Listed by: Ricardo Acevedo, Acevedo Real Estate Professionals
$860,000
●
House -
Off Market
8024 Devenir Avenue
Downey, CA 90242
3 Beds
2 Baths
1,488 Ft²
$4,223
Est. Monthly
About This Property
Priced to sell, take a look at this amazing Home that has it's very
own, NEAR-NEW, ADU (Accessary Dwelling Unit). Offset your payment
with legal income. The main house is a 3-bedroom and 2 bath,
approx. 1488 sqft and the ADU is approx. 400 sqft. First, as you
walk up to this amazing home you will a front grass area and the
craftsman style porch pillars. As we enter, there's a living room
with an open concept, dining room and kitchen all having an open
concept. The kitchen has been remodeled, good size bedrooms and a
master bedroom with a master bath and a bonus room. The ADU is
detached to the main house for privacy. The ADU is a well-designed
studio apartment with its own bathroom and kitchen. Bonus room and
ADU all done with permits in 2021. Conveniently located near the
105 freeway, this home offers easy access to local schools, parks,
and shopping centers, making it a prime choice for an owner user
and professionals alike or even a rental opportunity to start your
own portfolio. Don't miss your chance to make this delightful
Whittier home your own!
Unit Size
1,488 Ft²
Days on Market
109 days
Land Size
0.12 acres
Price per sqft
$578
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
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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: 2 years ago (CRMLS #CV24222530)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Increased |
$860,000
↑ $10K
(1.2%) | |
| Price Increased | |||
| Oct 28, 2024 | Listed by Acevedo Real Estate Professionals | $850,000 | |
| Listed by Acevedo Real Estate Professionals | |||
| May 21, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Ricardo Acevedo, Acevedo Real Estate Professionals
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24222530
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV24222530
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