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8721 Lyndora St, Downey, CA 90242
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8721 Lyndora St Downey, CA 90242

$1,274,000
  • 8 Beds
  • 4 Baths
  • 3,000 Sq.Ft.
For Sale
$1,274,000 Get Pre-Qualified
Map preview of 8721 Lyndora St, Downey, CA 90242

Property Overview: 8721 Lyndora St Downey, CA has 8 bedrooms, 4 bathrooms, 3,000 living square feet and 5,317 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up very often. This building is located on a quiet cul-de-sac with similar buildings. This is a trust sale and able to be sold quickly if you are interested. The building has a private gated grass area for the tenants for entertainment or gathering purposes. This building is located near the 105, 605, 91 and 5 freeways.

Listed by Jennifer Davis | BRE #01383659 | Y Realty
Last checked: 8 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 100
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Home details

Lot Sq. Ft
5,317
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24004638
City
Downey
County
Los Angeles
Time on Site
108 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $19,500
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,290
  • Total Rent: $15,480
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $19,500
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $18,600
  • Pro Forma/Market Rent: $20,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,080
  • Net Operating Income: $72,331
  • Gross Operating Income: $73,080
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $749
  • Electric: $0
  • Trash: $2,688
  • Cable TV: $0
  • Gardener: $1,320
  • Insurance: $3,095
  • Professional Management: $4,384

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Property Details for 8721 Lyndora St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Ceiling Fan(s), Recessed Lighting
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Driveway, Concrete, Oversized
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6263006013
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 105 Freeway Exit Lakewood North and go Left on Imperial Highway
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Gutters
View more facts & features

Local Downey Agent

Sale History for 8721 Lyndora St

Last leased for $1,895 on July 13th, 2021

  • January, 2024

  • Jan 9, 2024

    Date

    Active

    CRMLS: PW24004638

    $1,299,000

    Price

  • July, 2021

  • Jul 13, 2021

    Date

    Leased

    CRMLS: RS21104107

    $1,895

    Price

  • May 15, 2021

    Date

    Active

    CRMLS: RS21104107

    $1,895

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 8721 Lyndora St

Assessed Value (2020): $277,060
Year Land Value Improved Value Assessed Value
2020 $91,906 $185,154 $277,060

Home Value Compared to the Market

This property vs the competition

8721 Lyndora St is listed 46.73% higher than the median list price for the city of Downey which has a median list price of $868,265. The median price per/sqft for Downey is $539 and this home is listed at $424.67 per/sqft which puts the price per square foot 21.21% lower than the median price per square foot for the city of Downey.

About 8721 Lyndora St

Detailed summary of property

8721 Lyndora St is a fourplex located in Downey, CA 90242 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 3,000 living square feet, and sits on an approximately 5,317 square foot lot. 8721 Lyndora St was first listed on ArdentRealEstateGroup.com on January 9, 2024. The homeowner is currently asking $1,274,000 and was originally asking $1,299,000. The median priced home in Downey is $868,265 with a median price per square foot of $539. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 46.73% higher than the median priced home. Local competing homes currently for sale include 20611 Arline Ave, 7020 Schroll St and 6200 Northside Dr. While the average home in Downey, CA is selling in 48 days, 8721 Lyndora St has a days on market of 100 days. There are currently 86 homes for sale in the Downey real estate market and 73 of them are single family homes while 7 of them are condos and 6 are townhomes. For more information on this home for sale at 8721 Lyndora St Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8721 Lyndora St

Public county record property details
Beds
8
Baths
4
Year built
1958
Sq. Ft.
3,000
Lot Size
5,316
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
6263-006-013

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$552
Total Inventory
25
Median Sale to List Price %
95.78%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (7.14%), Other (21.43%)

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Downey Agent
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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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