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7351 Pellet St Downey, CA 90241

$650,000 Sold Price as of 05/14/2019

5 Beds
3 Baths
1,144 Sq.Ft.

Sold

$650,000 Sold Price as of 05/14/2019 Refinance Your Mortgage

Map preview of 7351 Pellet St, Downey, CA 90241

Property Overview: 7351 Pellet St Downey, CA has 5 bedrooms, 3 bathrooms, 1,144 living square feet and 12,068 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET!!! Seller just REDUCED the price by $45,000. Subject to cancellation of current escrow. Two SEPARATE houses (2/1 & 1/1 ) on a very LARGE LOT (12,045 SF --55' X 219'). Each unit has it's own garage and it's own yard. Pride of ownership properties--Rear unit updated kitchen & bath, newer roofs. Back yard is, Park-like yard with mature trees (avocado, lemon). DRIVE-BY ONLY--make offer 'subject to' interior inspection--you won't be disappointed! R1 ZONE -- Check with City for information on what could be built.

Listed by Steven Padilla | BRE #00957274 | Century 21 A Better Service

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft: 12,068
HOA Dues: $0/mo
Year built: 1939
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: DW19004505
City: Downey
County: Los Angeles
Time on Site: 1388 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: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $1,900

Unit Breakdown 2

# of Units: --
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $1,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 7351 Pellet St

Interior Features

Laundry Information

Has Laundry
Inside

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: Back Yard, Lot 10000-19999 Sqft, Yard
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 6229011005
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: On Old River School Road and Pellet St

Neighborhood Information

Community Features: Curbs, Sidewalks

View more facts & features

Local Downey Agent

Sale History for 7351 Pellet St

Last sold for $650,000 on May 14th, 2019

May, 2019
May 14, 2019

Date

Sold

CRMLS: DW19004505

$650,000

Price
Mar 27, 2019

Date

Pending

CRMLS: DW19004505

$649,999

Price
Mar 4, 2019

Date

Price Change

CRMLS: DW19004505

$649,999

Price
Mar 4, 2019

Date

Active

CRMLS: DW19004505

$695,000

Price
Feb 1, 2019

Date

Pending

CRMLS: DW19004505

$695,000

Price
Jan 8, 2019

Date

Active

CRMLS: DW19004505

$695,000

Price
May, 2019
May 14, 2019

Date

Sold (Public Records)

Public Records

$650,000

Price
November, 2004
Nov 24, 2004

Date

Sold (Public Records)

Public Records

$525,000

Price

Tax History for 7351 Pellet St

Assessed Value (2020): $663,000

Year	Land Value	Improved Value	Assessed Value
2020	$510,000	$153,000	$663,000

Home Value Compared to the Market

This property vs the competition

7351 Pellet St sold on May 14, 2019 for 28.96% 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 $568.18 per/sqft which puts the price per square foot 6.6% higher than the current median sale per square foot for the city of Downey.

About 7351 Pellet St

Detailed summary of property

7351 Pellet St is a multi family that recently sold in Downey, CA 90241. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,144 living square feet, and sits on an approximately 12,068 square foot lot. 7351 Pellet St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $650,000. 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 28.96% lower than the current median priced home. Local homes that are currently for sale include 1160 S Dacotah St, 1160 S Dacotah St and 1600 E 81st St. While the average home in Downey, CA is selling in 44 days, 7351 Pellet St has a days on market of 50 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 7351 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 7351 Pellet St

Public county record property details

Beds: 3
Baths: 2
Year built: 1939
Sq. Ft.: 1,144
Lot Size: 12,067
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 6229-011-005

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

$879,999

Median List Price/Sq.Ft.

$511

Median Sold Price

$1,220,000

Median Sold Price/Sq.Ft.

$585

Total Inventory

Median Sale to List Price %

101.75%

Avg Days on Market

Loan Type

Conventional (70%), FHA (0%), VA (10%), Cash (20%), Other (0%)

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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.