$585,000
●
House -
Off Market
12736 Downey Avenue
Downey, CA 90242
4 Beds
1 Bath
1,978 Ft²
$862,285
RealtyHop Estimate
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model
About This Property
What a terrific opportunity to own a large 4 bedroom house with
almost 2,000 square feet, for the price of a 3 bedroom home.
This house has it all! Formal living room, with formal
separate dining room. Upgraded kitchen with a lot of storage
space, and separate eating area. Open kitchen area to large
family room with fireplace. Central Air and Forced Air
Heating. Great size backyard with covered patio, detached two
story shed for storage, and alley access at the end of a cul-de-sac
alley. Dual pane windows throughout, large bedrooms, corian
counters, ceiling fans throughout, above ground spa. Leased
solar panels to keep utility costs low. You really get a lot
for your money with this terrific listing.
Unit Size
1,978 Ft²
Days on Market
64 days
Land Size
0.16 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 4 months ago (CRMLS #DW19123413)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2019 | Sold | ||
| Sold | |||
| May 27, 2019 | Listed by Excellence RE Real Estate | $585,000 | |
| Listed by Excellence RE Real Estate | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Dec 2, 2018 | Listed | $585,000 | |
| Listed | |||
| | |||
|
4 bedroom home with 1 3/4 baths, family room with fireplace, remodeled kitchen, dining area, central air and heat, new vinyl windows, covered patio 2 car detached garage The manager has listed the unit size as 1978 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Listed On
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Sold On
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HOA + Taxes
About Downey
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris Baumann, Excellence RE Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19123413
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19123413
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