8416 Luxor Street

Downey, CA 90241

$1,200,000
Last Sold Price
9
Beds
5
Baths
4,582 Sq. Ft.
$262 / Sq. Ft.
4,582
Sq. Ft.
$262
per Sq. Ft.

Description

Triplex in the city of Downey with 3 separate buildings all with 3 bedrooms each and all with two car garages and lots of parking. Two of the units were built in 1997 and 1999, while the original house was built in in 1952. Unit #1 has 3 Bedrooms 1 Bath and 1,120 sq. ft. built in 1952 and rents for $1950. Unit #2 has 3 Bedrooms 2 Baths and 1,585 sq. ft. built in 1999 and rents for $1950. Unit #3 has 3 Bedrooms 2 Baths 1,877 sq. ft. built in 1999 and rents for $2475. The Lot is 14,743 square feet....Triplex in the city of Downey with 3 separate buildings all with 3 bedrooms each and all with two car garages and lots of parking. Two of the units were built in 1997 and 1999, while the original house was built in in 1952. Unit #1 has 3 Bedrooms 1 Bath and 1,120 sq. ft. built in 1952 and rents for $1950. Unit #2 has 3 Bedrooms 2 Baths and 1,585 sq. ft. built in 1999 and rents for $1950. Unit #3 has 3 Bedrooms 2 Baths 1,877 sq. ft. built in 1999 and rents for $2475. The Lot is 14,743 square feet. Current rents are low and can be increased to reflect market rates.
  1. Listed by Patrick Cassara • DRE #00776543 • Brokerage DRE #01443822 • Keller Williams Coastal Prop.

Property Details for 8416 Luxor Street

Parking Spaces Total
6
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4582
Assessor Parcel Number
6255-027-033
Property Attached YN
false

Location

Listing Courtesy of Keller Williams Coastal Prop., Patrick Cassara, DRE #00776543

Sold By Keller Williams Coastal Prop., Patrick Cassara, DRE #00776543

Add your commute
LISTING UPDATED: 02/16/2021 02:53 AM

Property Details for 8416 Luxor Street

StatusClosed
MLS #PW21012471
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.34 AC / 14,743 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Coastal Prop., Patrick Cassara, DRE #00776543

Sold By Keller Williams Coastal Prop., Patrick Cassara, DRE #00776543

Add your commute

Building Information for 8416 Luxor Street

Stories1Residences-Year Built1952Building Size-Lot Size0.34 AC / 14,743 SF

Payment Calculator

$7,878 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8416 Luxor Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $76,500
  • Net Operating Income: $57,375
  • Financing: Cash
Expense Details
  • Operating Expense: $19,125
  • New Taxes Expense: $15,000
  • Gardener Expense: $1,200
  • Insurance Expense: $1,200
  • Trash Expense: $1,200
  • Water Sewer Expense: $525
  • Total Expenses: $19,125
Tax / Assessment Info
  • Tax Tract Number: 5513
  • Tax Census Tract: 5513.00
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Roof: Composition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,475
  • Unit Type Total Rent: $2,475
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 8416 Luxor 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 8416 Luxor Street

Taxable ValueLand$749,088Additions$499,392Total$1,248,480
Tax Record2023$15,950 ($1,329 / month)
Home Facts
Total Finished SqFt4,582 SqFtAbove Grade Finished SqFt4,582 SqFtStories1Lot Size14,743 SqFtStyleTriplexYear Built1952ZoningDOR2*CountyLOS ANGELESAPN6255-027-033

Schools near 8416 Luxor Street

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

Alameda Elementary School
PublicK to 5

Sussman Middle School
Public6 to 8

Downey 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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Listing Courtesy of Keller Williams Coastal Prop., Patrick Cassara, DRE #00776543

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.