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9101 Margaret St, Downey, CA 90241
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9101 Margaret St Downey, CA 90241

$850,000 Sold Price as of 04/20/2021
  • 6 Beds
  • 3 Baths
  • 1,932 Sq.Ft.
Sold
$850,000 Sold Price as of 04/20/2021 Refinance Your Mortgage
Map preview of 9101 Margaret St, Downey, CA 90241

Property Overview: 9101 Margaret St Downey, CA has 6 bedrooms, 3 bathrooms, 1,932 living square feet and 6,643 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The property is a 1952 construction with all two-bedroom/one-bath units that are separately metered for gas and electricity, three garage parking spaces, and an underutilized laundry room with hookups. The property has been well-maintained, and recent improvements include copper plumbing throughout, a new roof within the past 10 years, and the renovation of the middle unit with new floors, new windows, a new vanity, and new blinds. 9101 Margaret Street is well-located conveniently near a range of services, employers, attractions, and retail: within a few blocks are the popular Stonewood Center Mall, numerous dining and shopping options, and a Ralphs grocery store, and within a mile are Downey High School, Downey Civic Center, the Promenade at Downey (a major shopping center opened in 2015), the Downey Landing shopping center, Downey Regional Medical Center and Kaiser Permanente Downey Medical Center. Additionally, 9101 Margaret Street is located within view of a brand new Marriott Springhill Suites hotel that is currently under construction.

Listed by Steven Bogoyevac | BRE #01332755 | Steven M. Bogoyevac, Broker
Co-listed by David O'Keefe | BRE #01928739 | Marcus & Millichap
Last checked: 39 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,643
HOA Dues
$0/mo
Year built
1952
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21038397
City
Downey
County
Los Angeles
Time on Site
1162 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,603
  • Total Rent: $4,810
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,720
  • Net Operating Income: $37,715
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,273
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 9101 Margaret St

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6284011001
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: SE of the Firestone/Lakewood intersection. Near intersection of Margaret & Adenmoor
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Downey Agent

Sale History for 9101 Margaret St

Last sold for $850,000 on April 20th, 2021

  • April, 2021

  • Apr 21, 2021

    Date

    Sold

    CRMLS: PW21038397

    $850,000

    Price

  • Mar 8, 2021

    Date

    Pending

    CRMLS: PW21038397

    $900,000

    Price

  • Feb 24, 2021

    Date

    Active

    CRMLS: PW21038397

    $900,000

    Price

  • October, 2012

  • Oct 4, 2012

    Date

    Sold (Public Records)

    Public Records

    $472,500

    Price

  • December, 2011

  • Dec 1, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9101 Margaret St

Assessed Value (2020): $532,021
Year Land Value Improved Value Assessed Value
2020 $247,713 $284,308 $532,021

Home Value Compared to the Market

This property vs the competition

9101 Margaret St sold on April 20, 2021 for 1.64% 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 $465.84 per/sqft which puts the price per square foot 12.6% lower than the current median sale per square foot for the city of Downey.

About 9101 Margaret St

Detailed summary of property

9101 Margaret St is a multi family that recently sold in Downey, CA 90241. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,932 living square feet, and sits on an approximately 6,643 square foot lot. 9101 Margaret St was first listed on ArdentRealEstateGroup.com on February 24, 2021. The homeowner sold the property for $850,000. 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 1.64% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 11111 Wilmington Ave and 10963 Wilmington Ave. While the average home in Downey, CA is selling in 50 days, 9101 Margaret St has a days on market of 12 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 9101 Margaret 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 9101 Margaret St

Public county record property details
Beds
6
Baths
3
Year built
1952
Sq. Ft.
1,932
Lot Size
6,724
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11,Q
APN
6284-011-001

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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