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8029 Olive Ln, Downey, CA 90241
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8029 Olive Ln Downey, CA 90241

$750,000 Sold Price as of 06/06/2022
  • 4 Beds
  • 4 Baths
  • 1,896 Sq.Ft.
Sold
$750,000 Sold Price as of 06/06/2022 Refinance Your Mortgage
Map preview of 8029 Olive Ln, Downey, CA 90241

Property Overview: 8029 Olive Ln Downey, CA has 4 bedrooms, 4 bathrooms, 1,896 living square feet and 916 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON MARKET! Located in one of the most sought-after new complexes in Downey, this spacious 1,896 SF Centerpointe townhome features a 4 bedroom + 4 bathroom multi-level configuration located just a few minutes away from all major shops, restaurants, and retailers (Walmart, Target, Porto's, Downtown Downey). Built in 2017, the open living area and kitchen is a perfect entertainment room complemented by contemporary fixtures, upgraded finishes, subtle LED lighting, and ample storage. Common area amenities include well-maintained landscaping, dog park, and BBQ area for residents. Low HOA fee and guest parking available. Secure and private, this is a unique opportunity for owners looking for modern living in a rapidly gentrifying market.

Listed by EDWARD WENG | BRE #02007124 | TFS PROPERTIES, INC.
Last checked: 7 minutes ago | Last updated: June 10th, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
916
HOA Dues
$176/mo
Year built
2017
Garage
2 Car
Property Type:
Townhouse
Status
Sold
MLS#
WS22026881
City
Downey
County
Los Angeles
Time on Site
793 days

Property Details for 8029 Olive Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: In Family Room
  • Flooring: Vinyl
  • Bonus Room, Family Room, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Recreation
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
  • Kitchen Island, Pots & Pan Drawers, Quartz Counters, Walk-In Pantry
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Open Floorplan, Pantry, Recessed Lighting, Storage
  • Levels: Three Or More
  • Security Features: Fire and Smoke Detection System
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
  • Has Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: Courtyard
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 6251043018
  • Year Built Source: Public Records
  • Architectural Style: Modern
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Centerpointe Homeowners Association
  • Association Fee: $176 (Monthly)
  • Association Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Rio Hondo
  • Elementary School: RIOHON
  • Middle/Junior High School: Griffiths
  • Middle/Junior High School: GRIFFI
  • High School: Warren
  • High School: WARREN
  • High School District: Downey Unified
Location / Neighborhood
Location Information
  • Directions: Take 5 Fwy; Exit Paramount Blvd; Follow Paramount Blvd to Olive Ln
Neighborhood Information
  • Community Features: Dog Park, Park, Sidewalks, Street Lights
View more facts & features

Local Downey Agent

Sale History for 8029 Olive Ln

Last sold for $750,000 on June 6th, 2022

  • March, 2022

  • Mar 19, 2022

    Date

    Hold

    CRMLS: WS22026881

    $699,000

    Price

  • Mar 8, 2022

    Date

    Coming Soon

    CRMLS: WS22026881

    $699,000

    Price

  • November, 2017

  • Nov 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $567,000

    Price

Show More

Tax History for 8029 Olive Ln

Assessed Value (2020): $589,906
Year Land Value Improved Value Assessed Value
2020 $280,908 $308,998 $589,906

Home Value Compared to the Market

This property vs the competition

8029 Olive Ln sold on June 6, 2022 for 23.61% 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 $368.67 per/sqft which puts the price per square foot 30.83% lower than the current median sale per square foot for the city of Downey.

About 8029 Olive Ln

Detailed summary of property

8029 Olive Ln is a townhouse that recently sold in Downey, CA 90241. This townhouse offered 4 bedrooms, 4 bathrooms, roughly 1,896 living square feet, and sits on an approximately 916 square foot lot. 8029 Olive Ln was first listed on ArdentRealEstateGroup.com on March 8, 2022. The homeowner sold the property for $750,000. 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 23.61% lower than the current median priced home. Local homes that are currently for sale include 9333 Elm Vista Dr #1, 7165 De Palma St and 11918 Heritage Circle. This home does have a Homeowners Association and the monthly fee is $176 per month. While the average home in Downey, CA is selling in 44 days, 8029 Olive Ln has a days on market of 31 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 8029 Olive Ln Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8029 Olive Ln

Public county record property details
Beds
4
Baths
4
Year built
2017
Sq. Ft.
1,896
Lot Size
915
Stories
1
Type
Planned Unit Development (Pud) (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
6251-043-018

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
$899,900
Median List Price/Sq.Ft.
$528
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$585
Total Inventory
38
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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Thinking of Selling?
Call, Text or Message
(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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