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7136 Pellet St, Downey, CA 90241
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7136 Pellet St Downey, CA 90241

$1,305,000 Sold Price as of 11/29/2021
  • 6 Beds
  • 4 Baths
  • 3,094 Sq.Ft.
Sold
$1,305,000 Sold Price as of 11/29/2021 Refinance Your Mortgage
Map preview of 7136 Pellet St, Downey, CA 90241

Property Overview: 7136 Pellet St Downey, CA has 6 bedrooms, 4 bathrooms, 3,094 living square feet and 11,990 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INCREDIBLE OPPOURTUNITY – Two home property located in the finest part of Downey on over a 1/4 acre parcel. The front home consists of 3 bedrooms, 2 bathrooms and is approximately 1,650 SF. A unique mother-in-law addition with fireplace exists on the backside of the home. Perfect for a lock-out/granny flat or for someone wanting a larger bedroom or second living room. A two-car private garage is associated with the front home. The rear home consists of 3 bedrooms, 2 bathrooms, and is approximately 1,400 SF. The rear home has it’s own detached two car garage which could be easily converted into an ADU (additional dwelling unit). City provided information stating at least one more ADU could be added to this property providing a possible three home + property. Perfect for someone wanting to live in one home while renting the others to offset costs, for multi-generational purposes, or for investment purposes providing endless potential. Property is located near five star Rio Hondo Golf Club as well as five star Furman and Bell Gardens Park while being centrally located to wonderful schools and easy freeway access.

Listed by Kameron Brown | BRE #02021705 | Pacific Sotheby's Int'l Realty
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
11,990
HOA Dues
$0/mo
Year built
1969
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21241749
City
Downey
County
Los Angeles
Time on Site
916 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $72,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,000
  • Trash: $0
  • Insurance: $1,800
  • Water/Sewer: $0

Virtual Tour

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Property Details for 7136 Pellet St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Wood Burning
Room Information
  • Flooring: Concrete, Tile
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
  • Other Structures: Guest House Detached, Second Garage Detached
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Covered, Driveway - Combination, Concrete, Paved, Driveway Level, Garage, On Site, Oversized, Parking Space, Pull-through, RV Access/Parking, RV Potential
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: 2
  • Parcel Number: 6229017026
  • Year Built Source: Assessor
  • Architectural Style: Cottage, Mid Century Modern, Traditional
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey
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: 7136 Pellet St, Downey
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Downey Agent

Sale History for 7136 Pellet St

Last sold for $1,305,000 on November 29th, 2021

  • November, 2021

  • Nov 29, 2021

    Date

    Sold

    CRMLS: OC21239698

    $1,305,000

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: OC21239698

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2021

  • Nov 9, 2021

    Date

    Hold

    CRMLS: OC21241749

    $1,199,000

    Price

  • Nov 3, 2021

    Date

    Active

    CRMLS: OC21241749

    $1,199,000

    Price

  • April, 2013

  • Apr 29, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7136 Pellet St

Assessed Value (2020): $658,694
Year Land Value Improved Value Assessed Value
2020 $371,571 $287,123 $658,694

Home Value Compared to the Market

This property vs the competition

7136 Pellet St sold on November 29, 2021 for 31.04% 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 $387.52 per/sqft which puts the price per square foot 27.29% lower than the current median sale per square foot for the city of Downey.

About 7136 Pellet St

Detailed summary of property

7136 Pellet St is a multi family that recently sold in Downey, CA 90241. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,094 living square feet, and sits on an approximately 11,990 square foot lot. 7136 Pellet St was first listed on ArdentRealEstateGroup.com on November 4, 2021. The homeowner sold the property for $1,305,000. 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 31.04% higher than the current median priced home. Local homes that are currently for sale include 3512 E 7th St, 3641 Lanfranco St and 3680 E 5th St. While the average home in Downey, CA is selling in 44 days, 7136 Pellet St has a days on market of 6 days. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. For more information on this home for sale at 7136 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 7136 Pellet St

Public county record property details
Beds
4
Baths
4
Year built
1969
Sq. Ft.
3,094
Lot Size
11,989
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
75
APN
6229-017-026

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
$879,999
Median List Price/Sq.Ft.
$511
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$585
Total Inventory
36
Median Sale to List Price %
101.75%
Avg Days on Market
15
Loan Type
Conventional (70%), FHA (0%), VA (10%), Cash (20%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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