$750,000
●
House -
Off Market
8235 Alameda Street
Downey, CA 90242
3 Beds
2 Baths
1,575 Ft²
$3,708
Est. Monthly
About This Property
Uncover the hidden gem within this 3-bedroom, 2-bath home,
gracefully poised on a corner lot. The master bedroom showcases a
generous walk-in closet, and the bathroom boasts a walk-in shower.
Step into the living room, where a gas fireplace exudes warmth and
character. The kitchen reveals a delightful wet bar, adding a touch
of charm to the heart of the home. The bonus room is a versatile
space, ready to adapt to your needs as a formal dining area or a
cozy family room. The other two spacious bedrooms provide ample
closet space as well.
Situated near the Downey Promenade and Downey Landing, this residence not only offers timeless charm but also convenient access to vibrant shopping and entertainment. Completing the picture is a 2-car attached garage, seamlessly integrating laundry facilities and offering direct access to the home. This residence is brimming with potential, inviting you to reimagine and revitalize it into a modern sanctuary.
Situated near the Downey Promenade and Downey Landing, this residence not only offers timeless charm but also convenient access to vibrant shopping and entertainment. Completing the picture is a 2-car attached garage, seamlessly integrating laundry facilities and offering direct access to the home. This residence is brimming with potential, inviting you to reimagine and revitalize it into a modern sanctuary.
Unit Size
1,575 Ft²
Days on Market
336 days
Land Size
0.11 acres
Price per sqft
$479
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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: 3 years ago (CRMLS #DW23214527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Price Decreased |
$755,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jun 10, 2024 | No longer available | - | |
| No longer available | |||
| Jun 9, 2024 | Relisted | $775,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
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: Luther Sanchez, Century 21 Allstars
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW23214527
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW23214527
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