7935 Harper Avenue
About This Property
Welcome to 7935 Harper Ave, nestled on a spacious lot adorned with beautifully matured trees in one of Downey's most sought-after neighborhoods. This property offers a rare chance for buyers to design their dream home or renovate to their unique taste in a community full of charm and convenience.
Just a short walk to the top-rated Rio Hondo Elementary School, this home is also ideally located near Rio Hondo Park and Golf Club-perfect for outdoor enjoyment and recreation.
Enjoy the vibrant local lifestyle with easy access to the Columbia Memorial Space Center, the Promenade at Downey, offering shopping, dining, and entertainment. For weekend outings, take in a show at the Downey Civic Theatre, grab a bite at the iconic Bob's Big Boy Broiler, or explore the creative local scene at Stay Gallery.
Whether you're looking to personalize a home or invest in one of Downey's most desirable areas, 7935 Harper Ave offers unmatched potential and location.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by WERE Real Estate | $660,000 | |
| Listed by WERE Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017