$960,000
SOLD JUL 18, 2025

8328 Texas St Downey, CA 90241

4 Beds
2 Baths
1,572 Sq Ft
7,643 Sq Ft Lot

Recently Sold

$611 Per Sq Ft

1% Above List Price

45 Days on Market

Highlights

  • Laundry Room
  • Wrought Iron Fence
  • Wall Furnace
  • Downey High School Rated A-

About This Home

As of July 2025

2 Units in Downey8328-2/1.0/ $2,200.00 8330-2/1.0/ $2,200.00 Welcome to 8328 Texas Street, Downey, CA! Featuring 2 units, this spacious multi-family property is a fantastic investment opportunity as a rental property or a great place to call home - live in one unit and rent out the rest! Each spacious unit includes bright and inviting interiors, including 2 bedrooms and 1 bath. Outside, you'll find plenty of space for all units to share. The property also offers off-street parking for convenience. Some units offer yard space - great for a patio or gardening. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 8328 Texas Street in Downey. Community, dining, shopping, and entertainment are just minutes away, including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex, and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your investment portfolio. 🏡

Last Agent to Sell the Property

Edward Uriarte

COMPASS License #01102702 Listed on: 05/04/2025

COMPASS

Co-Listed By

Craig White

Sotheby's International Realty License #01884948

Last Buyer's Agent

Elsa Guerra

Champions Real Estate Group South Bay License #01806505

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,643 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • No Sprinklers

Home Design

  • 1,572 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 551
  • Assessor Parcel Number 6255011044

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,560
  • Insurance Expense $1,297
  • Trash Expense $1,668
  • Water Sewer Expense $1,080
  • New Taxes Expense $14,640
  • Operating Expense $20,245
  • Net Operating Income $32,555

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 2.70
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Gardener Expense: 1560.00
  • Parcel Number: 6255011044
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 610.69

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 1668.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 7643.00
  • Lot Size Acres: 0.1755

Multi Family

  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 1297.00
  • Lot Size Area: 7643.0000 Square Feet
  • Net Operating Income: 32555.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 20245.00
  • Rent Control: Yes
  • Total Expenses: 20245.00

Tax Info

  • New Taxes Expense: 14640.00
  • Tax Lot: 6
  • Tax Tract Number: 551...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2025
Closed on
Jun 30, 2025
Sold by
Navi Family Trust and Sheila Navi Irrevocable Trust
Bought by
Sm Levering Llc
Seller's Agent
Edward Uriarte
COMPASS
Buyer's Agent
Elsa Guerra
Champions Real Estate Group South Bay
List Price
$950,000
Sold Price
$960,000
Premium/Discount to List
$10,000
1.05%
Views
125
Current Estimated Value
$981,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,734
Avg. Annual Appreciation
5.22%
Original Mortgage
$624,000
Outstanding Balance
$622,943
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$358,791

Purchase Details

Closed on
Nov 2, 2016
Sold by
Shakiban Farhad and Navi Dani
Bought by
Navi Dani and Navi Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2013
Sold by
Shakiban Farhad and Navi Dani
Bought by
Shakiban Farhad and Navi Dani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2013
Sold by
Shakiban Farhad and Navi Dani
Bought by
Shakiban Farhad and Navi Dani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2011
Closed on
May 24, 2012
Sold by
Rojas Ignacio and Rojas Rosalva
Bought by
Shakiban Farhad and Navi Dani
Seller's Agent
Mario Toro
C-21 Realty Team
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%

Purchase Details

Closed on
Feb 28, 2008
Sold by
Rojas Ignacio
Bought by
Rojas Ignacio and Rojas Rosalva

Purchase Details

Closed on
Feb 15, 2006
Sold by
Rojas Ignacio and Rojas Rosalva
Bought by
Rojas Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2004
Sold by
Rojas Ignacio
Bought by
Rojas Ignacio and Rojas Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2001
Sold by
Rojas Ignacio and Rojas Rosalva
Bought by
Rojas Ignacio and Rojas Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,900
Interest Rate
7.15%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Alvarado Living Trust and Alice V
Bought by
Rojas Ignacio and Vargas Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,755
Interest Rate
7.17%
Mortgage Type
FHA
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 $960,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Westminster Title Co Inc
Interfamily Deed Transfer -- Westminster Title Co Inc
Grant Deed $370,000 North American Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Security Union
Interfamily Deed Transfer -- Chicago Title Insurance Co
Grant Deed $158,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $624,000 New Conventional
Previous Owner $291,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $460,000 Negative Amortization
Previous Owner $295,000 New Conventional
Previous Owner $215,900 No Value Available
Previous Owner $154,755 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2025 07/18/25 Sold $960,000 +1.1% $611 / Sq Ft
06/29/2025 06/29/25 For Sale $950,000 -1.0% $604 / Sq Ft
06/27/2025 06/27/25 Off Market $960,000 -- --
06/12/2025 06/12/25 Price Changed $950,000 -20.8% $604 / Sq Ft
05/04/2025 05/04/25 For Sale $1,200,000 +224.3% $763 / Sq Ft
06/22/2012 06/22/12 Sold $370,000 -7.5% $235 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
08/14/2011 08/14/11 For Sale $399,900 -- $254 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $5,997 $455,619 $246,282 $209,337
2024 $5,997 $446,686 $241,453 $205,233
2023 $5,800 $437,928 $236,719 $201,209
2022 $5,519 $429,342 $232,078 $197,264
2021 $5,376 $420,925 $227,528 $193,397
2020 $5,296 $416,609 $225,195 $191,414
2019 $5,241 $408,441 $220,780 $187,661
2018 $5,028 $400,433 $216,451 $183,982
2016 $4,874 $384,886 $208,047 $176,839
2015 $4,805 $379,105 $204,922 $174,183
2014 $4,546 $371,679 $200,908 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22050

Pasadena-Foothills Association of REALTORS®

APN: 6255-011-044