V
Seller's Agent in 2024
Victor Ambriz Jr
Keller Williams SELA
(562) 842-7248
25 Total Sales
8741 Firestone Blvd Downey, CA 90241
Estimated Value: $713,107 - $923,000
4
Beds
4
Baths
1,780
Sq Ft
$434/Sq Ft
Est. Value
Highlights
- Paved or Partially Paved Lot
- Downey High School Rated A-
- 1-Story Property
About This Home
As of November 2024Wow what a great value add investment in the beautiful city of Downey. This consists of 4-1bedroom/1 bath units.with 2 double car garages. Property shows 4 units on title but is receiving 5 rents with beauty salon in front. Buyer and buyer's agent to do their own due diligence.
This property is being along 8737 Firestone Blvd (3 mix-use units), 8727 Firestone Blvd ( 5 retail units), and 11114 Marbel Ave(3-2br/1bth units).
Properties can be purchased together or individually. Hurry These won't Last. All offers must in by August 7th,2024
Last Agent to Sell the Property
Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 07/24/2024
Last Buyer's Agent
Keller Williams SELA Brokerage Email: victor@ambrizandassociates.net License #00952349 Listed on: 07/24/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 6,136 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 1,780 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 11399
- Assessor Parcel Number 6254028026
- $1,080 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $13,500
- Gross Income $45,000
- Net Operating Income $31,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 28, 2024
Sold by
Jack And Joanne Winburne Family Trust and Bodick Steven
Bought by
Marbel Css Llc
Current Estimated Value
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marbel Css Llc | $700,000 | Pacific Coast Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $700,000 | -12.5% | $393 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $800,000 | -- | $449 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,109 | $700,000 | $440,000 | $260,000 |
| 2024 | $2,109 | $84,790 | $51,167 | $33,623 |
| 2023 | $2,061 | $83,128 | $50,164 | $32,964 |
| 2022 | $1,919 | $81,499 | $49,181 | $32,318 |
| 2021 | $1,794 | $79,902 | $48,217 | $31,685 |
| 2020 | $1,776 | $79,284 | $47,723 | $31,561 |
| 2019 | $1,749 | $77,735 | $46,788 | $30,947 |
| 2018 | $1,593 | $76,216 | $45,871 | $30,345 |
| 2016 | $1,521 | $73,066 | $44,091 | $28,975 |
| 2015 | $1,497 | $71,969 | $43,429 | $28,540 |
| 2014 | $1,464 | $70,560 | $42,579 | $27,981 |
Source: Public Records
Agents Affiliated with this Home
-
Victor Ambriz Jr
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24152425
APN: 6254-028-026
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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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