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10701 La Reina Ave, Downey, CA 90241
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10701 La Reina Ave Downey, CA 90241

$1,680,000 Sold Price as of 12/11/2023
  • 28 Beds
  • 32 Baths
  • 4,597 Sq.Ft.
Sold
$1,680,000 Sold Price as of 12/11/2023 Refinance Your Mortgage
Map preview of 10701 La Reina Ave, Downey, CA 90241

Property Overview: 10701 La Reina Ave Downey, CA has 28 bedrooms, 32 bathrooms, 4,597 living square feet and 8,219 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 10701 La Reina Ave in Downey, CA! This spacious multi-family property is a fantastic investment opportunity or a great place to call home. Featuring 4 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
Last checked: 12 minutes ago | Last updated: December 19th, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
8,219
HOA Dues
$0/mo
Year built
1976
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23333721
City
Downey
County
Los Angeles
Time on Site
302 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 7
  • # of Baths: 8
  • Furnishing: Unfurnished
  • Actual Rent: $1,978
  • Total Rent: $1,978
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.51
  • Gross Scheduled Income: --
  • Net Operating Income: $66,799
  • Gross Operating Income: $94,920
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10701 La Reina Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 6253003017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From Downey Ave, turn N on 6th Street, and left on Le Reina
View more facts & features

Local Downey Agent

Sale History for 10701 La Reina Ave

Last sold for $1,680,000 on December 11th, 2023

  • December, 2023

  • Dec 11, 2023

    Date

    Sold

    CRMLS: 23333721

    $1,680,000

    Price

  • Nov 21, 2023

    Date

    Active

    CRMLS: 23333721

    $1,650,000

    Price

  • December, 2023

  • Dec 11, 2023

    Date

    Sold

    CRMLS: P1-15680

    $1,680,000

    Price

  • Nov 7, 2023

    Date

    Active

    CRMLS: P1-15680

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2014

  • Apr 9, 2014

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

Show More

Tax History for 10701 La Reina Ave

Assessed Value (2020): $1,037,222
Year Land Value Improved Value Assessed Value
2020 $392,311 $644,911 $1,037,222

Home Value Compared to the Market

This property vs the competition

10701 La Reina Ave sold on December 11, 2023 for 84.36% 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 $358.93 per/sqft which puts the price per square foot 38.33% lower than the current median sale per square foot for the city of Downey.

About 10701 La Reina Ave

Detailed summary of property

10701 La Reina Ave is a multi family that recently sold in Downey, CA 90241. This multi family property offered 28 bedrooms, 32 bathrooms, roughly 4,597 living square feet, and sits on an approximately 8,219 square foot lot. 10701 La Reina Ave was first listed on ArdentRealEstateGroup.com on November 22, 2023. The homeowner sold the property for $1,680,000. 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 84.36% higher than the current median priced home. Local homes that are currently for sale include 3555 Siskiyou St, 1136 E Ridgewood St and 1827 E 66th St. While the average home in Downey, CA is selling in 56 days, 10701 La Reina Ave has a days on market of 16 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 10701 La Reina 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 10701 La Reina Ave

Public county record property details
Beds
7
Baths
8
Year built
1976
Sq. Ft.
4,597
Lot Size
8,230
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6253-003-017

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?

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(714) 706-1823

Homes for Sale Near 10701 La Reina Ave

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Recently Sold Homes Near 10701 La Reina Ave

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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.

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