$750,000
●
House -
Off Market
12102 Marbel Avenue
Downey, CA 90242
3 Beds
1 Bath
900 Ft²
$3,683
Est. Monthly
About This Property
Probate sale BACK ON THE MARKET! This 3 bedroom, 1 bath home has
recently been renovated through out to the new buyer's delight!
The administrator took an original condition home and made it
look like new with a brand new kitchen and bathroom, new vinyl
plank floors in majority of living space, carpet in bedrooms, new
windows, new doors, new plumbing, new water heater, new wall
furnace, and new garage door with automatic opener. The
grounds have mature avocado and fruit trees in the spacious
backyard and a gravel front yard. The property is around the
corner from both the Downey Landing and Downey Promenade, around
the corner from public transportion, near Stonewood Mall & Downtown
Downey, and close to the 105 freeway.
Unit Size
900 Ft²
Days on Market
130 days
Land Size
0.15 acres
Price per sqft
$833
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #DW24160005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by 24 Hour Real Estate | $750,000 | |
| Listed by 24 Hour Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Michael Berdelis, 24 Hour Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24160005
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW24160005
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