NOT LISTED FOR SALE

9101 Margaret St Downey, CA 90241

Downey Area

Estimated Value: $1,050,000 - $1,206,671

2 Beds
1 Bath
1,932 Sq Ft
$566/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2021

Last sale price $850,000 $440 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,004 / mo

12 Days on Market

Highlights

  • Laundry Facilities
  • Downey High School Rated A-
  • Rectangular Lot

About This Home

As of April 2021

The property is a 1952 construction with all two-bedroom/one-bath units that are separately metered for gas and electricity, three garage parking spaces, and an underutilized laundry room with hookups. The property has been well-maintained, and recent improvements include copper plumbing throughout, a new roof within the past 10 years, and the renovation of the middle unit with new floors, new windows, a new vanity, and new blinds.

9101 Margaret Street is well-located conveniently near a range of services, employers, attractions, and retail: within a few blocks are the popular Stonewood Center Mall, numerous dining and shopping options, and a Ralphs grocery store, and within a mile are Downey High School, Downey Civic Center, the Promenade at Downey (a major shopping center opened in 2015), the Downey Landing shopping center, Downey Regional Medical Center and Kaiser Permanente Downey Medical Center. Additionally, 9101 Margaret Street is located within view of a brand new Marriott Springhill Suites hotel that is currently under construction.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 02/24/2021

Co-Listed By

David O'Keefe

Marcus & Millichap License #01928739

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 02/24/2021

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 1952

Lot Details

  • 6,643 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 3 Car Garage

Home Design

  • 1,932 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Washer and Electric Dryer Hookup
  • Suburban Location

Listing and Financial Details

  • Tax Lot Q
  • Assessor Parcel Number 6284011001

Community Details

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Operating Expense $18,273
  • Net Operating Income $37,715

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

6,643 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: DOR3*
  • Property Type: Residential Income
  • Parcel Number: 6284011001
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 439.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6643.00
  • Lot Size Acres: 0.1525

Multi Family

  • Gross Scheduled Income: 57720.00
  • Lot Size Area: 6643.0000 Square Feet
  • Net Operating Income: 37715.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 18273.00
  • Rent Control: Yes
  • Total Expenses: 18273.00

Tax Info

  • Tax Census Tract: 5511.02
  • Tax Lot: Q

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
Feb 24, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$1,094,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,418
Avg. Annual Appreciation
4.85%
Original Mortgage
$637,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 29, 2021
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 5, 2021
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
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
$354,375
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 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
$193,600
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 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
$193,600
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 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
$150,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2002
Sold by
Bought by
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
-- Wfg National Title Insurance C
-- None Listed On Document
$850,000 Ticor Title
$472,500 First American Title Company
-- None Available
$352,000 Landsafe Title
$393,750 Landsafe Title
$250,000 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 $637,500
Previous Owner $354,375
Previous Owner $193,600
Previous Owner $150,000
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 Prior Sale
04/20/2021 04/20/21 Sold $850,000 -5.6% $440 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $900,000 +90.5% $466 / Sq Ft
10/04/2012 10/04/12 Sold $472,500 -2.6% $245 / Sq Ft View Prior Sale
05/10/2012 05/10/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $485,000 -- $251 / 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 $11,995 $920,066 $552,040 $368,026
2024 $11,785 $902,026 $541,216 $360,810
2023 $11,388 $884,340 $572,220 $312,120
2022 $10,825 $867,000 $561,000 $306,000
2021 $6,894 $537,532 $250,279 $287,253
2020 $6,793 $532,021 $247,713 $284,308
2019 $6,722 $521,590 $242,856 $278,734
2018 $6,469 $511,364 $238,095 $273,269
2016 $6,273 $491,508 $228,850 $262,658
2015 $6,184 $484,126 $225,413 $258,713
2014 $5,853 $474,644 $220,998 $253,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21038397

California Regional Multiple Listing Service (CRMLS)

APN: 6284-011-001

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