8118 Alameda Street

Downey, CA 90242

$1,200,000
Last Sold Price
7
Beds
4
Baths
4,264 Sq. Ft.
$281 / Sq. Ft.
4,264
Sq. Ft.
$281
per Sq. Ft.

Description

2 houses built in 1988 on a large lot! Front house is 5 bedrooms, 2 bathrooms, over 3,000 sq. ft., and with a two-car attached garage. The home has tile floors downstairs, new carpet upstairs, inside laundry, and central air and heat. The back house has 2 bedrooms, 2 bathrooms, 1,152 sq. ft. living space, and has a two-car attached garage as well. This home also has tile floors, inside laundry, central air and heat, and its own private yard. The front tenant is paying $3,100 and the back tenant is...2 houses built in 1988 on a large lot! Front house is 5 bedrooms, 2 bathrooms, over 3,000 sq. ft., and with a two-car attached garage. The home has tile floors downstairs, new carpet upstairs, inside laundry, and central air and heat. The back house has 2 bedrooms, 2 bathrooms, 1,152 sq. ft. living space, and has a two-car attached garage as well. This home also has tile floors, inside laundry, central air and heat, and its own private yard. The front tenant is paying $3,100 and the back tenant is paying $2,150, but there's potential for much higher rent. One-of-a-kind property situated on a 12,012 sq. ft. lot.
  1. Listed by Michael Berdelis • DRE #01234589 • Brokerage DRE #01220332 • 24 Hour Real Estate

Property Details for 8118 Alameda Street

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4264

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

Sold By BROADWAY REALTY, INC., HUGO LAM, DRE #02037911

Add your commute
LISTING UPDATED: 08/09/2021 09:18 AM

Property Details for 8118 Alameda Street

StatusClosed
MLS #DW20259404
Days on Market165
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.28 AC / 12,012 SF
CountyLos Angeles County

Location

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

Sold By BROADWAY REALTY, INC., HUGO LAM, DRE #02037911

Add your commute

Virtual Tour

Building Information for 8118 Alameda Street

Stories1Residences-Year Built1988Building Size-Lot Size0.28 AC / 12,012 SF

Payment Calculator

$7,826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,277

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8118 Alameda Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $61,800
  • Gross Scheduled Income: $61,800
  • Net Operating Income: $38,586
  • Gross Multiplier: 21.0
  • Cap Rate: 2.97
  • Financing: Conventional
Expense Details
  • Operating Expense: $23,214
  • New Taxes Expense: $14,614
  • Gardener Expense: $800
  • Pest Control Expense: $1,200
  • Insurance Expense: $2,000
  • Trash Expense: $1,000
  • Water Sewer Expense: $3,600
  • Total Expenses: $23,214
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: 22026
  • Tax Census Tract: 5512.01
  • Tax Lot: D
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Inside
  • Room Type: Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, See Remarks
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: See Remarks
  • Fireplace Rooms: Other
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Virtual Tour URL Branded: https://youtu.be/777cJytM1c0
  • Virtual Tour URL Unbranded: https://youtu.be/7F2esWnI5jo
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition, Shingle
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Raised
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard
  • Direction Faces: Northeast
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Auto Driveway Gate, Driveway - Combination, Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Auto Driveway Gate, Driveway - Combination, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 8118 Alameda Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8118 Alameda Street

Taxable ValueLand$612,000Additions$612,000Total$1,224,000
Tax Record2023$15,329 ($1,277 / month)
Home Facts
Total Finished SqFt4,264 SqFtAbove Grade Finished SqFt4,264 SqFtStories1Lot Size12,012 SqFtStyleDuplexYear Built1988ZoningDOR15000*CountyLOS ANGELESAPN6259-007-053

Schools near 8118 Alameda Street

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Imperial Elementary School
PublicK to 3

Old River Elementary School
Public4 to 5

West Middle School
Public6 to 8

Warren High School
Public9 to 12

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

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 24 Hour Real Estate, Michael Berdelis, DRE #01234589

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.