$889,000
●
House -
Off Market
8545 Parrot Avenue
Downey, CA 90240
3 Beds
2 Baths
1,690 Ft²
$4,366
Est. Monthly
About This Property
Welcome to your dream home located in the heart of Downey! This
fully renovated gem offers modern amenities and stylish finishes
throughout. Step into an inviting living space with an open floor
plan, perfect for entertaining. The updated kitchen features sleek
countertops, stainless steel appliances, and ample storage. Enjoy
the comfort of a spacious primary suite, along with beautifully
remodeled bathrooms.
Outside, the tranquil backyard provides a private retreat for relaxation and outdoor gatherings.
Living in Downey means you'll be close to an array of attractions including the Downey Promenade, Stonewood Center, and the Columbia Memorial Space Center. With parks, dining, and entertainment just minutes away, this home combines the best of modern living with the charm of a friendly neighborhood.
Don't miss out on this fantastic opportunity to own a stunning home in a desirable Downey location!
Outside, the tranquil backyard provides a private retreat for relaxation and outdoor gatherings.
Living in Downey means you'll be close to an array of attractions including the Downey Promenade, Stonewood Center, and the Columbia Memorial Space Center. With parks, dining, and entertainment just minutes away, this home combines the best of modern living with the charm of a friendly neighborhood.
Don't miss out on this fantastic opportunity to own a stunning home in a desirable Downey location!
Unit Size
1,690 Ft²
Days on Market
65 days
Land Size
0.12 acres
Price per sqft
$526
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: 3 years ago (CRMLS #DW24122291)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Century 21 Allstars | $889,000 | |
| Listed by Century 21 Allstars | |||
Property Highlights
Air Conditioning
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
Price/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: Ali Kassira, Century 21 Allstars
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW24122291
Last Updated: 3 years ago
Data Source: CRMLS, MLS# DW24122291
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