$4,450,000
SOLD DEC 20, 2024

9351 Washburn Rd Downey, CA 90242

6 Beds
3 Baths
13,665 Sq Ft
0.49 Acres

Recently Sold

$326 Per Sq Ft

1% Above List Price

Highlights

  • 0.49 Acre Lot
  • No HOA
  • Laundry Room
  • Downey High School Rated A

About This Home

As of December 2024

18 Unit Building - Unit Mix: 8 (1 bed+1 bath), 9 (2 bed+1 bath), 1 (3 bed+1 bath)

Last Agent to Sell the Property

Mark Cianciulli

The CREM Group Brokerage Phone: 323-208-9512 License #01990266 Listed on: 12/20/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.49 Acre Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 13,665 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 5511
  • Assessor Parcel Number 6284023013
  • $4,587 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 18 Units

Building Details

  • 18 Leased Units
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 18 Separate Water Meters
  • Insurance Expense $11,598
  • Professional Management Expense $22,980
  • Trash Expense $6,487
  • Operating Expense $131,111
  • Gross Income $459,600
  • Net Operating Income $314,702

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Price Per Unit: 245833
  • Professional Management Expense: 22980.00
  • Property Attached: Yes
  • Zoning: DOR3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6284023013
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: ground
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 325.65

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 6487.00

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 21233.00
  • Lot Size Acres: 0.4874

Multi Family

  • Gross Income: 459600.00
  • Gross Scheduled Income: 459600.00
  • Insurance Expense: 11598.00
  • Lot Size Area: 21233.0000 Square Feet
  • Net Operating Income: 314702.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 18
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Operating Expense: 131111.00
  • Rent Control: No
  • Total Actual Rent: 37375.00
  • Total Expenses: 131111.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 5511.02
  • Tax Lot: 10
  • Tax Tract Number: 5511
  • TaxOtherAnnualAssessmentAmount: 4587.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $4,450,000 +0.6% $326 / Sq Ft
12/20/2024 12/20/24 For Sale $4,425,000 -- $324 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Cianciulli

    Seller's Agent in 2024

    Mark Cianciulli

    The CREM Group

    (949) 285-0343

    3 in this area

    196 Total Sales

    Mark Cianciulli
    Section Image

  • N

    Buyer's Agent in 2024

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,872 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24252831

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Downey 90242

9351 Washburn Rd, Downey, CA

This home is located at 9351 Washburn Rd, Downey, CA 90242 and is currently priced at $4,450,000, approximately $325 per square foot. This property was built in 1964. 9351 Washburn Rd is a home located in Los Angeles County with nearby schools including Gauldin Elementary School, Doty Middle School, and Downey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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