$415,000
●
House -
Off Market
7746 Adwen St
Downey, CA 90241
2 Beds
1 Bath
806 Ft²
$650,862
RealtyHop Estimate
48.26%
Since Apr 1, 2019
CA-Los Angeles
Primary Model
About This Property
Cute 2 bed., 1 bath Fixer home with attached single car garage and
carport. Located in desirable Downey neighborhood. Priced low for
cash buyer or flipper. Original condition 1950 home with large
block wall enclosed yard. Close to good schools and shopping. Home
has good bones. Previous tenants just left after 20 years. To be
sold in As-Is condition with no repairs to be made by sellers.
Neighborhoods: Williams Elementary Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
806 Ft²
Days on Market
29 days
Land Size
0.12 acres
Price per sqft
$545
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 (SDMLS #190009675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Re/Max Supreme | $599,900 | |
| Listed by Re/Max Supreme | |||
 | |||
|
BEAUTIFUL HOUSE, in very nice neighborhood in Downey. This house is 3 spacious bedrooms and 2 baths. Completely remodeled, New kitchen with quartz counter tops, Stainless steel Stove and Microwave, New floors, new windows, new roof, new everything. Floors are waterproof laminate, New central Air and heat, One car attached Garage and nice sized backyard.
| |||
| Mar 20, 2019 | Sold | ||
| Sold | |||
| Feb 19, 2019 | Listed by Homesmart Legends | $439,000 | |
| Listed by Homesmart Legends | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Downey
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Listed by: Tom Metier, Homesmart Legends
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009675
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009675
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