$1,550,000
●
House -
Off Market
7370 Rio Hondo Place
Downey, CA 90241
3 Beds
3 Baths
2,827 Ft²
$7,611
Est. Monthly
About This Property
Stunning 2-story home near Rio Hondo golf course. This 3 bedroom, 3
bath home was fully renovated in 2016 boasting a beautifully
remodeled kitchen with high-end stainless steel appliances, quartz
counters, custom cabinetry, large pantry & large island. The
floorplan is ideal with spacious living room with vaulted ceilings
& fireplace, formal dining room, and family room with wood floors
and fireplace. The bedrooms are good size, especially the
primary bedroom with large closets and primary bathroom with dual
sinks, separate tub and large tile shower. The backyard is picture
perfect with an updated covered patio with recessed light, treated
wood ceilings, wood deck and outdoor TV -- all overlooking the
large yard with lush landscaping.
Unit Size
2,827 Ft²
Days on Market
72 days
Land Size
0.19 acres
Price per sqft
$548
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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: 13 months ago (CRMLS #DW25184905)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Aug 15, 2025 | Listed by 24 Hour Real Estate | $1,550,000 | |
| Listed by 24 Hour Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Michael Berdelis, 24 Hour Real Estate
Last Updated: 13 months ago
Data Source: CRMLS, MLS# DW25184905
Last Updated: 13 months ago
Data Source: CRMLS, MLS# DW25184905
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