Seller's Agent in 2024
Jeff Allensworth
Realty World Allensworth
(562) 923-8879
54 Total Sales
9045 Iowa St Downey, CA 90241
Estimated Value: $1,467,000 - $1,577,000
5
Beds
4
Baths
3,967
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Block Wall Fence
- Downey High School Rated A-
- Central Heating
About This Home
As of March 2024FANSTASTIC TRI PLEX FOR SALE IN DOWNEY. FRONT UNIT IS 3 BEDROOMS AND 2 BATHS (2300 SQFT APPROX) WITH A 2 CAR ATTACHED GARAGE, FRONT UNIT HAS LAUNDRY ROOM, EXTRA LARGE 2 GAR GARAGE WITH WORKSHOP AREA. LARGE MASTER BEDROOM UPSTAIRS WITH EN SUITE BATHROOM AND A WALK IN CLOSET PLUS A LARGE MIRRORED CLOSET. FRONT UNIT IS A TRUE OWNERS UNIT THAT IS CENTRAL AC READY. 2 REAR UPSTAIRS UNITS HAVE 2 BEDROOMS AND 2 BATHS (800 SQFT APPEOX) WITH A 1 CAR GARAGE EACH. THERE IS ALSO AN ADDITIONAL 2 CAR GARAGE THAT CAN BE RENTED OR TURNED INTO AN ADU. THIS TRI PLEX COMES WITH 2 PARKING SPACES AT THE END OF THE DRIVEWAY AND EACH UNIT HAS A LAUNDRY HOOKUP IN THEIR GARAGES. MIDDLE UNITS KITCHEN HAS JUST BEEN REMODELED AND PERMITED WITH THE CITY. THE FRONT UNIT GETS $2600 PER MONTH AND THE 2 BEDROOMS 2 BATH UNIT RENTS FOR $2100 PER MONTH. OWNER PAYS WATER AND TRASH CURRENTLY. EACH UNIT HAS A FORCED AIR FURNACE.
Last Agent to Sell the Property
Realty World Allensworth License #01083399 Listed on: 01/08/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 7,541 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
Parking
- 6 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Entry on the 2nd floor
- Composition Roof
Interior Spaces
- 3,967 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Suburban Location
- Central Heating
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 32
- Tax Tract Number 1
- Assessor Parcel Number 6284009021
- $993 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $480
- Water Sewer Expense $900
- Operating Expense $2,580
- Gross Income $86,200
- Net Operating Income $83,620
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2024
Closed on
Jan 19, 2024
Sold by
Gray Family Enterprises Limited Partners
Bought by
Cheng Chakrya and Cheng Soklin
Seller's Agent
Jeff Allensworth
Realty World Allensworth
Buyer's Agent
Sarah Kim
Sarah Kim, Broker
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,226
Avg. Annual Appreciation
1.74%
Original Mortgage
$942,600
Outstanding Balance
$924,983
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$577,243
Purchase Details
Closed on
Oct 7, 2015
Sold by
Gray Shirley Leota and The Gray Family Bypass Trust B
Bought by
The Gray Family Enterprises Limited Part
Purchase Details
Closed on
May 17, 2011
Sold by
Lazcon Francisco Javier and Lazcon Roberto
Bought by
Gray Shirley L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2004
Sold by
Lazcon Francisco Javier and Godinez Robert Lazcon
Bought by
Lazcon Francisco Javier and Lazcon Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 2002
Sold by
Lazcon Guadalupe
Bought by
Godinez Roberto Lazcon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2002
Sold by
Cook Paul C and Cook Janet E
Bought by
Lazcon Francisco Javier and Godinez Roberto Lazcon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Chakrya | $1,450,000 | None Listed On Document | |
| The Gray Family Enterprises Limited Part | -- | None Available | |
| Gray Shirley Leota | -- | None Available | |
| Gray Shirley L | $650,000 | Fidelity National Title Co | |
| Lazcon Francisco Javier | -- | Investors Title Company | |
| Godinez Roberto Lazcon | -- | Landsafe Title | |
| Lazcon Francisco Javier | -- | Landsafe Title | |
| Lazcon Francisco Javier | $499,000 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheng Chakrya | $942,600 | |
| Previous Owner | Gray Shirley L | $468,750 | |
| Previous Owner | Lazcon Francisco Javier | $502,000 | |
| Previous Owner | Lazcon Francisco Javier | $399,200 | |
| Closed | Lazcon Francisco Javier | $74,850 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $1,450,000 | -3.3% | $366 / Sq Ft |
| 01/24/2024 01/24/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | For Sale | $1,500,000 | -- | $378 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,793 | $1,479,000 | $765,000 | $714,000 |
| 2024 | $10,793 | $816,426 | $314,009 | $502,417 |
| 2023 | $10,435 | $800,418 | $307,852 | $492,566 |
| 2022 | $9,925 | $784,724 | $301,816 | $482,908 |
| 2021 | $9,670 | $769,339 | $295,899 | $473,440 |
| 2019 | $9,427 | $746,522 | $287,123 | $459,399 |
| 2018 | $9,128 | $731,886 | $281,494 | $450,392 |
| 2016 | $8,837 | $703,467 | $270,564 | $432,903 |
| 2015 | $8,713 | $692,901 | $266,500 | $426,401 |
| 2014 | $8,234 | $679,329 | $261,280 | $418,049 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Allensworth
-
Sarah Kim
Buyer's Agent in 2024
Sarah Kim
Sarah Kim, Broker
(714) 612-9422
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24004275
APN: 6284-009-021
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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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