Wow what a great value add investment in the beautiful city of Downey. This consists of 4-1bedroom/1 bath units.with 2 double car garages. Property shows 4 units on title but is receiving 5 rents with beauty salon in front. Buyer and buyer's agent to do their own due diligence.
This property is being along 8737 Firestone Blvd (3 mix-use units), 8727 Firestone Blvd ( 5 retail units), and 11114 Marbel Ave(3-2br/1bth units).
Properties can be purchased together or individually. Hurry These won't Last. All offers must in by August 7th,2024
Sold for $700,000
Listing Provided by: Keller Williams SELA
Bought with: Keller Williams SELA
Tax assessed value
$700,000
8741 Firestone Blvd, Downey, CA 90241
4beds
4baths
1,780sqft
Quadruplex
Built in 1940
-- sqft lot
$1,100,200 Zestimate®
$393/sqft
$3,055 Estimated rent
Home value
$1,100,200
$979,000 - $1.23M
$3,055/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Victor Ambriz Jr DRE #00952349 victor@ambrizandassociates.net,
Keller Williams SELA
Bought with:
Victor Ambriz Jr, DRE #00952349
Keller Williams SELA
Source: CRMLS,MLS#: DW24152425
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,780
- Total interior livable area: 1,780 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,136 sqft
- Features: Paved
Details
- Parcel number: 6254028026
- Zoning: DOC3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Downey
HOA & financial
Other financial information
- Total actual rent: 3750
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2024 | Sold | $700,000-12.5%$393/sqft |
Source:  CRMLS #DW24152425 Report a problem | ||
| 8/13/2024 | Contingent | $800,000$449/sqft |
Source: CRMLS #DW24152425 Report a problem | ||
| 7/25/2024 | Listed for sale | $800,000$449/sqft |
Source: CRMLS #DW24152425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,480 +349.5% | $700,000 +723.6% |
| 2024 | $2,109 +2.3% | $84,990 +2% |
| 2023 | $2,061 +7.4% | $83,328 +2% |
| 2022 | $1,919 +6.9% | $81,699 +2% |
| 2021 | $1,794 +1% | $80,102 +1% |
| 2020 | $1,776 | $79,284 +2% |
| 2019 | $1,776 +11.5% | $77,735 +2% |
| 2018 | $1,593 | $76,216 +2.3% |
| 2017 | $1,593 +1.8% | $74,526 +2% |
| 2016 | $1,565 +2.9% | $73,066 +1.5% |
| 2015 | $1,521 +3.9% | $71,969 +2% |
| 2014 | $1,464 | $70,560 +2.5% |
| 2012 | -- | $68,865 +2% |
| 2011 | -- | $67,516 +0.8% |
| 2010 | -- | $67,012 -0.2% |
| 2009 | -- | $67,173 +2% |
| 2008 | -- | $65,857 +2% |
| 2007 | -- | $64,566 +2% |
| 2006 | -- | $63,301 |
| 2005 | -- | $63,301 +4% |
| 2004 | -- | $60,844 +1.9% |
| 2003 | -- | $59,730 +2% |
| 2002 | -- | $58,560 +4% |
| 2000 | -- | $56,288 |
Find assessor info on the county website
Neighborhood: 90241
Nearby schools
GreatSchools rating
- 7/10Gallatin Elementary SchoolGrades: K-5Distance: 1.4 mi
- 7/10Doty Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Downey High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$1,100,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,100,200
- California
- Los Angeles County
- Downey
- 90241
- 8741 Firestone Blvd
Nearby cities
Nearby zip codes
Other Downey Topics
