Search
10505 Downey Ave, Downey, CA 90241
Image 2 for 10505 Downey Ave, Downey, CA 90241
Image 3 for 10505 Downey Ave, Downey, CA 90241
View Photos

10505 Downey Ave Downey, CA 90241

$1,899,000 Sold Price as of 11/16/2021
  • 10 Beds
  • 5 Baths
  • 6,560 Sq.Ft.
Sold
$1,899,000 Sold Price as of 11/16/2021 Refinance Your Mortgage
Map preview of 10505 Downey Ave, Downey, CA 90241

Property Overview: 10505 Downey Ave Downey, CA has 10 bedrooms, 5 bathrooms, 6,560 living square feet and 8,103 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 10505 Downey Ave is a 4-unit Multifamily investment opportunity located near the major thoroughfare of Downey Ave & 7th Street and walking distance to Downey's top attractions, nightlife and restaurants. All units are townhome style with private patios, washer/dryer hook-ups. 10505 Downey Ave is one of the largest fourplexes in Downey at 6,560 SF.

Listed by Daniel Blackwell | BRE #01854961 | CB Richard Ellis, Inc.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 121

Home details

Lot Sq. Ft
8,103
HOA Dues
$0/mo
Year built
1966
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
21746042
City
Downey
County
Los Angeles
Time on Site
1199 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,167
  • Total Rent: $4,334
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,525
  • Total Rent: $2,525
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.26
  • Gross Scheduled Income: --
  • Net Operating Income: $75,859
  • Gross Operating Income: $112,431
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10505 Downey Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Carport, Garage, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 6252025009
Location / Neighborhood
Location Information
  • Directions: From I-5 N, Exit toward E Florence Ave, Continue on E Florence Ave to Downey Ave, Turn left onto Downey Ave, Property will be on the right
View more facts & features

Local Downey Agent

Sale History for 10505 Downey Ave

Last sold for $1,899,000 on November 16th, 2021

  • June, 2021

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21746042

    $2,000,000

    Price

  • September, 2016

  • Sep 29, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

  • March, 2000

  • Mar 15, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10505 Downey Ave

Assessed Value (2020): $1,299,978
Year Land Value Improved Value Assessed Value
2020 $519,991 $779,987 $1,299,978

Home Value Compared to the Market

This property vs the competition

10505 Downey Ave sold on November 16, 2021 for 123.46% 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 $304.88 per/sqft which puts the price per square foot 47.62% lower than the current median sale per square foot for the city of Downey.

About 10505 Downey Ave

Detailed summary of property

10505 Downey Ave is a multi family that recently sold in Downey, CA 90241. This multi family property offered 10 bedrooms, 5 bathrooms, roughly 6,560 living square feet, and sits on an approximately 8,103 square foot lot. 10505 Downey Ave was first listed on ArdentRealEstateGroup.com on June 8, 2021. The homeowner sold the property for $1,899,000. 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 123.46% higher than the current median priced home. Local homes that are currently for sale include 2437 Houston St, 5150 Ithaca Ave and 735 E 82nd St. While the average home in Downey, CA is selling in 56 days, 10505 Downey Ave has a days on market of 121 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 10505 Downey 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 10505 Downey Ave

Public county record property details
Beds
11
Baths
8
Year built
1966
Sq. Ft.
6,560
Lot Size
8,103
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
6252-025-009

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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 10505 Downey Ave

Nearby Homes for Sale

8555 Fontana St, Downey, CA 90241
$1,590,000
10 Beds
6 Baths
3526 Sq.Ft.
8555 Fontana St
Downey, CA 90241
12642 Kalnor Ave, Norwalk, CA 90650
$2,240,000
20 Beds
10 Baths
6190 Sq.Ft.
12642 Kalnor Ave
Norwalk, CA 90650
930 Fraser Ave, Los Angeles, CA 90022
$1,750,000
2 Beds
18 Baths
4631 Sq.Ft.
930 Fraser Ave
Los Angeles, CA 90022
12429 Lambert Rd, Whittier, CA 90606
$1,950,000
10 Beds
6 Baths
4810 Sq.Ft.
12429 Lambert Rd
Whittier, CA 90606
7624 Milton Ave, Whittier, CA 90602
$1,750,000
12 Beds
8 Baths
5374 Sq.Ft.
7624 Milton Ave
Whittier, CA 90602
10610 Weigand Ave, Los Angeles, CA 90002
$1,789,000
9 Beds
8 Baths
10275 Sq.Ft.
10610 Weigand Ave
Los Angeles, CA 90002
4851 Faculty Ave, Long Beach, CA 90808
$1,675,000
5 Beds
5 Baths
2451 Sq.Ft.
4851 Faculty Ave
Long Beach, CA 90808
3555 Siskiyou St, Los Angeles, CA 90023
$1,849,000
14 Beds
7 Baths
2645 Sq.Ft.
3555 Siskiyou St
Los Angeles, CA 90023
3313 Folsom St, Los Angeles, CA 90063
$1,750,000
12 Beds
8 Baths
3772 Sq.Ft.
3313 Folsom St
Los Angeles, CA 90063
11342 215th St, Lakewood, CA 90715
$2,150,000
9 Beds
3 Baths
3125 Sq.Ft.
11342 215th St
Lakewood, CA 90715
8708 S Central Ave, Los Angeles, CA 90002
$1,598,500
9 Beds
9 Baths
4894 Sq.Ft.
8708 S Central Ave
Los Angeles, CA 90002
8704 S Central Ave, Los Angeles, CA 90002
$1,598,500
10 Beds
10 Baths
4894 Sq.Ft.
8704 S Central Ave
Los Angeles, CA 90002

Recently Sold Homes Near 10505 Downey Ave

10508 Downey Ave, Downey, CA 90241
$895,000 Last Sold Price
4 Beds
2 Baths
1662 Sq.Ft.
10508 Downey Ave
Downey, CA 90241
10502 La Reina Ave, Downey, CA 90241
$1,600,000 Last Sold Price
10 Beds
5 Baths
5756 Sq.Ft.
10502 La Reina Ave
Downey, CA 90241
10608 Downey Ave, Downey, CA 90241
$775,000 Last Sold Price
4 Beds
2 Baths
1662 Sq.Ft.
10608 Downey Ave
Downey, CA 90241
10436 Western Ave, Downey, CA 90241
$620,000 Last Sold Price
2 Beds
2 Baths
981 Sq.Ft.
10436 Western Ave
Downey, CA 90241

Related Resources to 10505 Downey Ave

New Listings in 90241
Popular Zip Codes
Popular Cities
Other Downey Resources

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.

Refi Quote