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12040 Dolan Ave, Downey, CA 90242
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12040 Dolan Ave Downey, CA 90242

$1,150,000 Sold Price as of 08/22/2019
  • 8 Beds
  • 4 Baths
  • 3,905 Sq.Ft.
Sold
$1,150,000 Sold Price as of 08/22/2019 Refinance Your Mortgage
Map preview of 12040 Dolan Ave, Downey, CA 90242

Property Overview: 12040 Dolan Ave Downey, CA has 8 bedrooms, 4 bathrooms, 3,905 living square feet and 17,826 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tri-Plex On a oversized lot almost 18,000 square feet with almost 4,000 square feet of living space!! Must see!! Property located on a Private street cul-de-sac for added privacy. Perfect opportunity to live in one unit and rent the other two. Three separate homes, Unit 1- front house is a 2bed 1bath, laundry hookups inside, long side driveway for own parking space, front yard plus private enclosed back yard, Unit 2- Middle home is a 2bed 1bath, laundry hookups in garage, attached 2 car garage, enclosed private back yard, Unit 3- Owners home has 2beds 2baths with 2 bonus rooms used as a 4 bedroom home or can be used as a den or office, laundry room, attached 2 car garage. All units have newer roofs, some tile floors and granite counters. Also a Great property for an Investor looking to add to their portfolio. Sellers Motivated!!

Listed by Valerie Maldonado | BRE #01345927 | Keller Williams Coastal Proper
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
17,826
HOA Dues
$0/mo
Year built
1954
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
DW19163828
City
Downey
County
Los Angeles
Time on Site
1397 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $800
  • Gas/Fuel: $0
  • New Taxes: $14,375
  • Trash: $960
  • Insurance: $1,500
  • Water/Sewer: $1,200

Property Details for 12040 Dolan Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage, In Kitchen, Inside
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 11
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6258008012
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West Downey Ave/ South Stewart & Grey
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Downey Agent

Sale History for 12040 Dolan Ave

Last sold for $1,150,000 on August 22nd, 2019

  • August, 2019

  • Aug 22, 2019

    Date

    Sold

    CRMLS: DW19163828

    $1,150,000

    Price

  • Jul 24, 2019

    Date

    Pending

    CRMLS: DW19163828

    $1,150,000

    Price

  • Jul 11, 2019

    Date

    Active

    CRMLS: DW19163828

    $1,150,000

    Price

  • August, 2019

  • Aug 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • December, 2017

  • Dec 16, 2017

    Date

    Expired

    CRMLS: DW16753485

    $1,000,000

    Price

  • Dec 8, 2017

    Date

    Withdrawn

    CRMLS: DW16753485

    $1,000,000

    Price

  • Nov 16, 2017

    Date

    Hold

    CRMLS: DW16753485

    $1,000,000

    Price

  • Nov 7, 2017

    Date

    Price Change

    CRMLS: DW16753485

    $1,000,000

    Price

  • Nov 7, 2017

    Date

    Price Change

    CRMLS: DW16753485

    $10,000,000

    Price

  • Jul 18, 2017

    Date

    Active

    CRMLS: DW16753485

    $1,100,000

    Price

  • Jul 4, 2017

    Date

    Pending

    CRMLS: DW16753485

    $1,100,000

    Price

  • Jun 29, 2017

    Date

    Hold

    CRMLS: DW16753485

    $1,100,000

    Price

  • Jun 19, 2017

    Date

    Active

    CRMLS: DW16753485

    $1,100,000

    Price

  • Jun 1, 2017

    Date

    Pending

    CRMLS: DW16753485

    $1,100,000

    Price

  • Nov 28, 2016

    Date

    Active

    CRMLS: DW16753485

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity to own three separate homes on one lot on a quiet culdesaq for added privacy, located in the beautiful city of Downey. This tri-plex is on a spacious lot of almost 18,000 sq ft! All three units have newer roof, some tile and granite counters, recessed lighting and tile floors. They also have their own parking, backyards and space for each tenant. This is a perfect opportunity to live in one unit and rent the other two. Also great for the savvy investor looking for rental income. This tri-plex has one 2 bed/2 bath with a 2 car garage, one 2 bed/1 bath with a carport and one 2 bed/2 bath with a 2 car garage (rear unit) that includes two bonus rooms that can be used as 3rd and 4th bedrooms, offices or den. This property is situated on a huge lot, with almost 4,000 square feet of living space in total, plus two 2-car garages and plenty of parking. All 3 units have their personal backyards as well. Don't miss out on this fantastic opportunity!

  • October, 2016

  • Oct 24, 2016

    Date

    Expired

    CRMLS: DW16136460

    $1,200,000

    Price

  • Jun 23, 2016

    Date

    Price Change

    CRMLS: DW16136460

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Triplex in the heart of Downey ! This Triplex features yard space for each unit as it sits on an immense and almost 18,000 square foot lot ! Must see, excellent to add to your portfolio and/or perfect for an owner-occupier. Live in one and rent the other two !

  • February, 2003

  • Feb 5, 2003

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

Show More

Tax History for 12040 Dolan Ave

Assessed Value (2020): $1,150,000
Year Land Value Improved Value Assessed Value
2020 $750,000 $400,000 $1,150,000

Home Value Compared to the Market

This property vs the competition

12040 Dolan Ave sold on August 22, 2019 for 25.68% 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 $294.49 per/sqft which puts the price per square foot 44.75% lower than the current median sale per square foot for the city of Downey.

About 12040 Dolan Ave

Detailed summary of property

12040 Dolan Ave is a triplex that recently sold in Downey, CA 90242. This triplex offered 8 bedrooms, 4 bathrooms, roughly 3,905 living square feet, and sits on an approximately 17,826 square foot lot. 12040 Dolan Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,150,000. 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 25.68% higher than the current median priced home. Local homes that are currently for sale include 5406-5408 Via Corona St, 759 S Ford Blvd and 1050 S Bonnie Beach Pl. While the average home in Downey, CA is selling in 47 days, 12040 Dolan Ave has a days on market of 7 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 12040 Dolan Ave Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 12040 Dolan Ave

Public county record property details
Beds
6
Baths
4
Year built
1954
Sq. Ft.
3,905
Lot Size
17,825
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6258-008-012

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%)

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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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