10429 Western Ave, Downey, CA 90241
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10429 Western Ave Downey, CA 90241

$925,000 Sold Price as of 02/13/2024
  • 8 Beds
  • 2 Baths
  • 1,904 Sq.Ft.
Sold
$925,000 Sold Price as of 02/13/2024 Refinance Your Mortgage

Map preview of 10429 Western Ave, Downey, CA 90241

Property Overview: 10429 Western Ave Downey, CA has 8 bedrooms, 2 bathrooms, 1,904 living square feet and 7,764 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 10429 Western Ave in Downey, CA! This spacious multi-family property is a fantastic investment opportunity or a great place to call home. Featuring 2 units, this home/investment provides plenty of space for a large or extended family. The interior of each unit is bright and inviting, with ample size windows that let in an abundance of natural light. Outside, you'll find plenty of space for all units to share. The property also offers off-street parking for convenience. Located in the desirable city of Downey, this home/investment is close to shopping, dining, and entertainment options. With easy access to major highways, commuting to other parts of the city is a breeze. Don't miss out on the opportunity to own this spacious multi-family property to start your investment real estate portfolio.

Listed by Craig White | BRE #01884948 | Sotheby's International Realty
Co-listed by Edward Uriarte | BRE #01102702 | COMPASS
Last checked: 6 minutes ago | Last updated: February 16th, 2024 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
7,764
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23333735
City
Downey
County
Los Angeles
Time on Site
303 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,035
  • Total Rent: $2,035
  • Pro Forma/Market Rent: $2,035
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.45
  • Gross Scheduled Income: --
  • Net Operating Income: $32,693
  • Gross Operating Income: $48,840
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10429 Western Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 2
  • Parcel Number: 6251041003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Downey Ave and Paramont Blvd, off Western Ave
View more facts & features

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Sale History for 10429 Western Ave

Last sold for $925,000 on February 13th, 2024
  • February, 2024

  • Feb 13, 2024

    Date

    Sold

    CRMLS: P1-15678

    $925,000

    Price

  • Nov 7, 2023

    Date

    Active

    CRMLS: P1-15678

    $950,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2024

  • Feb 13, 2024

    Date

    Sold

    CRMLS: 23333735

    $925,000

    Price

  • Nov 20, 2023

    Date

    Active

    CRMLS: 23333735

    $950,000

    Price

  • July, 2018

  • Jul 12, 2018

    Date

    Sold

    CRMLS: PW18129906

    $700,000

    Price

  • Jun 14, 2018

    Date

    Pending

    CRMLS: PW18129906

    $699,899

    Price

  • Jun 1, 2018

    Date

    Active

    CRMLS: PW18129906

    $699,899

    Price

  • Listing provided courtesy of CRMLS

    Great neighborhood, two houses on a lot, no common walls with one 2 car garage, Each have nice size front yard area, near schools, shopping and 5/605 freeways. New exterior paint, termite completion done. This is a MUST SEE!!

  • July, 2018

  • Jul 10, 2018

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

  • March, 2018

  • Mar 15, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10429 Western Ave

Assessed Value (2020): $703,800
Year Land Value Improved Value Assessed Value
2020 $422,280 $281,520 $703,800

Home Value Compared to the Market

This property vs the competition

10429 Western Ave sold on February 13, 2024 for 6.15% higher than the current median sold price for the city of Downey which is $895,000. The median sold price per/sqft for Downey is $582 and this home is sold at $498.95 per/sqft which puts the price per square foot 14.27% lower than the current median sale per square foot for the city of Downey.

About 10429 Western Ave

Detailed summary of property

10429 Western Ave is a multi family that recently sold in Downey, CA 90241. This multi family property offered 8 bedrooms, 2 bathrooms, roughly 1,904 living square feet, and sits on an approximately 7,764 square foot lot. 10429 Western Ave was first listed on ArdentRealEstateGroup.com on November 21, 2023. The homeowner sold the property for $925,000. Home in Downey are selling for a median price of $895,000 and a median price per square foot of $582. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 6.15% higher than the current median priced home. Local homes that are currently for sale include 1428 E 59th St, 4524 Hammel St and 1725 E 55th St. While the average home in Downey, CA is selling in 56 days, 10429 Western Ave has a days on market of 38 days. There are currently 98 homes for sale in the Downey real estate market and 83 of them are single family homes while 12 of them are condos and 3 are townhomes. For more information on this home for sale at 10429 Western 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 10429 Western Ave

Public county record property details
Beds
4
Baths
2
Year built
1957
Sq. Ft.
1,904
Lot Size
7,762
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
6251-041-003

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
$909,900
Median List Price/Sq.Ft.
$558
Median Sold Price
$987,000
Median Sold Price/Sq.Ft.
$536
Total Inventory
43
Median Sale to List Price %
100.82%
Avg Days on Market
42
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (33.33%), Other (8.33%)

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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.