$1,100,000
●
House -
Off Market
9627 Downey Avenue
Downey, CA 90240
3 Beds
2 Baths
1,888 Ft²
$4,415
Est. Monthly
About This Property
Welcome to 9527 Downey Ave, located in North Downey and is ready
for you to make your own. This home has 3 bedrooms, 2 baths
with an estimated 1,888 sq ft with a 2 living areas, a front room
that adjoins the formal dining room and a separate family room with
a fireplace that overlooks the backyard with its pool and spa.
It sits on a lot that has over 7,500 sq ft and plenty of room
to expand. The kitchen is open to the family room and is
easily accessible to the formal dining room. The Primary
bedroom is large and the bathroom has a separate vanity area that
is open to the closet with a separate shower and toilet area.
Other feature of the home are central heating and air,
covered patio, attached 2 car garage, shed and water softener. This
home is close to shopping, restaurants, parks, schools, freeways
and so many well known places. Downey has the oldest
McDonalds still in business dating back to 1953, the original
Porto's Bakery and has a rich history of aviation and aerospace.
Come make this your home and enjoy everything that Downey has
to offer.
Unit Size
1,888 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$476
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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 #PW24171357)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 22, 2024 | Listed by The RECollective | $899,000 | |
| Listed by The RECollective | |||
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: Loree Swanenburg, The RECollective
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24171357
Last Updated: 3 years ago
Data Source: CRMLS, MLS# PW24171357
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