NOT LISTED FOR SALE

8731 5th St Downey, CA 90241

1 Bed
1 Bath
9,900 Sq Ft
9,760 Sq Ft Lot

Last Sold December 23, 2014

Last sale price $1,609,000 $163 Per Sq Ft

166 Days on Market

Highlights

  • Private Pool
  • Dual Staircase
  • No HOA
  • Downey High School Rated A
  • Contemporary Architecture
  • Laundry Room

About This Home

As of December 2014

This building is right next to the high school and Mall. This is a mixed building 7 -1 bedroom 2- 2 bedroom and 1- 3 bedroom units.
There are garages and a pool. There is lots of entertainment nearby and in downtown Downey. Great investment for Downey not many of this size available. There is laundry room that can also produce income.

Last Agent to Sell the Property

Ronald bustamante

Ronald G. Bustamante Jr. License #01449746 Listed on: 07/10/2014

Last Buyer's Agent

Tom Kung

CBH REALTY License #01854845

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,760 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 9,900 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Fire and Smoke Detector
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 14 / 616
  • Tax Tract Number 22788
  • Assessor Parcel Number 6253023016

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • Electric Expense $1,776
  • Gardener Expense $480
  • Insurance Expense $3,000
  • Maintenance Expense $650
  • Pool Expense $1,500
  • Trash Expense $1,805
  • Water Sewer Expense $2,400
  • New Taxes Expense $25,500
  • Gross Income $9,925
  • Net Operating Income $97,389

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.40
  • Property Attached: Yes
  • Security: Fire and Smoke Detection System
  • Water Sewer Expenses: 2400.00
  • Zoning: R3
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6253023016
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 162.53

Exterior Features

  • Pool Expense: 1500.00
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Community
  • Trash Expense: 1805.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: irregular
  • Lot Size Sq Ft: 9760.00
  • Lot Size Acres: 0.2240

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 1776.00
  • Gross Income: 9925.00
  • Gross Multiplier: 13.60
  • Gross Scheduled Income: 119100.00
  • Insurance Expense: 3000.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 9760.0000 Square Feet
  • Maintenance Expense: 650.00
  • Maintenance Percent: 1.00
  • Net Operating Income: 97389.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Units Leased: 1
  • Number Of Units Total: 10
  • Operating Expense: 15756.00
  • Operating Expense Percent: 13.00
  • Rent Control: No
  • Total Actual Rent: 9525.00
  • Vacancy Allowance: 5955

Tax Info

  • New Taxes Expense: 25500.00
  • Tax Block: 616
  • Tax Lot: 14
  • Tax Tract Number: 22788
  • Tax Year: 2013

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $1,609,000 0.0% $163 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $1,609,000 -- $163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ronald bustamante

    Seller's Agent in 2014

    Ronald bustamante

    Ronald G. Bustamante Jr.

    (562) 595-2416

    1 in this area

    13 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Tom Kung

    CBH REALTY

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14145519

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Downey 90241

8731 5th St, Downey, CA

This home is located at 8731 5th St, Downey, CA 90241 since 10 July 2014. This property was built in 1958. 8731 5th St is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Doty Middle School, and Downey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes