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10224 La Reina Ave, Downey, CA 90241
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10224 La Reina Ave Downey, CA 90241

$2,449,000
  • 9 Beds
  • 6 Baths
  • 4,082 Sq.Ft.
For Sale
$2,449,000 Get Pre-Qualified
Map preview of 10224 La Reina Ave, Downey, CA 90241

Property Overview: 10224 La Reina Ave Downey, CA has 9 bedrooms, 6 bathrooms, 4,082 living square feet and 7,858 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Stunning triplex in Downey! With a modern and contemporary income property. These three spacious & beautifully designed units offer 3 bedrooms & 2 baths with a 2 car garage in each unit. It's a perfect combination of contemporary design & comfort. Each 3 bedroom 2 bath unit features an open-concept layout, between the living, dining, and kitchen areas, making it perfect for spending quality time with family. The kitchen with the island adds a warm atmosphere for your guests & family. The bedrooms provide a natural light through windows that invites you to relax & enjoy. Conveniently located in the desirable City of Downey close to schools, transportation and shopping complexes. This is an ideal opportunity for homeowners & investors.

Listed by Chris Limon | BRE #01182471 | Century 21 A Better Service
Last checked: 10 minutes ago | Last updated: February 25th, 2024 | Source CRMLS | DOM: 63
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Home details

Lot Sq. Ft
7,858
HOA Dues
$0/mo
Year built
2022
Garage
6 Car
Property Type:
Triplex
Status
Active
MLS#
DW24028898
City
Downey
County
Los Angeles
Time on Site
83 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $153,000
  • Net Operating Income: $147,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,000
  • Maintenance: $1,500
  • Professional Management: $3,000
  • Water/Sewer: $0

Open Houses for 10224 La Reina Ave

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Property Details for 10224 La Reina Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Laundry, Living Room, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Gas Water Heater, Microwave
Interior Features
  • 2 Staircases, Open Floorplan, Quartz Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Lighting, Rain Gutters
  • Has Fence
  • Excellent Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • View: None, See Remarks
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 6252021011
  • Year Built Source: Builder
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Cross Street with Florence Ave & Between Downey & Western Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Dog Park, Urban
View more facts & features

Local Downey Agent

Sale History for 10224 La Reina Ave

Last sold on March 21st, 2019

  • February, 2024

  • Feb 9, 2024

    Date

    Active

    CRMLS: DW24028898

    $2,449,000

    Price

  • November, 2023

  • Nov 1, 2023

    Date

    Expired

    CRMLS: PTP2303678

    $2,499,900

    Price

  • Jul 29, 2023

    Date

    Active

    CRMLS: PTP2303678

    $2,499,900

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this stunning new triplex in Downey! This modern income-producing property with (6.4 Cap Rate) boasts three spacious & beautifully designed units, each offering a perfect blend of contemporary elegance & comfort. With ample natural light flooding in through large windows, the interiors create a warm and inviting atmosphere. Each 3 bedroom 2+ bath unit features an open-concept layout, providing a seamless flow between the living, dining, and kitchen areas, making it perfect for entertaining guests or spending quality time with family. High-end finishes & appliances in the kitchen add a touch of luxury, while the bedrooms provide a serene retreat for relaxation. Additionally, residents can enjoy private outdoor spaces. Conveniently located in a desirable neighborhood, close to amenities, schools, and transportation, this triplex offers an ideal opportunity for both homeowners and investors. Don't miss the chance to make this exceptional triplex your new home or investment property!

  • March, 2023

  • Mar 13, 2023

    Date

    Expired

    CRMLS: DW22254473

    $2,300,000

    Price

  • Dec 12, 2022

    Date

    Active

    CRMLS: DW22254473

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great Downey TRIPLEX. ALL THREE UNITS ARE RENTED OUT! This NEWLY BUILT masterpiece is a stunning new addition to the Downey Community. It is artfully conceived to exemplify exceptional standards across design and amenities. Each Unit promises luxury living, ideal for someone who is looking to generate cash flow. This three-unit property boasts plenty of parking and low-maintenance landscaping. High ceilings and white walls with recess lighting. The first unit features, 1415 Sq Ft with three bedrooms and two baths. The home offers a spacious open floor plan with a stunning kitchen, living room, and dining room. Amenities also include a beautiful kitchen with custom cabinets, quartz counters, laminate floors, recessed lights, a washer and dryer, and beautiful baths with glass showers. The second unit features, 1174 Sq ft of living space along with 3 bedrooms and two bathrooms. The third unit features, 1457 sq feet of living space, with a second floor equipped with laundry amenities that adds convenience to any homeowner. Additional amenities include tankless water heaters, central heat and air, and gold accents throughout the light fixtures. Outside, each unit provides two garage parking spaces that are wired for EV CHARGER. This property is located in the northeast of Downey and benefits from strong links to a range of urban amenities such as local restaurants, shops, and schools and is within minutes of the 5 Freeway. A MUST-SEE!

  • March, 2019

  • Mar 21, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2019

  • Jan 9, 2019

    Date

    Sold

    CRMLS: DW18270803

    $649,999

    Price

  • Dec 20, 2018

    Date

    Pending

    CRMLS: DW18270803

    $649,999

    Price

  • Nov 17, 2018

    Date

    Active Under Contract

    CRMLS: DW18270803

    $649,999

    Price

  • Nov 10, 2018

    Date

    Active

    CRMLS: DW18270803

    $649,999

    Price

  • Listing provided courtesy of CRMLS

    Live in one, rent out the other! Charming 3 bedroom, 2 bath Northwest Downey Pool home plus 400+ sq ft guest house on larger lot with long driveway and detached 2 car garage. Open Concept home has spacious living area, formal dining area, newer hardwood floors throughout, recently remodeled kitchen, bathrooms complete with white quartz counter tops, large master bedroom and covered patio. Home also boasts tons of natural light, dual pane windows, plantation shutters, alarm system, recess lighting, gated pool area, central heating and air. Home is walking distance from Downtown Downey, movies, shopping, transportation and centrally located between freeways (5, 605, 710, 105 freeways). Local schools include Rio Hondo Elementary, Griffiths Middle School and Warren High. Don't miss out on this gem!

  • January, 2019

  • Jan 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 10224 La Reina Ave

Assessed Value (2020): $663,000
Year Land Value Improved Value Assessed Value
2020 $464,100 $198,900 $663,000

Home Value Compared to the Market

This property vs the competition

10224 La Reina Ave is listed 179.89% higher than the median list price for the city of Downey which has a median list price of $875,000. The median price per/sqft for Downey is $539 and this home is listed at $599.95 per/sqft which puts the price per square foot 11.31% higher than the median price per square foot for the city of Downey.

About 10224 La Reina Ave

Detailed summary of property

10224 La Reina Ave is a triplex located in Downey, CA 90241 and is currently for sale. This triplex offers 9 bedrooms, 6 bathrooms, roughly 4,082 living square feet, and sits on an approximately 7,858 square foot lot. 10224 La Reina Ave was first listed on ArdentRealEstateGroup.com on February 10, 2024. The homeowner is currently asking $2,449,000. The median priced home in Downey is $875,000 with a median price per square foot of $539. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 179.89% higher than the median priced home. Local competing homes currently for sale include 3739 Centralia St, 2853 Cincinnati St and 6828 Miramonte Blvd. While the average home in Downey, CA is selling in 50 days, 10224 La Reina Ave has a days on market of 63 days. There are currently 85 homes for sale in the Downey real estate market and 73 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 10224 La Reina Ave Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 10224 La Reina Ave

Public county record property details
Beds
2
Baths
2
Year built
1950
Sq. Ft.
1,482
Lot Size
7,855
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
11
APN
6252-021-011

The source for these homes facts are from public records.

90241 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$895,000
Median List Price/Sq.Ft.
$511
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$585
Total Inventory
34
Median Sale to List Price %
101.75%
Avg Days on Market
15
Loan Type
Conventional (70%), FHA (0%), VA (10%), Cash (20%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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