Search
12024 Patton Rd, Downey, CA 90242
Image 2 for 12024 Patton Rd, Downey, CA 90242
Image 3 for 12024 Patton Rd, Downey, CA 90242
View Photos

12024 Patton Rd Downey, CA 90242

$1,430,000 Sold Price as of 07/15/2022
  • 7 Beds
  • 4 Baths
  • 3,360 Sq.Ft.
Sold
$1,430,000 Sold Price as of 07/15/2022 Refinance Your Mortgage
Map preview of 12024 Patton Rd, Downey, CA 90242

Property Overview: 12024 Patton Rd Downey, CA has 7 bedrooms, 4 bathrooms, 3,360 living square feet and 20,341 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful 4 unit apartment complex with upside potential. Each unit features its own single car garage with plenty of additional space for parking. Tenant occupied. Please do not disturb tennants.

Listed by Gregory Engel | BRE #01428024 | Compass
Last checked: 1 minute ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
20,341
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22148347
City
Downey
County
Los Angeles
Time on Site
759 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.6
  • Gross Scheduled Income: --
  • Net Operating Income: $47,700
  • Gross Operating Income: $66,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 12024 Patton Rd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Carpet
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Boat
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 6258012024
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: From 105 freeway get off at Lakewood Blvd heading north. Make a left on Alameda Ave followed by a right onto Patton Rd. Property is on your right approx. 300 meters down the street.
View more facts & features

Local Downey Agent

Sale History for 12024 Patton Rd

Last sold for $1,430,000 on July 15th, 2022

  • July, 2022

  • Jul 15, 2022

    Date

    Sold

    CRMLS: 22148347

    $1,430,000

    Price

  • Apr 20, 2022

    Date

    Active

    CRMLS: 22148347

    $1,200,000

    Price

Tax History for 12024 Patton Rd

Assessed Value (2020): $122,569
Year Land Value Improved Value Assessed Value
2020 $75,298 $47,271 $122,569

Home Value Compared to the Market

This property vs the competition

12024 Patton Rd sold on July 15, 2022 for 31.15% higher than the current median sold price for the city of Downey which is $915,000. The median sold price per/sqft for Downey is $533 and this home is sold at $357.14 per/sqft which puts the price per square foot 32.99% lower than the current median sale per square foot for the city of Downey.

About 12024 Patton Rd

Detailed summary of property

12024 Patton Rd is a multi family that recently sold in Downey, CA 90242. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,360 living square feet, and sits on an approximately 20,341 square foot lot. 12024 Patton Rd was first listed on ArdentRealEstateGroup.com on April 20, 2022. The homeowner sold the property for $1,430,000. Home in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 31.15% higher than the current median priced home. Local homes that are currently for sale include 6340 Pierce Ave, 945 Record Ave and 7718 Bright Ave. While the average home in Downey, CA is selling in 47 days, 12024 Patton Rd has a days on market of 14 days. There are currently 91 homes for sale in the Downey real estate market and 79 of them are single family homes while 5 of them are condos and 7 are townhomes. For more information on this home for sale at 12024 Patton Rd Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 12024 Patton Rd

Public county record property details
Beds
7
Baths
4
Year built
1960
Sq. Ft.
3,360
Lot Size
20,340
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
P
APN
6258-012-024

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$591
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
21
Median Sale to List Price %
98.82%
Avg Days on Market
21
Loan Type
Conventional (37.5%), FHA (37.5%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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

Homes for Sale Near 12024 Patton Rd

Nearby Homes for Sale

8721 Lyndora St, Downey, CA 90242
$1,274,000
8 Beds
4 Baths
3000 Sq.Ft.
8721 Lyndora St
Downey, CA 90242
6554 Hammond Ave, Long Beach, CA 90805
$1,399,000
8 Beds
5 Baths
4016 Sq.Ft.
6554 Hammond Ave
Long Beach, CA 90805
5847 Cherry Ave, Long Beach, CA 90805
$1,400,000
4 Beds
5 Baths
3520 Sq.Ft.
5847 Cherry Ave
Long Beach, CA 90805
4851 Faculty Ave, Long Beach, CA 90808
$1,695,000
5 Beds
5 Baths
2451 Sq.Ft.
4851 Faculty Ave
Long Beach, CA 90808
6136 Easton St, Los Angeles, CA 90022
$1,250,000
6 Beds
6 Baths
2768 Sq.Ft.
6136 Easton St
Los Angeles, CA 90022
309 E Louise St, Long Beach, CA 90805
$1,200,000
4 Beds
4 Baths
2562 Sq.Ft.
309 E Louise St
Long Beach, CA 90805
733 Hoefner Ave, Los Angeles, CA 90022
$1,329,000
7 Beds
5 Baths
3134 Sq.Ft.
733 Hoefner Ave
Los Angeles, CA 90022
13976 Coteau Dr, Whittier, CA 90604
$1,200,000
7 Beds
3 Baths
2316 Sq.Ft.
13976 Coteau Dr
Whittier, CA 90604
Open Today 12pm-2pm
20611 Arline Ave, Lakewood, CA 90715
$1,475,000
6 Beds
4 Baths
2244 Sq.Ft.
20611 Arline Ave
Lakewood, CA 90715
926 S Ford Blvd, Los Angeles, CA 90022
$1,200,000
6 Beds
3 Baths
2808 Sq.Ft.
926 S Ford Blvd
Los Angeles, CA 90022
7020 Schroll St, Lakewood, CA 90713
$1,450,000
4 Beds
4 Baths
2059 Sq.Ft.
7020 Schroll St
Lakewood, CA 90713
381 Amalia Ave, Los Angeles, CA 90022
$1,449,000
8 Beds
6 Baths
3264 Sq.Ft.
381 Amalia Ave
Los Angeles, CA 90022

Recently Sold Homes Near 12024 Patton Rd

12004 Brookshire Ave, Downey, CA 90242
$800,000 Last Sold Price
4 Beds
3 Baths
2586 Sq.Ft.
12004 Brookshire Ave
Downey, CA 90242
8558 Alameda St, Downey, CA 90242
$925,000 Last Sold Price
4 Beds
2 Baths
1782 Sq.Ft.
8558 Alameda St
Downey, CA 90242
8713 Stewart And Gray Rd, Downey, CA 90241
$660,000 Last Sold Price
6 Beds
3 Baths
2053 Sq.Ft.
8713 Stewart And Gray Rd
Downey, CA 90241
8552 Luxor St, Downey, CA 90241
$640,000 Last Sold Price
3 Beds
2 Baths
1275 Sq.Ft.
8552 Luxor St
Downey, CA 90241

Related Resources to 12024 Patton Rd

New Listings in 90242
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