NOT LISTED FOR SALE

8432 5th St Downey, CA 90241

Estimated Value: $938,000 - $1,208,000

4 Beds
2 Baths
1,723 Sq Ft
$638/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $830,000 $482 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,696/month

10 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Living Room
  • Downey High School Rated A
  • Ceramic Countertops
  • Laundry Room

About This Home

As of March 2021

Opportunity awaits*** here is a great opportunity to own 2 duplex in a great location, this duplex features 2 bedroom 1 bath each : front unit 2/1 with a 2 car garage, interior laundry, spacious bedrooms, also has a covered patio in rear, the rear unit is 2/1 ; each unit has their own parking area, and the lot is a R3 zoning just under 10k sq foot lot , there is also a seperate unit used for storage in rear of the front unit, whether looking to own or invest this is definitely an opportunity for either, location is great... it is close to shopping, schools, resturants and much much more... Do not miss this one !!!

Last Agent to Sell the Property

Maria Cibrian

Century 21 Allstars License #01428610 Listed on: 01/04/2021

Century 21 Allstars

Last Buyer's Agent

Flor Martinez

Century 21 Masters License #01302500

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,195

Year Built

  • Built in 1949

Lot Details

  • 9,281 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Driveway Level

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,723 Sq Ft Home
  • Living Room
  • Storage
  • Laundry Room
  • Ceramic Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Rain Gutters

Additional Features

  • Accessible Parking
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 97
  • Tax Tract Number 4641
  • Assessor Parcel Number 6254014036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $9,800
  • Operating Expense $11,420
  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,195

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 720.00
  • Zoning: DOR3*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6254014036
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 481.72
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway Level, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9281.00
  • Lot Size Acres: 0.2131

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 1000 Square Feet
  • Average2 Bed Area: 723 Square Feet
  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 9281.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 12020.00
  • Rent Control: No
  • Total Expenses: 11420.00

Tax Info

  • New Taxes Expense: 9800.00
  • Tax Census Tract: 5509.01
  • Tax Lot: 97
  • Tax Tract Number: 4641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2016
Sold by
Keaotamai Soonthree
Bought by
Keaotamai Soonthree and The Soonthree Keaotamal Living
Current Estimated Value
$1,098,792
Source: Public Records

Range of Values:

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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
Keaotamai Soonthree -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $830,000 +1.8% $482 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $815,000 -- $473 / 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 $11,195 $898,415 $626,726 $271,689
2024 $11,195 $880,800 $614,438 $266,362
2023 $10,812 $863,531 $602,391 $261,140
2022 $10,267 $846,600 $590,580 $256,020
2021 $5,609 $441,560 $308,268 $133,292
2020 $5,526 $437,034 $305,108 $131,926
2019 $5,450 $428,466 $299,126 $129,340
2018 $5,250 $420,065 $293,261 $126,804
2016 $5,089 $403,755 $281,874 $121,881
2015 $5,017 $397,691 $277,640 $120,051
2014 $4,745 $389,902 $272,202 $117,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21001192

California Regional Multiple Listing Service (CRMLS)

APN: 6254-014-036