Seller's Agent in 2021
Dale Jervis
Century 21 Jervis & Associates
(562) 862-2226
82 Total Sales
8131 5th St Downey, CA 90241
Estimated Value: $2,440,988 - $2,856,000
12
Beds
12
Baths
6,404
Sq Ft
$414/Sq Ft
Est. Value
Highlights
- Laundry Room
- Forced Air Heating and Cooling System
- 12 Car Garage
About This Home
As of December 2021Rare opportunity to own 6 townhome-style units in great North Downey location. Built in 1981 on a large 11,218 soft lot, each 2 story unit has 2 bedrooms, 1.5 bathrooms, fireplace, central AC, built-in stove/oven, dishwasher, private laundry hookups and 2 private garage spaces with newer automatic garage doors. Owner’s unit has attached two car garage. Most units have a balcony or a patio. Room for rent increases and very desirable rental area and units.
Last Agent to Sell the Property
Century 21 Jervis & Associates License #00849695 Listed on: 08/18/2021
Last Buyer's Agent
Century 21 Jervis & Associates License #00849695 Listed on: 08/18/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Lot Details
- 0.26 Acre Lot
- Property fronts an alley
- Two or More Common Walls
- Sprinkler System
Parking
- 12 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Assigned Parking
Home Design
- Property Attached
- Cosmetic Repairs Needed
- Composition Roof
Interior Spaces
- 6,404 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 14 / 2
- Tax Tract Number 5509
- Assessor Parcel Number 6253003016
- $1,844 per year additional tax assessments
Community Details
Overview
- Property has a Home Owners Association
- 2 Buildings
- 6 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Gardener Expense $1,380
- Insurance Expense $2,858
- Maintenance Expense $7,550
- Trash Expense $3,820
- Water Sewer Expense $2,344
- New Taxes Expense $24,074
- Operating Expense $42,415
- Gross Income $10,928
- Net Operating Income $84,578
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2009
Sold by
Case Charlsie P
Bought by
Case Charlsie P and Tax Credit Trust
Current Estimated Value
Purchase Details
Closed on
Feb 4, 1999
Sold by
Case William J and Case Charlsie P
Bought by
Case William J and Case Charlsie P
Purchase Details
Closed on
Nov 10, 1998
Sold by
Lincoln Catherine Montanari and The Catherine Montanari Lincol
Bought by
Case William J and Case Charlsie P
Purchase Details
Closed on
Mar 17, 1997
Sold by
Lincoln Weldon A and Montanari Family Trust
Bought by
Lincoln Catherine Montanari and Catherine Montanari Lincoln Tr
Purchase Details
Closed on
Oct 16, 1996
Sold by
Trust Bent Mark A And Lily H Trs Mark Be
Bought by
Lincoln Weldon A and The Montanari Family Trust
Purchase Details
Closed on
Jan 6, 1995
Sold by
Labrusciano Frank A and Labrusciano Carmela
Bought by
Bent Mark A and Bent Lily H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
9.29%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Case Charlsie P | -- | None Available | |
| Case William J | -- | -- | |
| Case William J | $518,000 | Fidelity National Title | |
| Lincoln Catherine Montanari | -- | -- | |
| Lincoln Weldon A | $88,454 | Commonwealth Title | |
| Bent Mark A | $550,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bent Mark A | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $2,100,000 | +7.7% | $328 / Sq Ft |
| 08/25/2021 08/25/21 | Pending | -- | -- | -- |
| 08/18/2021 08/18/21 | For Sale | $1,950,000 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $28,760 | $2,228,536 | $1,002,841 | $1,225,695 |
| 2024 | $28,251 | $2,184,840 | $983,178 | $1,201,662 |
| 2023 | $27,298 | $2,142,000 | $963,900 | $1,178,100 |
| 2022 | $25,949 | $2,100,000 | $945,000 | $1,155,000 |
| 2021 | $10,416 | $750,218 | $159,303 | $590,915 |
| 2019 | $10,172 | $728,268 | $154,579 | $573,689 |
| 2018 | $9,806 | $713,996 | $151,549 | $562,447 |
| 2016 | $9,423 | $685,984 | $145,665 | $540,319 |
| 2015 | $9,293 | $675,680 | $143,477 | $532,203 |
| 2014 | $8,840 | $662,445 | $140,667 | $521,778 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Jervis
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21182942
APN: 6253-003-016
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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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