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9045 Iowa St, Downey, CA 90241
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9045 Iowa St Downey, CA 90241

$1,450,000 Sold Price as of 03/04/2024
  • 7 Beds
  • 5.25 Baths
  • 3,967 Sq.Ft.
Sold
$1,450,000 Sold Price as of 03/04/2024 Refinance Your Mortgage
Map preview of 9045 Iowa St, Downey, CA 90241

Property Overview: 9045 Iowa St Downey, CA has 7 bedrooms, 5.25 bathrooms, 3,967 living square feet and 7,541 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FANSTASTIC TRI PLEX FOR SALE IN DOWNEY. FRONT UNIT IS 3 BEDROOMS AND 2 BATHS (2300 SQFT APPROX) WITH A 2 CAR ATTACHED GARAGE, FRONT UNIT HAS LAUNDRY ROOM, EXTRA LARGE 2 GAR GARAGE WITH WORKSHOP AREA. LARGE MASTER BEDROOM UPSTAIRS WITH EN SUITE BATHROOM AND A WALK IN CLOSET PLUS A LARGE MIRRORED CLOSET. FRONT UNIT IS A TRUE OWNERS UNIT THAT IS CENTRAL AC READY. 2 REAR UPSTAIRS UNITS HAVE 2 BEDROOMS AND 2 BATHS (800 SQFT APPEOX) WITH A 1 CAR GARAGE EACH. THERE IS ALSO AN ADDITIONAL 2 CAR GARAGE THAT CAN BE RENTED OR TURNED INTO AN ADU. THIS TRI PLEX COMES WITH 2 PARKING SPACES AT THE END OF THE DRIVEWAY AND EACH UNIT HAS A LAUNDRY HOOKUP IN THEIR GARAGES. MIDDLE UNITS KITCHEN HAS JUST BEEN REMODELED AND PERMITED WITH THE CITY. THE FRONT UNIT GETS $2600 PER MONTH AND THE 2 BEDROOMS 2 BATH UNIT RENTS FOR $2100 PER MONTH. OWNER PAYS WATER AND TRASH CURRENTLY. EACH UNIT HAS A FORCED AIR FURNACE.

Listed by Jeffrey Allensworth | BRE #01083399 | Realty World Allensworth
Last checked: 7 minutes ago | Last updated: March 4th, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,541
HOA Dues
$0/mo
Year built
1979
Garage
6 Car
Property Type:
Triplex
Status
Sold
MLS#
DW24004275
City
Downey
County
Los Angeles
Time on Site
114 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,200
  • Net Operating Income: $83,620
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,580
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $480
  • Insurance: $1,200
  • Water/Sewer: $900

Property Details for 9045 Iowa St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6284009021
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: EAST OF BELLFLOWER BLVD AND SOURTH OF FIRESTONE
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Downey Agent

Sale History for 9045 Iowa St

Last sold for $1,450,000 on March 4th, 2024

  • March, 2024

  • Mar 4, 2024

    Date

    Sold

    CRMLS: DW24004275

    $1,450,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: DW24004275

    $1,500,000

    Price

  • December, 2017

  • Dec 29, 2017

    Date

    Price Change

    CRMLS: P760312

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    All Owner Occupied Units. Beautiful 2-Story, 3 Bedroom, 2 Bath, with fireplace in front unit. Attached in back, over the 3 double garages, there are two very spacious 2 bedroom, 2 bath units. Bathrooms have been remodeled, kitchen and living room floors are tiled, in move-in condition, This is a great property for 3 families who want to live together. Excellent school district and very close to Stonewood Mall. Show & Sell!!!

  • March, 2016

  • Mar 24, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2011

  • Jun 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

Show More

Tax History for 9045 Iowa St

Assessed Value (2020): $761,451
Year Land Value Improved Value Assessed Value
2020 $292,865 $468,586 $761,451

Home Value Compared to the Market

This property vs the competition

9045 Iowa St sold on March 4, 2024 for 63.93% higher 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 $378.12 per/sqft which puts the price per square foot 29.06% lower than the current median sale per square foot for the city of Downey.

About 9045 Iowa St

Detailed summary of property

9045 Iowa St is a triplex that recently sold in Downey, CA 90241. This triplex offered 7 bedrooms, 5.25 bathrooms, roughly 3,967 living square feet, and sits on an approximately 7,541 square foot lot. 9045 Iowa St was first listed on ArdentRealEstateGroup.com on January 8, 2024. The homeowner sold the property for $1,450,000. 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 63.93% higher than the current median priced home. Local homes that are currently for sale include 381 Amalia Ave, 12103 Burgess Ave and 6728 Friends Ave. While the average home in Downey, CA is selling in 50 days, 9045 Iowa St has a days on market of 16 days. There are currently 85 homes for sale in the Downey real estate market and 73 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 9045 Iowa 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 9045 Iowa St

Public county record property details
Beds
7
Baths
6
Year built
1979
Sq. Ft.
3,967
Lot Size
7,539
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32
APN
6284-009-021

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
$879,000
Median List Price/Sq.Ft.
$505
Median Sold Price
$735,000
Median Sold Price/Sq.Ft.
$539
Total Inventory
32
Median Sale to List Price %
105.15%
Avg Days on Market
27
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (33.33%), Other (8.33%)

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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