NOT LISTED FOR SALE

8715 Buckles St Downey, CA 90241

Estimated Value: $819,000 - $953,499

4 Beds
2 Baths
1,536 Sq Ft
$573/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $780,000 $508 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,661/month

18 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Bungalow
  • Downey High School Rated A
  • More Than Two Accessible Exits
  • Wall Furnace

About This Home

As of October 2023

Welcome to this fantastic Duplex opportunity in the highly sought after city of Downey. Both front and rear unit consists of 2 bedrooms, 1 bathroom with spacious kitchens and living rooms. There is a two car attached garage that sits in between both units. The rear unit has access to a lovely backyard. This Duplex is located near Downey Landing, the Promenade at Downey, public transportation, schools and freeways. A must see.

Last Agent to Sell the Property

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099 Listed on: 08/11/2023

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099 Listed on: 08/11/2023

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,050

Year Built

  • Built in 1954

Lot Details

  • 5,722 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 24
  • Tax Tract Number 18042
  • Assessor Parcel Number 6255021022
  • $578 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $758
  • Trash Expense $554
  • Water Sewer Expense $267
  • New Taxes Expense $8,704
  • Operating Expense $1,597
  • Gross Income $28,800
  • Net Operating Income $18,499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,050

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 399500
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 267.00
  • Zoning: DOR2*
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6255021022
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: E
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 507.81
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 554.40
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5722.00
  • Lot Size Acres: 0.1314

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 758.00
  • Lot Size Area: 5722.0000 Square Feet
  • Net Operating Income: 18498.86
  • 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: 1597.40
  • Rent Control: Yes
  • Total Expenses: 1597.40

Tax Info

  • New Taxes Expense: 8704.00
  • Tax Census Tract: 5513.00
  • Tax Lot: 24
  • Tax Tract Number: 18042
  • TaxOtherAnnualAssessmentAmount: 578.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 6, 2023
Sold by
Valenciano Felipe G and Valencia Celia
Bought by
Lu And Chiu Familly Llc
Seller's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Views
568
Current Estimated Value
$880,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,875
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Apr 24, 2006
Sold by
Valenciano Felipe G and Valenciano Celia J
Bought by
Valenciano Felipe G and Valenciano Celia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 12, 2005
Sold by
Valenciano Felipe G and Valenciano Celia J
Bought by
Valenciano Felipe G and Valenciano Celia J

Purchase Details

Closed on
Apr 5, 2002
Sold by
Valenciano Felipe G and Valenciano Celia L
Bought by
Valenciano Felipe and Valenciano Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 29, 1997
Sold by
Valenciano Felipe G and Valenciano Celia J
Bought by
Valenciano Felipe G and Valenciano Celia J
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lu And Chiu Familly Llc $780,000 Wfg National Title
Valenciano Felipe G -- First American Title Company
Valenciano Felipe G -- First American Title Company
Valenciano Felipe G -- --
Valenciano Felipe -- American Title Co
Valenciano Felipe G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valenciano Felipe G $225,000
Previous Owner Valenciano Felipe G $235,000
Previous Owner Valenciano Felipe G $235,000
Previous Owner Valenciano Felipe $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $780,000 -2.4% $508 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $799,000 -- $520 / 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 $10,050 $795,600 $642,600 $153,000
2024 $10,050 $780,000 $630,000 $150,000
2023 $1,518 $78,878 $24,945 $53,933
2022 $8,705 $714,000 $510,000 $204,000
2021 $1,384 $75,817 $23,977 $51,840
2020 $1,367 $75,041 $23,732 $51,309
2019 $1,353 $73,570 $23,267 $50,303
2018 $1,244 $72,128 $22,811 $49,317
2016 $1,187 $69,328 $21,926 $47,402
2015 $1,169 $68,287 $21,597 $46,690
2014 $1,130 $66,950 $21,174 $45,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23137928

California Regional Multiple Listing Service (CRMLS)

APN: 6255-021-022