16 Pending -- -- --
11/06/2016 11/06/16 For Sale $699,000 -- $277 / 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 $9,390 $754,372 $415,486 $338,886
2024 $9,390 $739,582 $407,340 $332,242
2023 $9,267 $725,081 $399,353 $325,728
2022 $8,640 $710,865 $391,523 $319,342
2021 $8,448 $696,928 $383,847 $313,081
2020 $8,298 $689,783 $379,912 $309,871
2019 $8,347 $676,259 $372,463 $303,796
2018 $8,094 $663,000 $365,160 $297,840
2016 $4,925 $395,023 $216,451 $178,572
2015 $4,851 $389,090 $213,200 $175,890
2014 $4,593 $381,469 $209,024 $172,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16741557

California Regional Multiple Listing Service (CRMLS)

APN: 6260-005-069