8034 7TH Street $1,510,000

    Close

    8034 7TH Street Downey, CA 90241

    Closed
    SOLD 12/24/2019

    $1,510,000

    • 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

    Neighborhood

    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

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.

        Based on information from CARETS as of 1/20/2020 10:17:30 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. IDX provided by Reliance Network, LLC.