Seller's Agent in 2023
Daniel Shieh
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
40 Total Sales
Estimated Value: $1,807,000 - $2,147,791
9116 Hall Rd is a huge fourplex located in the highly desirable city of Downey. With a highly desirable unit mix of (1) 3 bed/1 bath front house, (1) 2 bed/2 bath, and (2) 3 bed/2 bath units, the property is generating stellar income. One of the 3 bed/2 bath units is extra large with two family rooms and two entrances that's currently being used by the tenants as a divided 3 bed/1 bath and a studio/1 bath units, connected by a door. Tenants pay for their own electric, gas, and trash. The property also provides a laundry room with one washer and dryer that generates enough additional income to cover water and common area utility expenses. The property is not subject to any local rent control ordinance. Current ownership has proactively managed and maintained the property. The main roof was replaced six years ago. Copper plumbing to the main line, 2 new water heaters, and upgraded electrical panel in Unit D have all been installed within the last 5 years. All units have tile floors, granite countertops and updated kitchen and bathroom cabinets. Eight carports, one garage, and additional driveway parking service the tenants' vehicles. Located on a quiet residential street within the borders of downtown Downey, tenants enjoy the benefits of both worlds. Just blocks away are Lakewood Blvd and Firestone Blvd, lined with restaurants, shops and service providers. If that's not enough, Downey Landing is around the corner, which includes several restaurants, a movie theater, LA Fitness, Staples, Walmart Supercenter, and much more. Just a few minutes in the car will put you on the 105, 605, 5 of 710 Freeways.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01978847 Listed on: 03/13/2023
Last Buyer's Agent
Gloria Cervantes
Realty One Group United License #01419161
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Iah Living Trust | $1,948,000 | First American Title | |
| The Blar Trust | -- | Accommodation | |
| Birch Al | -- | Canyon Title | |
| Birch Al | $919,000 | Pacific Coast Title Company | |
| Garga Properties Inc | -- | None Available | |
| Garga Properties Inc | -- | -- | |
| Garg Anoop | -- | -- | |
| Garga Desh Ratan | -- | -- | |
| Garga D R | -- | -- | |
| Simmons Ronald L | $370,000 | Gateway Title Company | |
| Orega David | -- | Gateway Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Birch Al | $620,000 | |
| Previous Owner | Garga Properties Inc | $350,000 | |
| Previous Owner | Simmons Ronald L | $366,873 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2023 10/10/23 | Sold | $1,948,000 | -0.1% | $423 / Sq Ft | |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- | |
| 03/13/2023 03/13/23 | For Sale | $1,950,000 | 0.0% | $423 / Sq Ft | |
| 08/10/2016 08/10/16 | Rented | $1,984 | +4.4% | -- | |
| 08/03/2016 08/03/16 | For Rent | $1,900 | 0.0% | -- | |
| 10/24/2014 10/24/14 | Sold | $919,000 | 0.0% | $199 / Sq Ft | View Prior Sale |
| 10/02/2014 10/02/14 | Pending | -- | -- | -- | |
| 09/24/2014 09/24/14 | For Sale | $919,000 | -- | $199 / Sq Ft |
| 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 | $24,627 | $1,986,960 | $1,530,000 | $456,960 |
| 2024 | $24,627 | $1,948,000 | $1,500,000 | $448,000 |
| 2023 | $13,791 | $1,061,603 | $404,308 | $657,295 |
| 2022 | $13,117 | $1,040,788 | $396,381 | $644,407 |
| 2021 | $12,783 | $1,020,381 | $388,609 | $631,772 |
| 2020 | $12,593 | $1,009,919 | $384,625 | $625,294 |
| 2019 | $12,462 | $990,118 | $377,084 | $613,034 |
| 2018 | $12,069 | $970,705 | $369,691 | $601,014 |
| 2016 | $11,694 | $933,014 | $355,337 | $577,677 |
| 2015 | $11,530 | $919,000 | $350,000 | $569,000 |
| 2014 | $5,911 | $454,800 | $184,378 | $270,422 |
Seller's Agent in 2023
Daniel Shieh
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
40 Total Sales
G
Buyer's Agent in 2023
Gloria Cervantes
Realty One Group United
A
Seller's Agent in 2016
Al Birch
Al Birch
A
Seller's Agent in 2014
Anoop Garg
The Real Estate Consult. Wstsd
S
Buyer's Agent in 2014
Sungita Garg
The Real Estate Consult. Wstsd
Source: The MLS
MLS Number: 23-250357
APN: 6284-016-007