NOT LISTED FOR SALE

8780 Stamps Rd Downey, CA 90240

3 Beds
2 Baths
18,226 Sq Ft
1959 Built

Sale Details

Date Sold: May 3, 2012

Last sale price $2,400,000 $132 Per Sq Ft

273 Days on Market

About This Home

As of May 2012

Quiet location in Downey.
Community is in a central location close to freeways, retail plazas and restaurant centers.
Call for more details.

Last Agent to Sell the Property

Doug Rodermund

Morgan Skenderian License #01314304 Listed on: 06/27/2011

Last Buyer's Agent

Edgar Cortez

M C Funding Inc. License #01270740

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Parking

  • 26 Parking Spaces

Home Design

  • 18,226 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 6367025021

Community Details

Overview

  • 2 Buildings
  • 26 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 27 Separate Water Meters
  • Gardener Expense $500
  • Insurance Expense $4,632
  • Maintenance Expense $25,000
  • Other Expense $11,903
  • Pest Control $480
  • Professional Management Expense $6,300
  • New Taxes Expense $44,749
  • Gross Income $31,371
  • Net Operating Income $261,596

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Listing Details

  • Assessments: No
  • CapRate: 7.50
  • Professional Management Expense: 6300.00
  • View: No
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 6367025021
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 131.68

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 26.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 480.00

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 31371.00
  • Gross Multiplier: 9.27
  • Gross Scheduled Income: 376452.00
  • Gross Spendable Income: 103320.00
  • Insurance Expense: 4632.00
  • Maintenance Expense: 25000.00
  • Net Operating Income: 261596.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 27
  • Number Of Units Total: 26
  • Operating Expense: 96033.00
  • Operating Expense Percent: 25.00
  • Other Expense: 11903.00
  • Other Expense Description: Utiliti
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 44749.00
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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
03/04/2026 03/04/26 Off Market $1,900 -- --
12/18/2025 12/18/25 Price Changed $1,900 -2.6% $3 / Sq Ft
12/11/2025 12/11/25 Price Changed $1,950 -2.3% $3 / Sq Ft
12/04/2025 12/04/25 For Rent $1,995 0.0% --
03/27/2024 03/27/24 For Rent $1,995 0.0% --
12/07/2023 12/07/23 Price Changed $1,995 +56.5% $3 / Sq Ft
12/01/2023 12/01/23 For Rent $1,275 0.0% --
05/03/2012 05/03/12 Sold $2,400,000 -34.7% $132 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
06/27/2011 06/27/11 For Sale $3,675,000 -- $202 / 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 $41,393 $3,014,523 $2,135,291 $879,232
2024 $40,597 $2,955,416 $2,093,423 $861,993
2023 $39,279 $2,897,468 $2,052,376 $845,092
2022 $37,421 $2,840,656 $2,012,134 $828,522
2021 $36,292 $2,784,958 $1,972,681 $812,277
2019 $35,407 $2,705,277 $1,914,171 $791,106
2018 $34,525 $2,652,291 $1,876,639 $775,652
2016 $33,375 $2,546,495 $1,803,768 $742,727
2015 $32,900 $2,508,245 $1,776,674 $731,571
2014 $31,200 $1,721,378 $1,024,630 $696,748
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P787149

California Regional Multiple Listing Service (CRMLS)
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