10624 Downey Ave, Downey, CA 90241
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10624 Downey Ave Downey, CA 90241

$990,000
  • 4 Beds
  • 0 Baths
  • 2,081 Sq.Ft.
For Sale
$990,000 Get Pre-Qualified

Map preview of 10624 Downey Ave, Downey, CA 90241

Property Overview: 10624 Downey Ave Downey, CA has 4 bedrooms, -- bathrooms, 2,081 living square feet and 7,948 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: Rare find, 2 separate units in North East Downey, lots of parking in between units two on a lot.

Listed by Tony Salazar | BRE #01179492 | AMC Realty
Last checked: 9 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 107

Home details

Lot Sq. Ft
7,948
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
RS24111937
City
Downey
County
Los Angeles
Time on Site
107 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $38,400
  • Net Operating Income: $220
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $220
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $900
  • Insurance: $1,750
  • Water/Sewer: $0

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Property Details for 10624 Downey Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6253012012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Firestone East of Paramount Blvd
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 10624 Downey Ave

View property's historical transactions
  • June, 2024

  • Jun 2, 2024

    Date

    Active

    CRMLS: RS24111937

    $990,000

    Price

Tax History for 10624 Downey Ave

Assessed Value (2020): $332,870
Year Land Value Improved Value Assessed Value
2020 $253,626 $79,244 $332,870

Home Value Compared to the Market

This property vs the competition

10624 Downey Ave is listed 6.45% higher than the median list price for the city of Downey which has a median list price of $930,000. The median price per/sqft for Downey is $549 and this home is listed at $475.73 per/sqft which puts the price per square foot 13.35% lower than the median price per square foot for the city of Downey.

About 10624 Downey Ave

Detailed summary of property

10624 Downey Ave is a duplex located in Downey, CA 90241 and is currently for sale. This duplex offers 4 bedrooms, -- bathrooms, roughly 2,081 living square feet, and sits on an approximately 7,948 square foot lot. 10624 Downey Ave was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $990,000. The median priced home in Downey is $930,000 with a median price per square foot of $549. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 6.45% higher than the median priced home. Local competing homes currently for sale include 11607 Fidel Ave, 11307 Laurel Ave and 5406-5408 E Via Corona St. While the average home in Downey, CA is selling in 56 days, 10624 Downey Ave has a days on market of 107 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 10624 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 10624 Downey Ave

Public county record property details
Beds
3
Baths
3
Year built
1937
Sq. Ft.
2,081
Lot Size
7,945
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6253-012-012

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.