$825,000
SOLD JAN 17, 2025
3 Beds
2 Baths
1,308 Sq Ft
5,226 Sq Ft Lot

Recently Sold

$631 Per Sq Ft

5% Above List Price

8 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Living Room
  • Accessible Parking

About This Home

As of January 2025

Rare Investment Opportunity in Downey! On the market for the first time in nearly 30 years, this versatile duplex is a dream for both new and experienced investors. The front unit features 1 bedroom and 1 bathroom, while the rear unit offers 2 bedrooms and 1 bathroom—providing the perfect opportunity to live in one unit and rent out the other for additional income. The 2-bedroom unit has been recently updated with fresh paint and new ceiling fans, adding charm and value. Centrally located, this property is just minutes from Stonewood Mall, popular restaurants, a movie theater, and the Columbia Memorial Space Center. With convenient access to the 105 Freeway—and connections to the 710 and 91 Freeways—you’re never far from where you need to be. Don’t let this opportunity slip away—properties like this don’t stay on the market for long!

Last Agent to Sell the Property

Yvette Geater

Century 21 Masters Brokerage Phone: 562-307-1056 License #02074114 Listed on: 12/05/2024

Century 21 Masters

Last Buyer's Agent

Alex Sanchez

Jason Mitchell Real Estate CA License #01734841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,226 Sq Ft Lot
  • Property fronts a highway
  • 1 Common Wall
  • Block Wall Fence
  • Fence is in good condition
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Laminate Flooring
  • City Lights Views
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Additional Features

  • Exterior Lighting
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 111
  • Tax Tract Number 9613
  • Assessor Parcel Number 6260004060
  • $552 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: 9613
  • View: Yes
  • Zoning: DOR2&HFB*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6260004060
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1308.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 630.73
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Exterior Features: Lighting
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Glass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 5226.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5226.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: 111
  • Tax Tract Number: 9613
  • TaxOtherAnnualAssessmentAmount: 552.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Dec 19, 2024
Sold by
Carr Larry Ben and Carr Deborah K
Bought by
Carrillo Paul
Seller's Agent
Yvette Geater
Century 21 Masters
Buyer's Agent
Alex Sanchez
Jason Mitchell Real Estate CA
List Price
$785,000
Sold Price
$825,000
Premium/Discount to List
$40,000
5.1%
Views
94
Current Estimated Value
$842,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,959
Avg. Annual Appreciation
2.32%
Original Mortgage
$810,057
Outstanding Balance
$803,562
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$39,397

Purchase Details

Closed on
Jul 30, 2013
Sold by
Carr Larry B
Bought by
Carr Larry Ben and Carr Deborah K

Purchase Details

Closed on
Oct 27, 1998
Sold by
Carr Deborah K
Bought by
Carr Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.54%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 5, 1995
Sold by
Soto Richard J and Soto Mignon
Bought by
Carr Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $825,000 Orange Coast Title Company
Grant Deed $825,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title
Grant Deed $175,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,057 FHA
Closed $810,057 FHA
Previous Owner $140,000 Balloon
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $825,000 +5.1% $631 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $785,000 -- $600 / 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 $3,950 $293,917 $167,955 $125,962
2024 $3,950 $288,155 $164,662 $123,493
2023 $3,900 $282,506 $161,434 $121,072
2022 $3,649 $276,968 $158,269 $118,699
2021 $3,543 $271,538 $155,166 $116,372
2019 $3,499 $263,485 $150,564 $112,921
2018 $3,370 $258,319 $147,612 $110,707
2016 $3,198 $248,290 $141,881 $106,409
2015 $3,149 $244,561 $139,750 $104,811
2014 $2,991 $239,771 $137,013 $102,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24244965

California Regional Multiple Listing Service (CRMLS)

APN: 6260-004-060