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12637 Columbia Way, Downey, CA 90242
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12637 Columbia Way Downey, CA 90242

$999,000 Sold Price as of 02/08/2024
  • 4 Beds
  • 4 Baths
  • 2,199 Sq.Ft.
Sold
$999,000 Sold Price as of 02/08/2024 Refinance Your Mortgage
Map preview of 12637 Columbia Way, Downey, CA 90242

Property Overview: 12637 Columbia Way Downey, CA has 4 bedrooms, 4 bathrooms, 2,199 living square feet and 6,551 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** UPDATE - ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW *** An exceptional investment opportunity is now available in the heart of Southern California for an owner-user or investor. Welcome to 12637 Columbia Way, a well-manicured triplex in great condition in the highly desirable community of Downey, situated on a 6,550+ sq ft lot with over 2,100 sq ft of living space. This property consists of 4 bedrooms and 4 bathrooms, 2 units feature 1 bedroom and 1 bathroom and the 3rd unit offers a spacious 2 bedroom 2 bathroom with a lovely patio area accessible through the living room and kitchen, this unit has direct access to an attached garage with washer & dryer hook ups. A second garage is shared by the other 2 units. All units have kitchen doors exiting to the outside, allowing access to the rear walkway which leads to the garages. This prime location is close to major transportation corridors, bus routes, schools, shopping, dining, and other commercial establishments.

Listed by Thomas Phillips | BRE #01787705 | Thomas Lyndon Phillips, Broker
Co-listed by Carolina Macias | BRE #02164693 | Residian Property Group
Last checked: 4 minutes ago | Last updated: February 8th, 2024 | Source CRMLS | DOM: 170

Home details

Lot Sq. Ft
6,551
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
P1-14306
City
Downey
County
Los Angeles
Time on Site
302 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,020
  • Total Rent: $1,020
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,840
  • Net Operating Income: $22,340
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 12637 Columbia Way

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
  • Kitchen
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Storage, Ceramic Counters, Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Fence
  • None
  • 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: 3
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6256013017
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other
  • Other Subdivision Name: Rancho Santa Gertrudes
  • Directions: West on Imperial Hwy, South on Columbia Way
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Suburban, Street Lights, Park
View more facts & features

Local Downey Agent

Sale History for 12637 Columbia Way

Last sold for $999,000 on February 8th, 2024

  • February, 2024

  • Feb 8, 2024

    Date

    Sold

    CRMLS: P1-14306

    $999,000

    Price

  • Jul 11, 2023

    Date

    Active

    CRMLS: P1-14306

    $1,100,000

    Price

Tax History for 12637 Columbia Way

Assessed Value (2020): $97,681
Year Land Value Improved Value Assessed Value
2020 $40,765 $56,916 $97,681

Home Value Compared to the Market

This property vs the competition

12637 Columbia Way sold on February 8, 2024 for 9.18% 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 $454.3 per/sqft which puts the price per square foot 14.77% lower than the current median sale per square foot for the city of Downey.

About 12637 Columbia Way

Detailed summary of property

12637 Columbia Way is a multi family that recently sold in Downey, CA 90242. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,199 living square feet, and sits on an approximately 6,551 square foot lot. 12637 Columbia Way was first listed on ArdentRealEstateGroup.com on July 11, 2023. The homeowner sold the property for $999,000. 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 9.18% higher than the current median priced home. Local homes that are currently for sale include 1226 S Kern Ave, 6236 Gretna Ave and 9311 Bandera. While the average home in Downey, CA is selling in 48 days, 12637 Columbia Way has a days on market of 170 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 12637 Columbia Way Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 12637 Columbia Way

Public county record property details
Beds
4
Baths
3
Year built
1959
Sq. Ft.
2,199
Lot Size
6,551
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
145
APN
6256-013-017

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%)

Thinking of Selling?

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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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