NOT LISTED FOR SALE

8741 Nada St Downey, CA 90242

Downey Area

Estimated Value: $677,000 - $1,011,000

4 Beds
2 Baths
1,670 Sq Ft
$525/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2016

Last sale price $535,000 $320 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,427 / mo

11 Days on Market

About This Home

As of September 2016

WOW! WOW! WOW! This is a great buy!!! This is a great income producing property. This Gem are 2 units with 2 bedrooms and 1 bathroom each unit. Laundry room inside the Property, Property has a 2 car garage . Property is in excellent condition very clean inside and outside. New windows, One of the units it is completely renovated and will be delivery vacant!!! Property is located in Quiet residential area west of Downey Landing and Kaiser. Please drive by only !!! Do not disturb the Occupants!!!

Last Agent to Sell the Property

Giomar Vasquez

G & V Options & Solutions Inc License #01500295 Listed on: 06/17/2016

Last Buyer's Agent

Marlene Rodriguez

M. R. & Associates License #00898732

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 5,647 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,670 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry in unit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 20081
  • Assessor Parcel Number 6258011045

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $600
  • New Taxes Expense $6,877
  • Gross Income $3,300
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

5,647 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 6258011045
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 320.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5647.00
  • Price Per Lot Square Foot: 94.74

Multi Family

  • Gross Income: 3300.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 39000.00
  • 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: 600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6877.00
  • Tax Lot: 14
  • Tax Tract Number: 20081

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
Jul 5, 2016
Sold by
Bought by
Current Estimated Value
$877,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,400
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2004
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
$336,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
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
$365,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
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
$365,750
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 17, 2001
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
$218,320
Interest Rate
6.87%

Purchase Details

Closed on
Sep 26, 2001
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
$218,320
Interest Rate
6.87%

Purchase Details

Closed on
Sep 20, 1994
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
$182,400
Interest Rate
8%
Source: Public Records

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
$535,000 Fewart Title Of California
-- None Available
$490,000 --
$490,000 Landsafe Title Of California
-- --
$385,000 Fidelity Long Beach
-- --
-- --
-- --
-- Ticor Title
$273,000 Ticor Title
$192,000 Gateway 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
Previous Owner $520,400
Previous Owner $336,000
Previous Owner $365,750
Previous Owner $218,320
Previous Owner $182,400
Closed $54,580
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
09/08/2016 09/08/16 Sold $535,000 -2.7% $320 / Sq Ft
08/05/2016 08/05/16 Price Changed $550,000 +2.8% $329 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $535,000 -- $320 / 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 $9,245 $723,742 $434,033 $289,709
2024 $9,089 $709,552 $425,523 $284,029
2023 $8,779 $695,640 $417,180 $278,460
2022 $8,339 $682,000 $409,000 $273,000
2021 $6,982 $573,625 $344,176 $229,449
2020 $6,875 $567,744 $340,647 $227,097
2019 $6,801 $556,613 $333,968 $222,645
2018 $6,613 $545,700 $327,420 $218,280
2016 $8,760 $565,651 $334,775 $230,876
2015 $6,877 $557,156 $329,747 $227,409
2014 $6,490 $546,243 $323,288 $222,955
Source: Public Records

Agents Affiliated with this Home

  • Giomar Vasquez Real Estate Agent - G & V Options & Solutions Inc

    Seller's Agent in 2016

    Giomar Vasquez

    G & V Options & Solutions Inc

    (562) 857-1007

    35 Total Sales

    Giomar Vasquez
    Section Image
  • Marlene Rodriguez Real Estate Agent - M. R. & Associates

    Buyer's Agent in 2016

    Marlene Rodriguez

    M. R. & Associates

    (562) 824-7333

    58 Total Sales

    Marlene Rodriguez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16131959

California Regional Multiple Listing Service (CRMLS)

APN: 6258-011-045

California Los Angeles County Downey 90242

8741 Nada St, Downey, CA

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

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