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8552 Luxor St, Downey, CA 90241
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8552 Luxor St Downey, CA 90241

$640,000 Sold Price as of 07/05/2019
  • 3 Beds
  • 2 Baths
  • 1,275 Sq.Ft.
Sold
$640,000 Sold Price as of 07/05/2019 Refinance Your Mortgage
Map preview of 8552 Luxor St, Downey, CA 90241

Property Overview: 8552 Luxor St Downey, CA has 3 bedrooms, 2 bathrooms, 1,275 living square feet and 8,016 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Traditional Downey duplex. The front unit, 8552 Luxor, is a spacious one-bedroom, one-bathroom unit with coved ceilings, galley kitchen with quaint dining area in kitchen. The rear unit, 8554 Luxor, is a spacious two-bedroom one-bathroom unit with coved ceilings, spacious bedrooms, galley kitchen with quaint dining area and a side yard patio with direct access to the back yard. The property has a shared 2 car detached garage with two washer and dryer hook ups for tenants use. Newer dual pane vinyl windows were installed throughout the property. There are two separate water heaters. Owner pays water, trash and lawn care.

Listed by Holly Kovich | BRE #01350418 | Holly Kovich and Associates
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
8,016
HOA Dues
$0/mo
Year built
1951
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW19102369
City
Downey
County
Los Angeles
Time on Site
1412 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.28%
  • Gross Rent Multiplier: 20.54
  • Gross Scheduled Income: $33,600
  • Net Operating Income: $26,491
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $10,958
  • New Taxes: $8,625
  • Trash: $564
  • Gardener: $960
  • Insurance: $800
  • Maintenance: $1,818
  • Professional Management: $2,009
  • Water/Sewer: $780

Property Details for 8552 Luxor St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Block, Needs Repair
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Concrete, Garage, Garage - Two Door, Off Street, RV Potential
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6255025051
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments, Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: West of Lakewood Blvd North of Stewart and Gray Rd. faces North West on Luxor
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Downey Agent

Sale History for 8552 Luxor St

Last sold for $640,000 on July 5th, 2019

  • July, 2019

  • Jul 6, 2019

    Date

    Sold

    CRMLS: PW19102369

    $640,000

    Price

  • May 31, 2019

    Date

    Pending

    CRMLS: PW19102369

    $660,000

    Price

  • May 13, 2019

    Date

    Price Change

    CRMLS: PW19102369

    $660,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: PW19102369

    $690,000

    Price

  • July, 2019

  • Jul 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

  • June, 2011

  • Jun 1, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8552 Luxor St

Assessed Value (2020): $640,000
Year Land Value Improved Value Assessed Value
2020 $460,000 $180,000 $640,000

Home Value Compared to the Market

This property vs the competition

8552 Luxor St sold on July 5, 2019 for 20.48% 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 $517.65 per/sqft which puts the price per square foot 9.66% lower than the current median sale per square foot for the city of Downey.

About 8552 Luxor St

Detailed summary of property

8552 Luxor St is a duplex that recently sold in Downey, CA 90241. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,275 living square feet, and sits on an approximately 8,016 square foot lot. 8552 Luxor St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $640,000. 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 20.48% lower than the current median priced home. Local homes that are currently for sale include 120 S Sunol Dr, 4775 Hammel St and 1643 E 87th Pl. While the average home in Downey, CA is selling in 50 days, 8552 Luxor St has a days on market of 27 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 8552 Luxor 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 8552 Luxor St

Public county record property details
Beds
3
Baths
2
Year built
1951
Sq. Ft.
1,275
Lot Size
8,016
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
6255-025-051

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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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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