Sold for $999,000

Listed by: Residian Property Group, Inc. • Thomas Phillips • 626-429-0273

Bought with: Century 21 Allstars

$999,000

12637 Columbia Way, Downey, CA 90242

4beds

4baths

2,199sqft

Multi Family

Built in 1959

-- sqft lot

$1,140,300 Zestimate^®

$454/sqft

$3,330 Estimated rent

Home value

$1,140,300

$1.06M - $1.24M

$3,330/mo

Zestimate^® history

Owner options

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$3,330/mo

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$3,330/mo

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$6,593/mo

Est. payment

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$6,593/mo

Est. payment

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What's special

Well-manicured triplexBus routesDryer hook upsKitchen doors

*** UPDATE - ALL UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW *** An exceptional investment opportunity is now available in the heart of Southern California for an owner-user or investor. Welcome to 12637 Columbia Way, a well-manicured triplex in great condition in the highly desirable community of Downey, situated on a 6,550+ sq ft lot with over 2,100 sq ft of living space. This property consists of 4 bedrooms and 4 bathrooms, 2 units feature 1 bedroom and 1 bathroom and the 3rd unit offers a spacious 2 bedroom 2 bathroom with a lovely patio area accessible through the living room and kitchen, this unit has direct access to an attached garage with washer & dryer hook ups. A second garage is shared by the other 2 units. All units have kitchen doors exiting to the outside, allowing access to the rear walkway which leads to the garages. This prime location is close to major transportation corridors, bus routes, schools, shopping, dining, and other commercial establishments.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Rooms

Room types: Kitchen

Heating

Natural Gas, Wall Furnace

Cooling

None

Appliances

Laundry: None

Features

Ceiling Fan(s), Ceramic Counters, Storage
Flooring: Carpet, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,199
Total interior livable area: 2,199 sqft

Property

Parking

Total spaces: 3
Parking features: Assigned, Garage
Garage spaces: 2

Accessibility

Accessibility features: Parking

Features

Levels: One
Stories: 1
Pool features: None
Spa features: None
Fencing: None
Has view: Yes
View description: None

Lot

Size: 6,551 Square Feet

Details

Parcel number: 6256013017
Zoning: DOR2
Special conditions: Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family

Materials

Stucco
Foundation: Raised
Roof: Composition

Condition

New construction: No
Year built: 1959

Utilities & green energy

Sewer: Public Sewer, Sewer Tap Paid
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Park, Street Lights, Suburban
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Other

Location

Region: Downey

Financial & listing details

Price per square foot: $454/sqft
Tax assessed value: $1,039,359
Date on market: 7/11/2023
Cumulative days on market: 170 days
Listing terms: Cash,Cash to New Loan,Conventional
Tenant pays: Trash Collection, Water
Road surface type: Paved

Price history

Date	Event	Price
2/8/2024	Sold	$999,000$454/sqft
Source: CRMLS #P1-14306 Report a problem
12/27/2023	Pending sale	$999,000$454/sqft
Source: CRMLS #P1-14306 Report a problem
12/11/2023	Contingent	$999,000$454/sqft
Source: CRMLS #P1-14306 Report a problem
8/18/2023	Price change	$999,000-9.2%$454/sqft
Source: CRMLS #P1-14306 Report a problem
7/11/2023	Listed for sale	$1,100,000$500/sqft
Source: Pasadena Foothills MLS #P1-14306 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,039,359 +2%
2025	$13,048 +518.6%	$1,018,980 +872.9%
2024	$2,109 +2.5%	$104,731 +2%
2023	$2,057 +3.9%	$102,678 +2%
2022	$1,980 +5.8%	$100,665 +2%
2021	$1,872 +1.2%	$98,692 +1%
2020	$1,850	$97,681 +2%
2019	$1,850 +9.6%	$95,766 +2%
2018	$1,688	$93,889 +2%
2017	$1,688 +1.7%	$92,049 +2%
2016	$1,659 +3.1%	$90,245 +1.5%
2015	$1,609 +4.7%	$88,891 +2%
2014	$1,536	$87,151 +2.5%
2012	--	$85,058 +2%
2011	--	$83,391 +0.8%
2010	--	$82,768 -0.2%
2009	--	$82,966 +2%
2008	--	$81,341 +2%
2007	--	$79,747 +2%
2006	--	$78,184
2005	--	$78,184 +4%
2004	--	$75,150 +1.9%
2003	--	$73,774 +2%
2002	--	$72,329 +4%
2000	--	$69,522