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8742 Imperial Hwy, Downey, CA 90242
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8742 Imperial Hwy Downey, CA 90242

$750,000 Sold Price as of 11/12/2021
  • -- Beds
  • -- Baths
  • 2,471 Sq.Ft.
Sold
$750,000 Sold Price as of 11/12/2021 Refinance Your Mortgage
Map preview of 8742 Imperial Hwy, Downey, CA 90242

Property Overview: 8742 Imperial Hwy Downey, CA has -- bedrooms, -- bathrooms, 2,471 living square feet and 12,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "Trust Sale" Commercial property best Location close to Lakewood Blvd on Imperial Hwy... in the city of Downey "large Lot" 12,300sqft (2) separate units 8742 & 8744 apx. 1,425sqft & apx. 1,295sqft "both units are on one lot" with an additional storage building 660sqft located in the rear parking lot, plus an additional storage area 160sqft located between units. Unit #1 is currently being used as a Bar, Unit #2 is currently being used as a repair service center Each Unit is under current lease agreements "Do not Disturb Tenants" call listing office for more information

Listed by Dennis Moyer | BRE #00891461 | MBS Realty & Tax Service
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
12,300
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Office
Status
Sold
MLS#
DW21083580
City
Downey
County
Los Angeles
Time on Site
1081 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 2
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,800
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Insurance: $4,183
  • Maintenance: $950

Property Details for 8742 Imperial Hwy

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat, Tar/Gravel
  • Has Fence
  • Block
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 6263001009
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: West of Lakewood Blvd , East of Brookshire on Imperial Hwy
View more facts & features

Local Downey Agent

Sale History for 8742 Imperial Hwy

Last sold for $750,000 on November 12th, 2021

  • November, 2021

  • Nov 13, 2021

    Date

    Sold

    CRMLS: DW21083580

    $750,000

    Price

  • Jun 28, 2021

    Date

    Pending

    CRMLS: DW21083580

    $985,000

    Price

  • Jun 15, 2021

    Date

    Price Change

    CRMLS: DW21083580

    $985,000

    Price

  • May 16, 2021

    Date

    Active

    CRMLS: DW21083580

    $1,100,000

    Price

  • Apr 23, 2021

    Date

    Hold

    CRMLS: DW21083580

    $1,100,000

    Price

  • Apr 22, 2021

    Date

    Active

    CRMLS: DW21083580

    $1,100,000

    Price

  • July, 2001

  • Jul 20, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 8742 Imperial Hwy

Assessed Value (2020): $129,289
Year Land Value Improved Value Assessed Value
2020 $93,905 $35,384 $129,289

Home Value Compared to the Market

This property vs the competition

8742 Imperial Hwy sold on November 12, 2021 for 20.12% higher than the current median sold price for the city of Downey which is $820,000. The median sold price per/sqft for Downey is $540 and this home is sold at $398.62 per/sqft which puts the price per square foot 26.18% lower than the current median sale per square foot for the city of Downey.

About 8742 Imperial Hwy

Detailed summary of property

8742 Imperial Hwy is a office that recently sold in Downey, CA 90242. This office offered -- bedrooms, -- bathrooms, roughly 2,471 living square feet, and sits on an approximately 12,300 square foot lot. 8742 Imperial Hwy was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $750,000. Home in Downey are selling for a median price of $820,000 and a median price per square foot of $540. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 20.12% higher than the current median priced home. While the average home in Downey, CA is selling in 50 days, 8742 Imperial Hwy has a days on market of 44 days. There are currently 84 homes for sale in the Downey real estate market and 71 of them are single family homes while 6 of them are condos and 7 are townhomes. For more information on this home for sale at 8742 Imperial Hwy Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8742 Imperial Hwy

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
2,471
Lot Size
12,300
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
N
APN
6263-001-009

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
$795,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$552
Total Inventory
22
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%)

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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