NOT LISTED FOR SALE

Downey, CA 90241

Estimated Value: $1,062,000 - $1,208,000

3 Beds
4 Baths
1,988 Sq Ft
$576/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $1,035,000 $521 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,129/month

46 Days on Market

About This Home

As of November 2023

10620 La Reina Ave. provides an investor the opportunity to acquire (3) detached single-story bungalows on a large 8,988 SF lot. The property includes a unit mix of studio, one- & two-bedroom floor plans and the middle unit has recently undergone renovation.

Last Agent to Sell the Property

Andrew Boukather

CB Richard Ellis, Inc. License #02070120 Listed on: 09/11/2023

Last Buyer's Agent

Michele Chavez

RE/MAX New Dimension License #01247678

RE/MAX New Dimension

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,241

Year Built

  • Built in 1940

Lot Details

  • 8,988 Sq Ft Lot

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6253-001-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,241

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Living Area: 1988
  • Lot Acreage: 0.2063
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 578.47

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 67.39
  • Assessed Improvement Value: 240849
  • Assessed Land Percent: 32.61
  • Assessed Land Value: 116555
  • Total Assessed Value: 357404
  • Assessor Parcel Number: 6253-001-010
  • Lot Size Area: 8988

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 20.80
  • Number Of Units: 3
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Nov 14, 2023
Sold by
Johnson Bypass Trust
Bought by
Perfer Declaration Of Trust and Hernandez
Seller's Agent
Andrew Boukather
CB Richard Ellis, Inc.
Buyer's Agent
Michele Chavez
RE/MAX New Dimension
List Price
$1,150,000
Sold Price
$1,035,000
Premium/Discount to List
-$115,000
-10%
Current Estimated Value
$1,145,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,685
Avg. Annual Appreciation
5.24%

Purchase Details

Closed on
Feb 11, 2009
Sold by
Johnson Linda and Johnson Family Trust
Bought by
Johnson Linda and Johnson Bypass Trust

Purchase Details

Closed on
Jun 5, 2007
Sold by
Johnson Lee and Johnson Linda
Bought by
Johnson Lee and Johnson Linda

Purchase Details

Closed on
Nov 19, 2001
Sold by
Johnson Lee C and Johnson Linda
Bought by
Johnson Lee C and Johnson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Plotkin F Lawrence
Bought by
Plotkin F Lawrence and Plotkin Stella A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perfer Declaration Of Trust $1,035,000 Chicago Title Company
Johnson Linda -- None Available
Johnson Lee -- None Available
Johnson Lee -- None Available
Johnson Lee C -- Southland Title Corporation
Plotkin F Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Lee C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,035,000 -10.0% $521 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $1,150,000 -- $578 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $13,241 $1,055,700 $918,000 $137,700
2024 $13,241 $1,035,000 $900,000 $135,000
2023 $5,133 $364,551 $118,886 $245,665
2022 $4,894 $357,404 $116,555 $240,849
2021 $4,738 $350,397 $114,270 $236,127
2020 $4,671 $346,805 $113,099 $233,706
2019 $4,584 $340,006 $110,882 $229,124
2018 $4,407 $333,340 $108,708 $224,632
2016 $4,262 $320,398 $104,488 $215,910
2015 $4,201 $315,586 $102,919 $212,667
2014 $3,992 $309,405 $100,903 $208,502
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andrew Boukather

    CB Richard Ellis, Inc.

    Section Image
  • Michele Chavez

    Buyer's Agent in 2023

    Michele Chavez

    RE/MAX New Dimension

    (714) 718-7221

    7 Total Sales

    Michele Chavez
    Section Image
See All Agents

Source: The MLS

MLS Number: 23-310115

The MLS

APN: 6253-001-010

California Los Angeles County Downey

90241

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