NOT LISTED FOR SALE

Estimated Value: $1,539,644

5 Beds
4 Baths
3,967 Sq Ft
$388/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2024

Last sale price $1,450,000 $366 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,039 / mo

16 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Block Wall Fence

About This Home

As of March 2024

FANSTASTIC 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

Jeff Allensworth

Realty World Allensworth License #01083399 Listed on: 01/08/2024

Last Buyer's Agent

Sarah Kim

Sarah Kim, Broker License #02033475

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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
  • Laundry in Garage

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

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

Amenities

  • Laundry Facilities

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

7,541 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: DOR2&HFB*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6284009021
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 365.52

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7541.00
  • Lot Size Acres: 0.1731

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 2300 Square Feet
  • Gross Income: 86200.00
  • Gross Scheduled Income: 86200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7541.0000 Square Feet
  • Net Operating Income: 83620.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2580.00
  • Rent Control: No
  • Total Actual Rent: 4800.00
  • Total Expenses: 2580.00

Tax Info

  • Tax Census Tract: 5511.02
  • Tax Lot: 32
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 993.00

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

Listed on
Jan 8, 2024
Closed on
Jan 19, 2024
Sold by
Bought by
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
$1,539,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,644
Avg. Annual Appreciation
2.51%
Original Mortgage
$942,600
Outstanding Balance
$916,403
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$623,241

Purchase Details

Closed on
Oct 7, 2015
Sold by
Bought by

Purchase Details

Closed on
May 17, 2011
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
$468,750
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2004
Sold by

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

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

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
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
$1,450,000 None Listed On Document
-- None Available
-- None Available
$650,000 Fidelity National Title Co
-- Investors Title Company
-- Landsafe Title
-- Landsafe Title
$499,000 Landsafe Title
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
Open $942,600
Previous Owner $468,750
Previous Owner $502,000
Previous Owner $399,200
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
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

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 $18,716 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24004275

California Regional Multiple Listing Service (CRMLS)

APN: 6284-009-021

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