Seller's Agent in 2023
Pablo Salcedo
First Team Real Estate
(714) 315-0704
87 Total Sales
8412 5th St Downey, CA 90241
Downey AreaEstimated Value: $1,273,000 - $1,907,773
8
Beds
8
Baths
4,355
Sq Ft
$376/Sq Ft
Est. Value
Highlights
- No HOA
- 3 Car Garage
- Front Yard
- Downey High School Rated A-
About This Home
As of November 2023Nestled in the heart of Downey, 8412 Fifth Street presents a rare investment opportunity with its four-unit apartment complex. The owner's unit, positioned at the front, boasts a two-car garage for added convenience. Additionally, there is a one-car garage and three carports with storage options further enhancing the property's utility. The complex is adorned with dual-pane windows, reflecting a commitment to modern living and energy efficiency. Meticulously maintained, this property ensures a harmonious blend of comfort and functionality. The diverse layout of the units caters to varying lifestyle preferences. Apartment 101, a two-story residence, features three bedrooms and 2.5 baths, offering space for families. Apartment 102 stands as a charming one-bedroom, one-bath unit, while Apartments 201 and 202 each comprise two bedrooms and two baths, providing a comfortable living experience. With its strategic location in Downey and a thoughtful combination of amenities and design, 8412 Fifth Street stands as an enticing opportunity for both residents seeking a new home and investors looking to maximize their real estate portfolio.
Last Agent to Sell the Property
First Team Real Estate License #01778864 Listed on: 10/21/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 7,552 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 3 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,355 Sq Ft Home
- 2-Story Property
- Laundry in Garage
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Additional Features
- Exterior Lighting
- Standard Electricity
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 93
- Tax Tract Number 4641
- Assessor Parcel Number 6254014037
- $1,206 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $371
- Fuel Expense $932
- Gardener Expense $720
- Insurance Expense $3,851
- Trash Expense $2,396
- Water Sewer Expense $830
- Operating Expense $9,162
- Gross Income $81,438
- Net Operating Income $81,438
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2024
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 21, 2023
Closed on
Dec 18, 2023
Sold by
Bought by
Seller's Agent
Pablo Salcedo
First Team Real Estate
Buyer's Agent
Pablo Salcedo
First Team Real Estate
List Price
$1,500,000
Sold Price
$1,650,000
Premium/Discount to List
$150,000
10%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.26%
Original Mortgage
$1,237,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 21, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Pablo Salcedo
First Team Real Estate
Buyer's Agent
Pablo Salcedo
First Team Real Estate
List Price
$1,500,000
Sold Price
$1,650,000
Premium/Discount to List
$150,000
10%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Wfg National Title | ||
| -- | Wfg National Title | ||
| -- | Wfg National Title | ||
| -- | None Listed On Document | ||
| $1,650,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,079,000 | ||
| Closed | $1,060,000 | ||
| Previous Owner | $1,237,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Sold | $1,650,000 | +10.0% | $379 / Sq Ft |
| 11/12/2023 11/12/23 | For Sale | $1,500,000 | -9.1% | $344 / Sq Ft |
| 11/06/2023 11/06/23 | Off Market | $1,650,000 | -- | -- |
| 10/21/2023 10/21/23 | For Sale | $1,500,000 | -- | $344 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,380 | $1,683,000 | $1,275,000 | $408,000 |
| 2024 | $21,001 | $1,650,000 | $1,250,000 | $400,000 |
| 2023 | $4,410 | $269,741 | $58,211 | $211,530 |
| 2022 | $4,224 | $264,453 | $57,070 | $207,383 |
| 2021 | $4,044 | $259,268 | $55,951 | $203,317 |
| 2019 | $3,951 | $252,281 | $54,293 | $197,988 |
| 2018 | $3,727 | $247,349 | $53,229 | $194,120 |
| 2016 | $3,567 | $237,073 | $51,163 | $185,910 |
| 2015 | $3,516 | $233,513 | $50,395 | $183,118 |
| 2014 | $3,368 | $228,939 | $49,408 | $179,531 |
Source: Public Records
Agents Affiliated with this Home
-
Pablo Salcedo
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23196245
APN: 6254-014-037
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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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