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7234 Benares St, Downey, CA 90241
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7234 Benares St Downey, CA 90241

$815,000 Sold Price as of 10/15/2020
  • 10 Beds
  • 4 Baths
  • 1,668 Sq.Ft.
Sold
$815,000 Sold Price as of 10/15/2020 Refinance Your Mortgage
Map preview of 7234 Benares St, Downey, CA 90241

Property Overview: 7234 Benares St Downey, CA has 10 bedrooms, 4 bathrooms, 1,668 living square feet and 11,081 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET TODAY 8/17/2020 SELLERS READY TO SELL NOW LOCATION LOCATION!!! 2 UNITS located in a very nice neighborhood of Downey. Property profile shows 4bed 2baths Front units 3 bedrooms 1-1/2 baths 4 years tenants month to month, Back unit 2 bedrooms 1 bath has own 2 car garage, patio, yard 6 years tenants month to month lease very good tenants. Pictures are from the back unit PLEASE DO NOT GO DIRECT call me for appointment DO NOT TALK TO TENANTS please DO NOT WALK AROUND THE PROPERTY. All information deemed reliable but not guaranteed. Front unit pictures coming soon.

Listed by Sandra Valencia | BRE #01016409 | Excellence RE Real Estate
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
11,081
HOA Dues
$0/mo
Year built
1942
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW20075064
City
Downey
County
Los Angeles
Time on Site
1385 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,850
  • Total Rent: $3,850
  • Pro Forma/Market Rent: $3,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $43,860
  • Net Operating Income: $40,860
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,400
  • Trash: $600
  • Insurance: $680
  • Water/Sewer: $1,680

Property Details for 7234 Benares St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
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: Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6231016005
  • Year Built Source: Assessor
  • Property is not Attached
  • Is a Senior Community
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: X Old River School Road
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Downey Agent

Sale History for 7234 Benares St

Last sold for $802,500 on December 3rd, 2020

  • December, 2020

  • Dec 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $802,500

    Price

  • October, 2020

  • Oct 20, 2020

    Date

    Sold

    CRMLS: DW20075064

    $815,000

    Price

  • Sep 16, 2020

    Date

    Active Under Contract

    CRMLS: DW20075064

    $815,000

    Price

  • Aug 17, 2020

    Date

    Price Change

    CRMLS: DW20075064

    $815,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: DW20075064

    $799,000

    Price

  • Jun 11, 2020

    Date

    Withdrawn

    CRMLS: DW20075064

    $799,000

    Price

  • Apr 17, 2020

    Date

    Active

    CRMLS: DW20075064

    $799,000

    Price

  • September, 2015

  • Sep 17, 2015

    Date

    Sold (Public Records)

    Public Records

    $605,000

    Price

Show More

Tax History for 7234 Benares St

Assessed Value (2020): $654,870
Year Land Value Improved Value Assessed Value
2020 $324,729 $330,141 $654,870

Home Value Compared to the Market

This property vs the competition

7234 Benares St sold on October 15, 2020 for 1.81% lower than the current median sold price for the city of Downey which is $830,000. The median sold price per/sqft for Downey is $573 and this home is sold at $488.61 per/sqft which puts the price per square foot 14.73% lower than the current median sale per square foot for the city of Downey.

About 7234 Benares St

Detailed summary of property

7234 Benares St is a multi family that recently sold in Downey, CA 90241. This multi family property offered 10 bedrooms, 4 bathrooms, roughly 1,668 living square feet, and sits on an approximately 11,081 square foot lot. 7234 Benares St was first listed on ArdentRealEstateGroup.com on August 17, 2020. The homeowner sold the property for $815,000. Home in Downey are selling for a median price of $830,000 and a median price per square foot of $573. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 1.81% lower than the current median priced home. Local homes that are currently for sale include 4280 Dennison St, 10604 Hickory St and 9534 Grape St. While the average home in Downey, CA is selling in 50 days, 7234 Benares St has a days on market of 69 days. There are currently 86 homes for sale in the Downey real estate market and 74 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 7234 Benares 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 7234 Benares St

Public county record property details
Beds
4
Baths
2
Year built
1942
Sq. Ft.
1,668
Lot Size
11,081
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
6231-016-005

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
$924,900
Median List Price/Sq.Ft.
$528
Median Sold Price
$727,500
Median Sold Price/Sq.Ft.
$545
Total Inventory
43
Median Sale to List Price %
104.09%
Avg Days on Market
76
Loan Type
Conventional (83.33%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)

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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