NOT LISTED FOR SALE

8434 Fontana St Downey, CA 90241

Estimated Value: $1,329,000 - $1,831,000

8 Beds
5 Baths
4,846 Sq Ft
$320/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2018

Last sale price $1,025,000 $212 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,816 / mo

21 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Downey High School Rated A-
  • Two Homes on a Lot
  • Landscaped

About This Home

As of January 2018

Owner Builder is selling! Main house 2680SQFT fronts on Fontana and was built to keep a BIG family happy and organized! FOUR bedrooms upstairs with TWO baths, including a HUGE Master Suite with walk-in closet, DIVA worthy bathroom and plenty of privacy. DOWNSTAIRS Living room with a view of the street is a retreat from the main living area of GREAT ROOM Kitchen, Dining & Family Room with FIREPLACE, a slider to the backyard and a 3rd bathroom. PLUS There's a den with private entrance! Perfect option for additional bdrm, office or Formal Dining Rm. Attached garage with auto door opener for easy access to the house. Fronting on Stewart & Gray you have TWO 2bdrm apartments with air conditioning, their own private double garages, and laundry hookups. Rents have been kept low for EXCELLENT residents. House & apartments are FENCED for separation and privacy. Lots of options for owner user or investor. GREAT location for commuting to LA, Long Beach or Sante Fe Springs. EZ access to the best of Downey's shopping, dining, and entertainment. HUGE UPSIDE FOR RENTS.

Last Agent to Sell the Property

Melanie Bickley

Whittier Brokers License #00519059 Listed on: 12/13/2017

Last Buyer's Agent

Jason Cokias

eXp Realty of Greater Los Angeles License #01719474

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,968 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 4,846 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 26
  • Tax Tract Number 10689
  • Assessor Parcel Number 6255026014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,920
  • Trash Expense $2,040
  • Water Sewer Expense $936
  • New Taxes Expense $14,300
  • Operating Expense $18,068
  • Gross Income $63,600
  • Net Operating Income $45,532

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

7,968 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 936.00
  • Zoning: DOR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6255026014
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 211.51

Exterior Features

  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 2040.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Level
  • Lot Size Sq Ft: 7968.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 2680 Square Feet
  • Gross Income: 63600.00
  • Gross Scheduled Income: 63600.00
  • Insurance Expense: 1920.00
  • Net Operating Income: 45532.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Drapes: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Operating Expense: 18068.00
  • Rent Control: No
  • Total Actual Rent: 2700.00
  • Total Expenses: 18068.00

Tax Info

  • New Taxes Expense: 14300.00
  • Tax Census Tract: 5513.00
  • Tax Lot: 26
  • Tax Tract Number: 10689

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 7, 2022
Sold by
Bought by
Current Estimated Value
$1,581,080

Purchase Details

Listed on
Dec 13, 2017
Closed on
Dec 28, 2017
Sold by
Bought by
Seller's Agent
Melanie Bickley
Whittier Brokers
Buyer's Agent
Jason Cokias
eXp Realty of Greater Los Angeles
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$682,500
Interest Rate
0.0393%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2009
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
$214,500
Interest Rate
0.0518%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
-- None Listed On Document
$1,050,000 Old Republic Title Co
-- First American Title Company
-- --
-- United Title Company
-- --
-- --
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
Closed $250,000
Closed $693,000
Closed $684,000
Closed $682,500
Closed $214,500
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
01/26/2018 01/26/18 Sold $1,025,000 -6.8% $212 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $1,100,000 +7.3% $227 / Sq Ft
12/15/2017 12/15/17 Off Market $1,025,000 -- --
12/13/2017 12/13/17 For Sale $1,100,000 -- $227 / 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 $15,319 $1,194,717 $455,130 $739,587
2024 $15,005 $1,171,292 $446,206 $725,086
2023 $14,496 $1,148,326 $437,457 $710,869
2022 $13,772 $1,125,811 $428,880 $696,931
2021 $13,444 $1,103,737 $420,471 $683,266
2019 $13,062 $1,071,000 $408,000 $663,000
2018 $12,690 $1,040,400 $479,400 $561,000
2016 $6,492 $501,892 $101,860 $400,032
2015 $6,402 $494,354 $100,330 $394,024
2014 $6,064 $484,671 $98,365 $386,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17274564

California Regional Multiple Listing Service (CRMLS)

APN: 6255-026-014

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