Search
10520 Myrtle St, Downey, CA 90241
Image 2 for 10520 Myrtle St, Downey, CA 90241
Image 3 for 10520 Myrtle St, Downey, CA 90241
View Photos

10520 Myrtle St Downey, CA 90241

$1,450,000 Sold Price as of 02/29/2024
  • 32 Beds
  • 16 Baths
  • 3,072 Sq.Ft.
Sold
$1,450,000 Sold Price as of 02/29/2024 Refinance Your Mortgage
Map preview of 10520 Myrtle St, Downey, CA 90241

Property Overview: 10520 Myrtle St Downey, CA has 32 bedrooms, 16 bathrooms, 3,072 living square feet and 9,363 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 10520 Myrtle Street in Downey, CA! Featuring 4 units, this spacious multi-family property is a fantastic investment opportunity as a rental property or a great place to call home - live in one unit and rent out the rest! Each spacious unit includes bright and inviting interiors including: 2 bedrooms and 1 bath, and shared garage. Outside, you'll find plenty of space for all units to share in addition to a shared driveway with a couple spots for additional parking. The property also offers off-street parking for convenience. Some units offer yard space - great for a patio or gardening. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 10520 Myrtle Street in Downey. Community, dining, shopping, and entertainment are just minutes away including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your real estate investment portfolio

Listed by Craig White | BRE #01884948 | Sotheby's International Realty
Co-listed by Edward Uriarte | BRE #01102702 | COMPASS
Last checked: 10 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
9,363
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24351443
City
Downey
County
Los Angeles
Time on Site
238 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 8
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $91,360
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 5
  • Gross Scheduled Income: --
  • Net Operating Income: $64,042
  • Gross Operating Income: $85,090
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10520 Myrtle St

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: Community Structure
Property Information
  • Total # of Units: 4
  • Parcel Number: 6251034004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Firesone and Florence Ave, turn south on 7th St, and left on Myrtle.
View more facts & features

Local Downey Agent

Sale History for 10520 Myrtle St

Last leased for $2,750 on September 12th, 2024

  • September, 2024

  • Sep 12, 2024

    Date

    Leased

    CRMLS: DW24148325

    $2,750

    Price

  • Jul 19, 2024

    Date

    Active

    CRMLS: DW24148325

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Indulge in the tranquil privacy of this bright and charming home nestled behind a hedge and a private gate in the lively community of Downey. This beautifully updated home features a tastefully remodeled kitchen with custom cabinetry and new appliances. Discover two well-appointed bedrooms and a newly renovated bathroom with a shower and bathtub down the hallway. The in-unit washer and dryer, stove, and refrigerator complete the modern conveniences. Situated in North Downey, this hidden gem is just a short stroll away from the vibrant Downtown Downey, offering an array of dining, shopping, and entertainment options at your fingertips. Experience the perfect blend of comfort and convenience in this remarkable home. NO Garage is included with the lease. One car assigned parking space.

  • June, 2024

  • Jun 9, 2024

    Date

    Leased

    CRMLS: DW24077407

    $2,650

    Price

  • Apr 18, 2024

    Date

    Active

    CRMLS: DW24077407

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    Nestled behind a hedge and a private gate in the vibrant community of Downey, you will find this charming and bright home available for lease. The house has been thoughtfully updated and features a tastefully remodeled kitchen with custom cabinetry and stainless-steel appliances. As you move down the hallway, you will find two well-appointed bedrooms and a newly renovated bathroom with a shower and bathtub. The home also includes an in-unit washer and dryer and a private backyard. This gem in North Downey is located within walking distance to Downtown Downey, where you can enjoy a variety of dining, shopping, and entertainment options. Everything you need is just around the corner.

  • February, 2024

  • Feb 29, 2024

    Date

    Sold

    CRMLS: P1-16162

    $1,450,000

    Price

  • Jan 11, 2024

    Date

    Active

    CRMLS: P1-16162

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 10520 Myrtle Street in Downey, CA! Featuring 4 units, this spacious multi-family property is a fantastic investment opportunity as a rental property or a great place to call home - live in one unit and rent out the rest! Each spacious unit includes bright and inviting interiors including: 2 bedrooms and 1 bath, and shared garage. Outside, you'll find plenty of space for all units to share in addition to a shared driveway with a couple spots for additional parking. The property also offers off-street parking for convenience. Some units offer yard space - great for a patio or gardening. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 10520 Myrtle Street in Downey. Community, dining, shopping, and entertainment are just minutes away including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your real estate investment portfolio. 🏡

  • February, 2024

  • Feb 29, 2024

    Date

    Sold

    CRMLS: 24351443

    $1,450,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: 24351443

    $1,550,000

    Price

  • November, 2023

  • Nov 17, 2023

    Date

    Expired

    CRMLS: DW23086295

    $1,625,000

    Price

  • May 26, 2023

    Date

    Active

    CRMLS: DW23086295

    $1,625,000

    Price

  • Listing provided courtesy of CRMLS

    Proud to present the Myrtle Street Fourplex located in Prime North Downey walking distance to Downtown Downey, Our Lady of Perpetual Help Catholic School and Church, and countless restaurants/shopping/employment opportunities within 1 mile. The property is comprised of Four (4) Single-Story 2 Bed/1 Bath units in excellent condition with minimal deferred maintenance. Pride of ownership location in the strongest rental market in Southeast Los Angeles. This property is an excellent long-term hold and will cash flow due to the very low expenses, Landlord only pays Water and Trash Utilities. The four units are spread comfortably between two duplex buildings all on one lot. The two front units having attached garages which are shared with between the two tenants in that building, and with two sets of washer and dryer connections inside the garages. There are also two patio areas located in the back of the building for tenant use. Current rents as of July 1st are $1,925, $1,925, $1,840 and $1,925 and tenants are on month-to-month leases. Separately metered for gas and electricity. Do not walk on the property or disturb tenants. Subject to inspection, property tours will only be allowed with an accepted offer only. Must contact listing agent only for more information. Tenants are not aware property is for sale. Anyone that does not follow these directions and bother the tenants will be disqualified.

  • August, 2013

  • Aug 2, 2013

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • November, 2006

  • Nov 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $215,000

    Price

Show More

Tax History for 10520 Myrtle St

Assessed Value (2020): $818,248
Year Land Value Improved Value Assessed Value
2020 $280,221 $538,027 $818,248

Home Value Compared to the Market

This property vs the competition

10520 Myrtle St sold on February 29, 2024 for 73.18% 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 $504.56 per/sqft which puts the price per square foot 13.31% lower than the current median sale per square foot for the city of Downey.

About 10520 Myrtle St

Detailed summary of property

10520 Myrtle St is a multi family that recently sold in Downey, CA 90241. This multi family property offered 32 bedrooms, 16 bathrooms, roughly 3,072 living square feet, and sits on an approximately 9,363 square foot lot. 10520 Myrtle St was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner sold the property for $1,450,000. 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 73.18% higher than the current median priced home. Local homes that are currently for sale include 6140 Orange Ave, 6140 Orange Ave and 1921 E Washington St. While the average home in Downey, CA is selling in 56 days, 10520 Myrtle St has a days on market of 28 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 10520 Myrtle St Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 10520 Myrtle St

Public county record property details
Beds
8
Baths
4
Year built
1953
Sq. Ft.
3,072
Lot Size
9,360
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,5
APN
6251-034-004

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 10520 Myrtle St

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
938 Hendricks Ave, Los Angeles, CA 90022
$1,198,000
7 Beds
7 Baths
3032 Sq.Ft.
938 Hendricks Ave
Los Angeles, CA 90022
1278 Clela Ave, Los Angeles, CA 90022
$1,200,000
26 Beds
9 Baths
3442 Sq.Ft.
1278 Clela Ave
Los Angeles, CA 90022
733 Hoefner Ave, Los Angeles, CA 90022
$1,225,000
7 Beds
5 Baths
3134 Sq.Ft.
733 Hoefner Ave
Los Angeles, CA 90022
5371 Louis Pl, Los Angeles, CA 90022
$1,300,000
100 Beds
50 Baths
3360 Sq.Ft.
5371 Louis Pl
Los Angeles, CA 90022
6554 Hammond Ave, Long Beach, CA 90805
$1,349,000
8 Beds
5 Baths
4016 Sq.Ft.
6554 Hammond Ave
Long Beach, CA 90805
5529 Via Corona St, Los Angeles, CA 90022
$1,499,000
6 Beds
4 Baths
3267 Sq.Ft.
5529 Via Corona St
Los Angeles, CA 90022
8905 Nogal, Whittier, CA 90606
$1,200,000
5 Beds
2 Baths
2050 Sq.Ft.
8905 Nogal
Whittier, CA 90606
381 Amalia Ave, Los Angeles, CA 90022
$1,449,000
8 Beds
6 Baths
3264 Sq.Ft.
381 Amalia Ave
Los Angeles, CA 90022
5919 Woodruff Ave, Lakewood, CA 90713
$1,430,000
9 Beds
5 Baths
4231 Sq.Ft.
5919 Woodruff Ave
Lakewood, CA 90713
945 record Ave, Los Angeles, CA 90023
$1,389,888
8 Beds
4 Baths
3283 Sq.Ft.
945 record Ave
Los Angeles, CA 90023
1212 S Hicks Ave, Los Angeles, CA 90023
$1,495,000
6 Beds
4 Baths
2216 Sq.Ft.
1212 S Hicks Ave
Los Angeles, CA 90023

Recently Sold Homes Near 10520 Myrtle St

10512 Myrtle St, Downey, CA 90241
$1,272,500 Last Sold Price
8 Beds
4 Baths
3204 Sq.Ft.
10512 Myrtle St
Downey, CA 90241
10541 Western Ave, Downey, CA 90241
$890,000 Last Sold Price
4 Beds
3 Baths
1708 Sq.Ft.
10541 Western Ave
Downey, CA 90241
10545 Western Ave, Downey, CA 90241
$745,000 Last Sold Price
4 Beds
2 Baths
1600 Sq.Ft.
10545 Western Ave
Downey, CA 90241
10429 Western Ave, Downey, CA 90241
$925,000 Last Sold Price
8 Beds
2 Baths
1904 Sq.Ft.
10429 Western Ave
Downey, CA 90241

Related Resources to 10520 Myrtle St

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