$550,000
●
House -
Off Market
7426 Ciro Street
Downey, CA 90240
3 Beds
1 Bath,
1
Half Bath
1,293 Ft²
$806,935
RealtyHop Estimate
46.98%
Since Jun 1, 2019
CA-Los Angeles
Primary Model
About This Property
***Opportunity Knocks***BEST PRICED HOME IN DOWNEY***LOCATION
LOCATION. Minutes to Shops, Maude Price, Gloria's Restaurant,
Griffiths Middle School & 5 & 605 Freeway. Home features Original
Hardwood Floors throughout. Updated Electrical Panel. 2 Car
Detached Garage. Great Size Back Yard with existing gas and
electrical hooks up in place for BBQ or exterior lighting. Out door
Patio. Inside Laundry. Open Living Room to Dinning. Baseboard
Molding. Crown Molding. Fireplace with gorgeous mantle. Good size
bedrooms. Updated Main Bath. Fresh interior paint. Tons of
potential to turn this into your dream home! Great deals in Downey
are very very hard to find. This is priced to Sell. Truly a great
opportunity! Seller open to adding Garage Door.
Unit Size
1,293 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$425
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #DW19053067)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by Intero Real Estate Services | $549,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Alfredo Zamudio, Intero Real Estate Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19053067
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19053067
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