NOT LISTED FOR SALE

815 S Downey Rd Los Angeles, CA 90023

Estimated Value: $626,000 - $894,319

6 Beds
4 Baths
2,274 Sq Ft
$329/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $540,000 $237 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,910/month

3 Days on Market

About This Home

As of October 2021

Hurry!!!! Two units in East Los Angeles, these units will not last. Property combination is 3 bedrooms 2 bath Front House.
3 bedroom 2 bath rear house with carport
Separate meters for water, Gas and electricity.

Last Agent to Sell the Property

Marie Ojeda

T.N.G. Real Estate Consultants License #01093554 Listed on: 09/20/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Mark Galvez

T.N.G.Real Estate Consultants License #02038955

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,022

Year Built

  • Built in 1922

Lot Details

  • 6,001 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,274 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 99
  • Tax Tract Number 10
  • Assessor Parcel Number 5236005028
  • $1,182 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $150
  • Trash Expense $105
  • Water Sewer Expense $80
  • Operating Expense $185
  • Gross Income $2,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,022

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Price Per Unit: 262950
  • Property Attached: No
  • Water Sewer Expenses: 80.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5236005028
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 237.47

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Trash Expense: 105.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 2000.00
  • Gross Scheduled Income: 2150.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: Yes
  • Total Expenses: 185.00

Tax Info

  • Tax Census Tract: 5312.02
  • Tax Lot: 99
  • Tax Tract Number: 10
  • TaxOtherAnnualAssessmentAmount: 1182.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Jon Gari Investments Llc
Bought by
Garibay Jonathan G
Current Estimated Value
$747,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,500
Outstanding Balance
$460,183
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$315,770

Purchase Details

Listed on
Sep 20, 2021
Closed on
Oct 1, 2021
Sold by
Ruvalcaba Chris Jaramillo
Bought by
Jon Gari Investments Llc
Seller's Agent
Marie Ojeda
T.N.G. Real Estate Consultants
Buyer's Agent
Mark Galvez
T.N.G.Real Estate Consultants
List Price
$525,900
Sold Price
$540,000
Premium/Discount to List
$14,100
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$450,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2005
Sold by
Ruvalcaba Jose L and Munoz Juana
Bought by
Ruvalcaba Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1999
Sold by
Guevara Jose Guadalupe and Ruvalcaba Jose
Bought by
Ruvalcaba Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.98%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 5, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Ruvalcaba Jose L and Guevara Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.98%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 17, 1998
Sold by
Cruz Anastacio and Rodriguez Antonia
Bought by
Washington Mutual Bank Fa
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garibay Jonathan G -- Provident Title
Jon Gari Investments Llc $540,000 Ticor Ttl Orange Cnty Branch
Ruvalcaba Jose L -- Ticor Title Co Glendale
Ruvalcaba Jose L -- Fidelity National Title Co L
Ruvalcaba Jose L $170,000 Chicago Title Co
Washington Mutual Bank Fa $144,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garibay Jonathan G $474,500
Previous Owner Jon Gari Investments Llc $450,000
Previous Owner Ruvalcaba Jose L $290,000
Previous Owner Ruvalcaba Jose L $235,000
Previous Owner Ruvalcaba Jose L $200,000
Previous Owner Ruvalcaba Jose L $168,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 For Sale $525,900 -2.6% $231 / Sq Ft
10/05/2021 10/05/21 Sold $540,000 0.0% $237 / Sq Ft
09/24/2021 09/24/21 Off Market $540,000 -- --
09/20/2021 09/20/21 For Sale $525,900 -- $231 / 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 $10,022 $740,764 $428,644 $312,120
2024 $10,022 $726,240 $420,240 $306,000
2023 $10,690 $726,240 $420,240 $306,000
2022 $10,523 $810,000 $469,000 $341,000
2021 $5,761 $401,085 $192,570 $208,515
2020 $5,798 $396,973 $190,596 $206,377
2019 $5,594 $389,190 $186,859 $202,331
2018 $5,427 $381,560 $183,196 $198,364
2016 $5,191 $366,745 $176,083 $190,662
2015 $5,114 $361,238 $173,439 $187,799
2014 $5,115 $354,163 $170,042 $184,121
Source: Public Records

Agents Affiliated with this Home

  • Marie Ojeda

    Seller's Agent in 2021

    Marie Ojeda

    T.N.G. Real Estate Consultants

    (213) 706-2172

    1 in this area

    63 Total Sales

    Marie Ojeda
    Section Image

  • M

    Buyer's Agent in 2021

    Mark Galvez

    T.N.G.Real Estate Consultants

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21207835

California Regional Multiple Listing Service (CRMLS)

APN: 5236-005-028

California Los Angeles County Los Angeles 90023

815 S Downey Rd, Los Angeles, CA

This home is located at 815 S Downey Rd, Los Angeles, CA 90023 since 20 September 2021 and is currently estimated at $747,830, approximately $328 per square foot. This property was built in 1922. 815 S Downey Rd is a home located in Los Angeles County with nearby schools including Rowan Avenue Elementary School, Amanecer Primary Center, and Robert Louis Stevenson Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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