8034 7TH Street $1,510,000


    8034 7TH Street Downey, CA 90241

    SOLD 12/24/2019


    • 6 Beds
    • 6 Baths
    • 3,536 sq.ft.
    • MultiFamily
    • MLS# 19522044
    Favorite Share
    Views: 1 Days On Market: 24

    Property Details

    The subject property is a 6-Unit apartment building located in one of the most sought after areas along the 605 corridor, in North Downey. The city of Downey has had a tremendous amount of new development in recent years, and is positioned to remain an extremely strong rental market for years to come.

    • General Features
      • Net Operating Income 42481.00
      • Year Built 1957
      • County Los Angeles
      • Area Northwest Downey, N of Firestone, W of Downey (D2)
      • Total Units in Complex 6
      • Special Conditions Standard Sale
      • Senior Community No
      • Adjusted Gross Income 76743.00
      • Total Annual Expense 34262.00
      • Gross Operating Imcome 79116.00
    • Building Features
      • Cooling Type None
      • Heating Type None
      • Appliances None
    • Room Features
      • Unit 1 Bedrooms 1
      • Unit 1 Bathrooms 1.0
    • Property Features
      • ParkingSpacesTotal 6
      • Lot Size Sq Ft 11,632
      • Parking Type Carport, Parking Space


    90241 (Downey) Demographics

    35 Median Age
    9,099 Population Density (per sq. mile)
    30% College Educated
    $61,151 Estimated Median Income
    5,569 Estimated Total Home Owners
    8,046 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    0 Estimated Average Household Size
    44,815 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        12/24/2019 12:00:00 AM Sold Source New Value: $1,510,000
        10/29/2019 12:20:12 PM Status Changed Source New Value: Pending
        10/29/2019 12:17:36 PM Status Changed Source New Value: Pending
        10/25/2019 11:18:17 AM Status Changed Source New Value: Active Under Contract
        10/25/2019 11:15:54 AM Status Changed Source New Value: Active Under Contract

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