$623,000
●
House -
Off Market
9030 Rives Avenue
Downey, CA 90240
3 Beds
1 Bath,
1
Half Bath
1,270 Ft²
$887,680
RealtyHop Estimate
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
Location, location, location! This home is located on a beautiful
tree lined street tucked away in a lovely residential North Downey
neighborhood. The home's inviting curb appeal adds to its charm.
Inside you'll find 3 spacious bedrooms and 1.5 bathrooms. The
kitchen is quite large with lots of cabinets , counter top space
and is open to the eating area. The living room features a gas
burning fireplace, scraped ceilings and updated paint. There is
wood laminate flooring throughout and along with baseboards and
molding. For added convenience you have a laundry room off the
kitchen adjacent to a huge pantry. As an added bonus the home has
central air & heat and paid off solar panels that make a big
difference on your energy bill. The long driveway and detached
garage will accommodate all your vehicles and the ample backyard is
perfect for entertaining. This home has it all at a great value!
Unit Size
1,270 Ft²
Days on Market
150 days
Land Size
0.14 acres
Price per sqft
$491
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 4 months ago (CRMLS #DW19236127)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by 24 Hour Real Estate | $623,000 | |
| Listed by 24 Hour Real Estate | |||
Property Highlights
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: Stephanie Banuelos, 24 Hour Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19236127
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW19236127
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