12512 Rose Ave, Downey, CA 90242
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12512 Rose Ave Downey, CA 90242

$610,000 Sold Price as of 01/17/2024
  • 2 Beds
  • 2 Baths
  • 1,000 Sq.Ft.
Sold
$610,000 Sold Price as of 01/17/2024 Refinance Your Mortgage

Map preview of 12512 Rose Ave, Downey, CA 90242

Property Overview: 12512 Rose Ave Downey, CA has 2 bedrooms, 2 bathrooms, 1,000 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this charming duplex in the city of Downey. This fantastic investment opportunity features two units, each offering one bedroom each. Two single detached garages, plenty of parking space. This property is centrally located near Discovery Sports Complex, shops, restaurants, highways and public transportation.

Listed by Michael Pagan | BRE #02012719 | Berkshire Hathaway H.S.C.P.
Last checked: 8 minutes ago | Last updated: January 17th, 2024 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1960
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
DW23169479
City
Downey
County
Los Angeles
Time on Site
231 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,144
  • Total Rent: $1,144
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $33,528
  • Net Operating Income: $29,739
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,789
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $600
  • Gardener: $1,092
  • Insurance: $837
  • Water/Sewer: $360

Property Details for 12512 Rose Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 6256007005
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: south on lakewood, pass Stewart and Gray, make a left on Rose Avenue
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Downey Agent

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Sale History for 12512 Rose Ave

Last sold for $610,000 on January 17th, 2024
  • January, 2024

  • Jan 17, 2024

    Date

    Sold

    CRMLS: DW23169479

    $610,000

    Price

  • Sep 19, 2023

    Date

    Active

    CRMLS: DW23169479

    $699,000

    Price

Tax History for 12512 Rose Ave

Assessed Value (2020): $111,789
Year Land Value Improved Value Assessed Value
2020 $64,178 $47,611 $111,789

Home Value Compared to the Market

This property vs the competition

12512 Rose Ave sold on January 17, 2024 for 23.61% lower 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 $699 per/sqft which puts the price per square foot 31.14% higher than the current median sale per square foot for the city of Downey.

About 12512 Rose Ave

Detailed summary of property

12512 Rose Ave is a duplex that recently sold in Downey, CA 90242. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,000 living square feet, and sits on an approximately 5,000 square foot lot. 12512 Rose Ave was first listed on ArdentRealEstateGroup.com on September 19, 2023. The homeowner sold the property for $610,000. 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 23.61% lower than the current median priced home. Local homes that are currently for sale include 120 S Sunol Dr, 752 E Lanzit Ave and 4775 Hammel St. While the average home in Downey, CA is selling in 48 days, 12512 Rose Ave has a days on market of 93 days. There are currently 87 homes for sale in the Downey real estate market and 74 of them are single family homes while 6 of them are condos and 7 are townhomes. For more information on this home for sale at 12512 Rose 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 12512 Rose Ave

Public county record property details
Beds
2
Baths
2
Year built
1960
Sq. Ft.
1,000
Lot Size
5,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
6256-007-005

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
$825,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$830,000
Median Sold Price/Sq.Ft.
$501
Total Inventory
22
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.