Welcome to 12016 Old River School Rd, a well-maintained 2-building triplex on a tree-lined street in the sought-after community of Downey, this exceptional property presents a fantastic investment opportunity for an owner-user or investor, combining a prime location with an adjacent vacant lot offering a potential development opportunity. Entering the front unit (nearest the curb) you'll step into a large sunken living room with a fireplace, an excellent entertainment space that connects to the kitchen, a dining area with a sliding glass door leading to the outside concrete patio. Follow hallway to the 2 bedrooms and 2 bathrooms along with an open spacious den, which can be used as an office or 3rd bedroom. The 2nd attached unit offers a townhouse style design with a spacious living area, kitchen and half bath on the 1st floor and 2 spacious bedrooms and 1 bathroom on the 2nd floor. The rear free-standing building offers an enormous 1 bedroom 1 bath unit with ample storage on the 2nd level and 3 car parking spaces on the 1st level next to the common area laundry room which has a single washer and dryer. The property sits on a lot approx. 15,259 sq ft, which includes a vacant lot situated across the street from Old River Elementary and Stauffer Middle Schools, Los Amigos Golf Course, minutes from shops, restaurants, Frwys 710 and 105 and much, much more!!
Sold for $1,320,000
Listed by: Residian Property Group, Inc. • Thomas Phillips • 626-429-0273
Bought with: Re/Max Olympic
$1,320,000
12016 Old River School Rd, Downey, CA 90242
5beds
5baths
3,811sqft
Triplex
Built in 1966
-- sqft lot
$1,529,500 Zestimate®
$346/sqft
$2,812 Estimated rent
Home value
$1,529,500
$1.39M - $1.68M
$2,812/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Thomas Phillips DRE #01787705 626-429-0273,
Residian Property Group, Inc.,
Carolina Macias DRE #02164693,
Residian Property Group
Bought with:
Atef Naeem, DRE #02180938
Re/Max Olympic
Source: CRMLS,MLS#: P1-14299
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Appliances
- Laundry: Common Area, Gas Dryer Hookup
Features
- Block Walls, Open Floorplan, Storage, Sunken Living Room
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Den, Kitchen, Living Room, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,811
- Total interior livable area: 3,811 sqft
Property
Parking
- Total spaces: 5
- Parking features: Attached Carport, Assigned, One Space
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 0.35 Acres
Details
- Parcel number: 6246021003
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Drywall, Frame, Stucco, Copper Plumbing
- Foundation: Raised, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Curbs, Park, Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Other
Location
- Region: Downey
Financial & listing details
- Price per square foot: $346/sqft
- Tax assessed value: $1,430,550
- Date on market: 7/10/2023
- Cumulative days on market: 17 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/22/2026 | Listing removed | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/13/2026 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/23/2024 | Listed for rent | $3,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2023 | Sold | $1,320,000-5.4%$346/sqft |
Source:  CRMLS #P1-14299 Report a problem | ||
| 9/23/2023 | Pending sale | $1,395,000$366/sqft |
Source: CRMLS #P1-14299 Report a problem | ||
| 7/31/2023 | Contingent | $1,395,000$366/sqft |
Source:  Pasadena Foothills MLS #P1-14299 Report a problem | ||
| 7/10/2023 | Listed for sale | $1,395,000$366/sqft |
Source: Pasadena Foothills MLS #P1-14299 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,430,550 +2% |
| 2025 | $17,897 -2.4% | $1,402,500 +6.3% |
| 2024 | $18,334 +442.3% | $1,320,000 +612.9% |
| 2023 | $3,381 +4% | $185,164 +2% |
| 2022 | $3,251 +4.4% | $181,534 +2% |
| 2021 | $3,115 +1.2% | $177,976 +1% |
| 2020 | $3,077 | $176,152 +2% |
| 2019 | $3,077 +14.6% | $172,699 +2% |
| 2018 | $2,685 | $169,314 +2% |
| 2017 | $2,685 +1.6% | $165,995 +2% |
| 2016 | $2,641 +3.2% | $162,741 +1.5% |
| 2015 | $2,560 +5.4% | $160,297 +2% |
| 2014 | $2,429 | $157,158 +4.5% |
| 2011 | -- | $150,377 +0.8% |
| 2010 | -- | $149,254 -0.2% |
| 2009 | -- | $149,610 +2% |
| 2008 | -- | $146,678 +2% |
| 2007 | -- | $143,803 +2% |
| 2006 | -- | $140,984 |
| 2005 | -- | $140,984 +4% |
| 2004 | -- | $135,511 +1.9% |
| 2003 | -- | $133,028 +6.1% |
| 2000 | -- | $125,359 |
Find assessor info on the county website
Neighborhood: 90242
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Nearby schools
GreatSchools rating
- 6/10Old River Elementary SchoolGrades: 4-5Distance: 0.2 mi
- 6/10Stauffer Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Warren High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$1,529,500
Get a cash offer in 3 minutes
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Estimated market value
$1,529,500
- California
- Los Angeles County
- Downey
- 90242
- 12016 Old River School Rd
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