$470,000
●
House -
Off Market
8753 Mory Street
Downey, CA 90242
2 Beds
1 Bath
940 Ft²
$738,191
RealtyHop Estimate
57.06%
Since Oct 1, 2017
CA-Los Angeles
Primary Model
About This Property
Welcome home to 8753 Mory Street in the beautiful, quaint community
of Downey. This picture perfect single level home features layered
brick curb appeal, two spacious bedrooms and an open concept family
and dining area. Completely remodeled with lovely granite kitchen
counters, built-in curio cabinet, a luxurious bathroom and upgraded
laminate flooring throughout. The beautiful landscaping is an
outdoor enthusiast's dream with automatic sprinklers, a focal point
Hass Avocado tree, and plenty of room to expand. Enjoy the
convenience of an extended driveway and two car garage with laundry
hook ups. Other home features include ceiling fans, ample closets
and storage, wall air conditioning, window blinds, mirrored closet
doors, brick fireplace, upgraded paneled cabinets and doors and
extended baseboards. All of this plus a newer roof, electrical and
gas line nicely complete this home. Finally, take advantage of an
ideal location, excellent schools, walkable to fine shopping,
entertainment, dining and work out options.
Unit Size
940 Ft²
Days on Market
49 days
Land Size
0.12 acres
Price per sqft
$500
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: 5 months ago (CRMLS #PW17170438)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 25, 2020 | No longer available | - | |
| No longer available | |||
| Nov 21, 2019 | Listed | $499,900 | |
| Listed | |||
| | |||
|
Welcome to the desirable city of Downey! Offering this tastefully upgraded cozy home. Conveniently situated near shopping, schools, entertainment and just a few minutes from the 105 freeway. The back yard has plenty of space for any future additions or just to enjoy on those beautiful California days. There is a huge beautiful avocado tree that gives a very refreshing shade and tasty avocados. Enjoy the convenience of an extended driveway and two car garage with laundry hook ups. Home also features upgraded double pane windows, laminate flooring, central air and heat, brick fire place, updated bathroom and plenty of closet space. Perfect for a small family! The manager has listed the unit size as 940 square feet.
| |||
| Sep 11, 2017 | Sold | ||
| Sold | |||
| Jul 24, 2017 | Listed by Seven Gables Real Estate | $469,995 | |
| Listed by Seven Gables Real Estate | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Downey
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Listed by: Nancy Moeller, Seven Gables Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17170438
Last Updated: 5 months ago
Data Source: CRMLS, MLS# PW17170438
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