10633 Western Ave, Downey, CA 90241
Image 2 for 10633 Western Ave, Downey, CA 90241
Image 3 for 10633 Western Ave, Downey, CA 90241
View Photos

10633 Western Ave Downey, CA 90241

$1,540,000 Sold Price as of 08/15/2022
  • 8 Beds
  • 5.75 Baths
  • 3,913 Sq.Ft.
Sold
$1,540,000 Sold Price as of 08/15/2022 Refinance Your Mortgage

Map preview of 10633 Western Ave, Downey, CA 90241

Property Overview: 10633 Western Ave Downey, CA has 8 bedrooms, 5.75 bathrooms, 3,913 living square feet and 7,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic income producing Triplex in a desirable area of NE Downey! The owner has personally taken great pride in keeping this property super clean and in an amazing condition. The property consists of three units with 2 separate buildings. The front unit is a single-family home ground level 3BR/2BA with living room, long hallway leading to dining room and spacious kitchen. Master bedroom with new flooring, walk-in closet, newer master bath with quartz countertop and A/C. The second unit #B is a 2BR/ 1 full bathroom and 1/2 shower. Living room area is upstairs with newer flooring, newer kitchen cabinets, and dishwasher. Big master bedroom with walk-in closet. Unit #C offers 3 BR/2.5 BA with a bonus room that can be used as a 4th BR/office. Living room and Kitchen and half bathroom downstairs, while all Bedrooms are upstairs. Huge master bedroom. Sliding door to backyard with gated patio and lawn area. All 3 units come with their own inside laundry hookups, attached 2 car garage with indoor access. All units are separately metered for electricity and gas. However, unit B & C do share the same water meter. Triplex near five-star Rio Hondo Golf club and close proximity to schools, and freeway access to LA and OC county. This truly is a unique opportunity to live in one unit in a highly coveted location. As an astute investor due to its central location and diversity, it provides an incoming producing asset in a strong rental market in Downey.

Listed by Jennifer Concha | BRE #01867667 | Century 21 Allstars
Last checked: 11 minutes ago | Last updated: August 15th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,276
HOA Dues
$0/mo
Year built
1941
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22071641
City
Downey
County
Los Angeles
Time on Site
891 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,740
  • Net Operating Income: $1,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,800
  • Electric: $88
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $80
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 10633 Western Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Direct Garage Access
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6251035042
  • Year Built Source: Appraiser
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Paramount to 7th Street to Western ave
Neighborhood Information
  • Community Features: Preserve/Public Land
View more facts & features

Local Downey Agent

Loading...

Sale History for 10633 Western Ave

Last sold for $1,540,000 on August 15th, 2022
  • August, 2022

  • Aug 15, 2022

    Date

    Sold

    CRMLS: DW22071641

    $1,540,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: DW22071641

    $1,499,999

    Price

  • July, 2001

  • Jul 5, 2001

    Date

    Sold (Public Records)

    Public Records

    $409,000

    Price

Show More

Tax History for 10633 Western Ave

Assessed Value (2020): $552,463
Year Land Value Improved Value Assessed Value
2020 $213,420 $339,043 $552,463

Home Value Compared to the Market

This property vs the competition

10633 Western Ave sold on August 15, 2022 for 67.6% 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 $383.34 per/sqft which puts the price per square foot 34.13% lower than the current median sale per square foot for the city of Downey.

About 10633 Western Ave

Detailed summary of property

10633 Western Ave is a multi family that recently sold in Downey, CA 90241. This multi family property offered 8 bedrooms, 5.75 bathrooms, roughly 3,913 living square feet, and sits on an approximately 7,276 square foot lot. 10633 Western Ave was first listed on ArdentRealEstateGroup.com on April 12, 2022. The homeowner sold the property for $1,540,000. 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 67.6% higher than the current median priced home. Local homes that are currently for sale include 4851 Faculty Ave, 246 E Hullett St and 4421 Floral Drive. While the average home in Downey, CA is selling in 56 days, 10633 Western Ave has a days on market of 10 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 10633 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 10633 Western Ave

Public county record property details
Beds
8
Baths
7
Year built
1941
Sq. Ft.
3,913
Lot Size
7,299
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6251-035-042

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

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.