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11828 Rives Avenue

11828 Rives Avenue, Downey, CA 90241
Multifamily in Downey
Sold Mar 26, 2021
$740,000
$726,596 by Everett Financial Inc
Mortgage Due Apr 01, 2051
Local assessors in Downey, CA have categorized 11828 Rives Avenue as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 6,036 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 470 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11828 Rives Avenue has a total of 2,315 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11828 Rives Avenue was last sold in Feb 23, 2021 for $740,000. According to our calculations, that's $319.65 per sqft. Current property owners are expected to pay $9,079 in taxes per year. The property on 11828 Rives Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $769,895. To break that down further, the land itself was valued at $523,841. While improvements to the property were assessed at a total of $246,054. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,036
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 470
  • Total Building Area: 2,315
  • Building Area: 2,315
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,315
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 10789
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANCHO SANTA GERTRUDES FINALLY CONFIRMED TO J P MCFARLAND AND J G DOWNEY LOT COM AT MOST N COR OF LOT 1 TR # 10789 TH N 31 52 E 55 FT TH S 58 4830 E 109.91 FT TH S 31 1130 W 8 FT TH S 31 52 W 47 FT TH N 58 4830 W 110 FT TO BEG

Ownership

  • Current Owner : LOPEZ JESUS Y
  • Current Owner 2: LOPEZ MIRIAM
  • Previous Owner : MEJIA MARIO LEONEL
  • Previous Owner 2: MEJIA MARIA ELZA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551402

Zoning

  • Zoning: DOR15000*

Geography

  • Assessors Map Reference: 60-A4
  • Subdivision Tract Number: 10789
  • Parcel: 6247-017-002
  • Lot: 1
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9377
  • Longitude: -118.147

    Address

  • Full Address: 11828 Rives Ave
  • Address - House Number: 11828
  • Address - Street Name: Rives
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Downey
  • Carrier Code: C010
  • 4-Digit Zip Code: 4777
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,079
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 971,362
  • High Value: 1,179,246
  • Low Value: 763,478

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $726,596
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $726,596
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $769,895
  • Assessed Land Value: $523,841
  • Assessed Improvements Value: $246,054

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11827480005
  • Current Sale Price: $740,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0482863

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $726,596
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Downey



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Frequently Asked Questions

What neighborhood is 11828 Rives Avenue located in?
The 11828 Rives Avenue is a multifamily located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 11828 Rives Avenue?
The average sales price for units in 11828 Rives Avenue is $725,000 , or $313/sqft. currently.

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