Listed by: Kathi Jesse, eXp Realty of Southern California, Inc
$835,000
●
House -
Off Market
9214 Chaney Avenue
Downey, CA 90240
3 Beds
2 Baths
1,150 Ft²
$4,100
Est. Monthly
About This Property
BACK ON THE MARKET! This is a diamond in the rough!
This well maintained home is original, but well kept, an
older home in highly desirable area. Surrounded by
multi-million properties. Great floor plan; 3 bedrooms, 2
baths, 1 car garage and a pool! HUGE yard. Priced below
recent appraisal, heirs inherited the property and are selling "as
is". This is the opportunity your clients have been waiting
for! Customize this 3 bedroom 2 bath pool home with a HUGE
yard! Room for ADU in the back for extra income or in-law
quarters... this one truly has it all. The property's central
location in Downey provides easy access to award-winning schools,
and major freeway systems and is close to Stonewood Shopping
Center.
Unit Size
1,150 Ft²
Days on Market
658 days
Land Size
0.19 acres
Price per sqft
$726
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #OC23016615)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by eXp Realty of Southern California, Inc | $835,000 | |
| Listed by eXp Realty of Southern California, Inc | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Downey
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Listed by: Kathi Jesse, eXp Realty of Southern California, Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC23016615
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC23016615
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