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12040 Dolan Avenue

12040 Dolan Avenue, Downey, CA 90242
Multifamily in Downey
Sold Aug 22, 2019
$1,150,000
Sold Feb 05, 2003
$580,000
$464,000 by Wmc Mortgage Corp
Mortgage Due Feb 01, 2033
12040 Dolan Avenue in Downey, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 12040 Dolan Avenue has 3,905 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 730 ft and the linear feet between the front and back of the lot is 2,430. In total, the area measurement of the land is 17,826 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home is utilizing floor/wall heating system. The property was last sold in Jul 24, 2019 for $1,150,000. That's $294.49 per sqft. Prior to that sales transaction, the property was also sold in Nov 11, 2002 for $580,000. 12040 Dolan Avenue was last assessed in 2023. The total value of the property was assessed at $1,208,700. Specifically, the land the property is located on was valued at $800,700. While improvements on the property were assessed at a total of $408,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,694. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 3
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,826
  • Lot Size Depth Feet: 2,430
  • Lot Size Frontage Feet: 730
  • Total Building Area: 3,905
  • Building Area: 3,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 3,905
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNEY VILLA TRACT #2
  • Land Acres: 0.409
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: *LAND DESC IN DOC 0001509, 76-8-20 *TR=DOWNEY VILLA TRACT NO 2*POR OF LOT/SEC 7

Ownership

  • Current Owner : GUJRAL RENUKA
  • Current Owner 2: MONTENEGRO DOUGLAS MANRIQUE
  • Previous Owner : GUZMAN RUBEN
  • Owner Before Previous Owner: CEVALLOS KARLA PRISILLA
  • Owner Before Previous Owner 2: CEVALLOS SERGIO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551204

Zoning

  • Zoning: DOR15000*

Geography

  • Assessors Map Reference: 60-B5
  • Subdivision Tract Number: 2
  • Parcel: 6258-008-012
  • Lot: 7
  • Municipality: SOUTH /HOLY/DOWN/BEL G
  • Latitude: 33.9292
  • Longitude: -118.138

    Address

  • Full Address: 12040 Dolan Ave
  • Address - House Number: 12040
  • Address - Street Name: Dolan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Downey
  • Carrier Code: C007
  • 4-Digit Zip Code: 2528
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,694
  • Tax Rate Code Area: 03-266

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,380,949
  • High Value: 1,688,065
  • Low Value: 1,073,832

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,208,700
  • Assessed Land Value: $800,700
  • Assessed Improvements Value: $408,000

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Aug 22, 2019
  • Current Sale Transaction ID: 11642893946
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19-0846148
  • Previous Sale Recording Date: Feb 05, 2003
  • Previous Sale Contract Date: Nov 11, 2002
  • Previous Sale Amount: $580,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN INTERNET MORTGAGE INC
  • First Mortgage Transaction Date: Aug 22, 2019
  • First Mortgage Loan Amount: $862,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 05, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $464,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 01, 2033

About Downey



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Frequently Asked Questions

What neighborhood is 12040 Dolan Avenue located in?
The 12040 Dolan Avenue is a multifamily located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 12040 Dolan Avenue?
The average sales price for units in 12040 Dolan Avenue is $0 currently.

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