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7016 Pellet St, Downey, CA 90241
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7016 Pellet St Downey, CA 90241

$1,425,000
  • 10 Beds
  • 7 Baths
  • 4,353 Sq.Ft.
Pending
$1,425,000 Get Pre-Qualified
Map preview of 7016 Pellet St, Downey, CA 90241

Property Overview: 7016 Pellet St Downey, CA has 10 bedrooms, 7 bathrooms, 4,353 living square feet and 17,193 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Three homes on a 17,188 sq foot lot with 4,353 sq ft of living area in the beautiful City of Downey! All homes are detached and consist of (2) 3/bedrooms 2/Bathrooms with their own yard and (1) 4/bedrooms 4/Bathrooms with its own private back yard! This property is a must see!

Listed by Asuncion Jimenez | BRE #01936033 | Vismar Real Estate
Last checked: 2 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
17,193
HOA Dues
$0/mo
Year built
1989
Garage
6 Car
Property Type:
Triplex
Status
Pending
MLS#
DW24059030
City
Downey
County
Los Angeles
Time on Site
32 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,000
  • Net Operating Income: $68,562
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,435
  • Trash: $2,160
  • Gardener: $1,080
  • Insurance: $3,245
  • Water/Sewer: $1,200

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Property Details for 7016 Pellet St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6229016040
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Old River School Rd & Pellet Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Downey Agent

Sale History for 7016 Pellet St

View property's historical transactions

  • April, 2024

  • Apr 5, 2024

    Date

    Pending

    CRMLS: DW24059030

    $1,425,000

    Price

  • Mar 25, 2024

    Date

    Active

    CRMLS: DW24059030

    $1,425,000

    Price

Tax History for 7016 Pellet St

Assessed Value (2020): $532,544
Year Land Value Improved Value Assessed Value
2020 $63,389 $469,155 $532,544

Home Value Compared to the Market

This property vs the competition

7016 Pellet St is listed 64.12% higher than the median list price for the city of Downey which has a median list price of $868,265. The median price per/sqft for Downey is $541 and this home is listed at $327.36 per/sqft which puts the price per square foot 39.49% lower than the median price per square foot for the city of Downey.

About 7016 Pellet St

Detailed summary of property

7016 Pellet St is a triplex located in Downey, CA 90241 and is currently in escrow to be sold. This triplex offers 10 bedrooms, 7 bathrooms, roughly 4,353 living square feet, and sits on an approximately 17,193 square foot lot. 7016 Pellet St was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $1,425,000. The median priced home in Downey is $868,265 with a median price per square foot of $541. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 64.12% higher than the median priced home. Local competing homes currently for sale include 3641 Lanfranco St, 3680 E 5th St and 1915 Nadeau St. While the average home in Downey, CA is selling in 50 days, 7016 Pellet St has a days on market of 7 days. There are currently 84 homes for sale in the Downey real estate market and 71 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 7016 Pellet St Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 7016 Pellet St

Public county record property details
Beds
9
Baths
8
Year built
1989
Sq. Ft.
4,353
Lot Size
17,188
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
60,61
APN
6229-016-040

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
$879,000
Median List Price/Sq.Ft.
$511
Median Sold Price
$735,000
Median Sold Price/Sq.Ft.
$539
Total Inventory
31
Median Sale to List Price %
105.15%
Avg Days on Market
27
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (33.33%), Other (8.33%)

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Downey Agent
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(714) 706-1823
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Recently Sold Homes Near 7016 Pellet St

7136 Pellet St, Downey, CA 90241
$1,305,000 Last Sold Price
6 Beds
4 Baths
3094 Sq.Ft.
7136 Pellet St
Downey, CA 90241
7155 Dinwiddie St, Downey, CA 90241
$1,075,000 Last Sold Price
6 Beds
5 Baths
3544 Sq.Ft.
7155 Dinwiddie St
Downey, CA 90241
7310 Dinwiddie St, Downey, CA 90241
$700,000 Last Sold Price
2 Beds
2 Baths
2 Sq.Ft.
7310 Dinwiddie St
Downey, CA 90241
7351 Pellet St, Downey, CA 90241
$650,000 Last Sold Price
5 Beds
3 Baths
1144 Sq.Ft.
7351 Pellet St
Downey, CA 90241

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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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