NOT LISTED FOR SALE

8344 Alameda St Downey, CA 90242

3 Beds
2 Baths
4,702 Sq Ft
1963 Built

Last Sold June 20, 2018

Last sale price $1,300,000 $276 Per Sq Ft

147 Days on Market

About This Home

As of June 2018

Great value add opportunity.

Last Agent to Sell the Property

Jack Levis

CBRE Inc. License #01886278 Listed on: 11/06/2017

Last Buyer's Agent

Jack Levis

CBRE Inc. License #01886278 Listed on: 11/06/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,179 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 4,702 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6261005034

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,881
  • Professional Management Expense $4,207
  • Water Sewer Expense $5,210
  • New Taxes Expense $17,657
  • Operating Expense $37,404
  • Gross Income $86,699
  • Net Operating Income $46,726

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

9,179 Sq Ft Lot

Parking

3

Listing Details

  • Professional Management Expense: 4207.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5210.00
  • Zoning: DOR15000*
  • Property Type: Residential Income
  • Parcel Number: 6261005034
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 276.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • 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: 9179.00

Multi Family

  • Gross Income: 86699.00
  • Gross Scheduled Income: 86699.00
  • Insurance Expense: 1881.00
  • Net Operating Income: 46726.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 37404.00
  • Rent Control: No
  • Total Expenses: 37404.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17657.00
  • Tax Census Tract: 5512.02
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

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $1,300,000 -7.1% $276 / Sq Ft
04/03/2018 04/03/18 For Sale $1,400,000 +7.7% $298 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
11/29/2017 11/29/17 Off Market $1,300,000 -- --
11/06/2017 11/06/17 For Sale $1,400,000 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,264 $1,479,174 $568,913 $910,261
2024 $19,264 $1,450,171 $557,758 $892,413
2023 $18,627 $1,421,737 $546,822 $874,915
2022 $17,724 $1,393,860 $536,100 $857,760
2021 $17,274 $1,366,531 $525,589 $840,942
2020 $18,333 $1,353,040 $520,200 $832,840
2019 $16,648 $1,307,393 $538,694 $768,699
2018 $16,222 $1,281,769 $528,132 $753,637
2016 $15,700 $1,231,498 $507,625 $723,873
2015 $4,153 $241,803 $78,601 $163,202
2014 $4,008 $237,068 $77,062 $160,006
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17261810

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.