9231 Washburn Road

Description
- Listed by: Doug Rodermund DRE #01314304 Brokerage DRE #01220368 • Morgan Skenderian
Recent comparable sales
Median sold price
$1,750,000
Avg days on market
32
Sale-to-list ratio
97.6%
Downey, CA
9 comparable properties found
Location
Sold By Morgan Skenderian, Doug Rodermund, DRE #01314304
Payment Calculator
$53,914 per month
30 year fixed, 6.71% Interest
$43,924
$9,990
$0
Property Information for 9231 Washburn Road
- MLS Type: Residential Income
- County: Los Angeles County
- Parking Spaces Total: 45
- Private Pool: No
- Total Units: 33.0
- Building Type: Detached
- Lot Size Source: Assessor
- Living Area: 25526
- Assessor Parcel Number: 6284-022-012
- Property Attached YN: false
- Common Walls: No Common Walls
- New Construction: No
- Average Studio Area Units: Square Feet
- Average 1 Bed Area Units: Square Feet
- Average 2 Bed Area Units: Square Feet
- Average 3 Bed Area Units: Square Feet
- Building Area Total: 25526
- Building Area Units: Square Feet
- Pool: No
- Zoning: DOR15000*
- Senior Community: No
- Parcel Number: 6284022012
- Area: Southwest Downey, S of Firestone, W of Downey (D3)
- Directions: South of Stewart and Gray Road & East of Bellflower Blvd.
- Year Built: 1964
- Lot Size: 1.00 AC / 43,560 SF
- Gross Income: $6,000
- Gross Scheduled Income: $556,560
- Vacancy Allowance: 16697
- Vacancy Allowance Rate: 3
- Gross Operating Income: $539,863
- Net Operating Income: $362,201
- Laundry Income: $6,000
- Gross Multiplier: 15.36
- Cap Rate: 4.2
- Financing: Cash To Existing Loan
- Operating Expense: $177,662
- Operating Expense Percent: 31.90%
- New Taxes Expense: $99,913
- Gardener Expense: $2,400
- Fuel Expense: $0
- Pest Control Expense: $1,200
- Electric Expense: $0
- Insurance Expense: $8,535
- Maintenance Expense: $25,000
- Professional Management Expense: $0
- Workmans Compensation Expense: $11,880
- Other Expense: $23,000
- Other Expense Description: Utility
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $177,662
- Tax Tract Number: 0
- Tax Census Tract: 5511.02
- Tax Lot: 10
- Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
- Laundry: Yes
- Laundry Features: Community
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 31-35 Units/Acre
- Number Of Units: 33
- Land Lease: No
- Land Lease Type: Fee
- Water: Meter on Property
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Uncovered Spaces: 14
- Open Other Spaces Total: 14
- Parking Garage Spaces: 0
- Carport Spaces: 31
- Unit Type Units Total: 5
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,250
- Unit Type Total Rent: $6,250
- Unit Type Pro Forma: 1475
- Unit Type Type: 1
- Unit Type Units Total: 27
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,401
- Unit Type Total Rent: $37,830
- Unit Type Pro Forma: 1795
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2195
- Unit Type Type: 3
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 34
- Number Of Separate Gas Meters: 34
- Number Of Separate Water Meters: 1
Property History for 9231 Washburn Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 19, 2020 | Sold SDMLS #PW19232172 | $8,500,000 | — |
| Feb 19, 2020 | Sold CLAW #PW19232172MR | $8,500,000 | — |
| Feb 19, 2020 | Sold CRMLS #PW19232172 | $8,500,000 | — |
| Dec 20, 2019 | Pending CLAW #PW19232172MR | — | |
| Dec 20, 2019 | Pending CRMLS #PW19232172 | — | |
| Dec 4, 2019 | Price Change SDMLS #PW19232172 | $8,550,000 | — |
| Dec 4, 2019 | Price Change CRMLS #PW19232172 | $8,550,000 | — |
| Sep 30, 2019 | Listed (Active) CRMLS #PW19232172 | $8,695,000 | — |
| Sep 30, 2019 | Listed (Active) CLAW #PW19232172MR | $8,695,000 | — |
| Sep 30, 2019 | Listed (Active) SDMLS #PW19232172 | $8,695,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/19/2020 | Sold SDMLS #PW19232172 | $8,500,000 |
| 02/19/2020 | Sold CLAW #PW19232172MR | $8,500,000 |
| 02/19/2020 | Sold CRMLS #PW19232172 | $8,500,000 |
| 12/20/2019 | Pending CLAW #PW19232172MR | — |
| 12/20/2019 | Pending CRMLS #PW19232172 | — |
| 12/04/2019 | Price Change SDMLS #PW19232172 | $8,550,000 |
| 12/04/2019 | Price Change CRMLS #PW19232172 | $8,550,000 |
| 09/30/2019 | Listed (Active) CRMLS #PW19232172 | $8,695,000 |
| 09/30/2019 | Listed (Active) CLAW #PW19232172MR | $8,695,000 |
| 09/30/2019 | Listed (Active) SDMLS #PW19232172 | $8,695,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 9231 Washburn Road
Schools near 9231 Washburn Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 10 |
Rating | School | Distance |
|---|---|---|
Gauldin Elementary School PublicK to 5 | ||
Doty Middle School Public6 to 8 | ||
Downey High School Public9 to 12 | ||
Downey Unified Virtual Academy at Lynn L. Pace Edu Public7 to 10 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 90242
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 9231 Washburn Road, Downey, CA 90242 | $8,500,000 | 6 | 34 | 25,526 | 43,560 |
– | – | 40 | 22,679 | 39,778 | |
$2,700,000 | – | 16 | 14,646 | 50,927 | |
$365,000 | 3 | 1 | 884 | 5,434 | |
– | – | 12 | 5,542 | 9,615 | |
$680,000 | 3 | 1 | 1,084 | 5,369 | |
– | – | 4 | 2,595 | 9,612 | |
– | – | 42 | 29,629 | 37,257 | |
$260,000 | 2 | 2 | 1,046 | – | |
$369,000 | 2 | 2 | 904 | – | |
$600,000 | 3 | 3 | 1,506 | 19,945 | |
$380,000 | 3 | 3 | 1,506 | – | |
– | 3 | 3 | 1,506 | – | |
$399,000 | 3 | 3 | 1,506 | – | |
– | – | 8 | 4,496 | 5,340 | |
$505,000 | 2 | 2 | 907 | 19,826 |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Morgan Skenderian, Doug Rodermund, DRE #01314304
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, 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.








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