8741 Firestone Blvd

4
Baths
1,780 Sq. Ft.
$393 / Sq. Ft.
1,780
Sq. Ft.
$393
per Sq. Ft.

Description

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....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
  1. Listed by Victor Ambriz Jr • DRE #00952349 • Brokerage DRE #01978349 • Keller Williams SELA • victor@ambrizandassociates.net

Property Details for 8741 Firestone Boulevard

Parking Spaces Total
4
Private Pool
No
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1780
Assessor Parcel Number
6254-028-026
Property Attached YN
false
LISTING UPDATED: 11/07/2024 09:34 AM

Property Details for 8741 Firestone Boulevard

StatusClosed
MLS #DW24152425
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.14 AC / 6,136 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams SELA, Victor Ambriz Jr, DRE #00952349

Sold By Keller Williams SELA, Victor Ambriz Jr, DRE #00952349

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Building Information for 8741 Firestone Boulevard

Stories1Residences-Year Built1940Building Size-Lot Size0.14 AC / 6,136 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$4,187 per month

30 year fixed, 6.11% Interest

Principal and Interest

$3,397

Property Taxes

$790

HOA Dues

$0

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Property Information for 8741 Firestone Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $45,000
  • Gross Scheduled Income: $45,000
  • Net Operating Income: $31,500
  • Financing: Cash
Expense Details
  • Operating Expense: $13,500
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $13,500
Tax / Assessment Info
  • Tax Tract Number: 11399
  • Tax Census Tract: 5509.01
  • CFD/Mello-Roos Fee: $1,080
  • Tax Lot: 15
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Paved
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $750
  • Unit Type Total Rent: $750
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $650
  • Unit Type Total Rent: $650
  • Unit Type Pro Forma: 800
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 8741 Firestone Boulevard

DateEvent & SourcePriceAppreciation
Nov 6, 2024

Sold

SDMLS #DW24152425

$700,000—
Nov 6, 2024

Sold

CRMLS #DW24152425

$700,000—
Nov 6, 2024

Sold

CLAW #DW24152425MR

$700,000—
Aug 28, 2024

Sold (Public Record)

Public Record #1544005869

$700,000—
Aug 12, 2024

Pending

CLAW #DW24152425MR

—
Aug 12, 2024

Accepting Backup Offers

CLAW #DW24152425MR

—
Aug 12, 2024

Accepting Backup Offers

CRMLS #DW24152425

—
Aug 12, 2024

Pending

SDMLS #DW24152425

—
Jul 24, 2024

Listed (Active)

CRMLS #DW24152425

$800,000—
Jul 17, 2024

Listed (Active)

SDMLS #DW24152425

$800,000—
Jul 17, 2024

Listed (Active)

CLAW #DW24152425MR

$800,000—
DateEvent & SourcePrice
11/06/2024

Sold

SDMLS #DW24152425

$700,000
11/06/2024

Sold

CRMLS #DW24152425

$700,000
11/06/2024

Sold

CLAW #DW24152425MR

$700,000
08/28/2024

Sold (Public Record)

Public Record #1544005869

$700,000
08/12/2024

Pending

CLAW #DW24152425MR

—
08/12/2024

Accepting Backup Offers

CLAW #DW24152425MR

—
08/12/2024

Accepting Backup Offers

CRMLS #DW24152425

—
08/12/2024

Pending

SDMLS #DW24152425

—
07/24/2024

Listed (Active)

CRMLS #DW24152425

$800,000
07/17/2024

Listed (Active)

SDMLS #DW24152425

$800,000
07/17/2024

Listed (Active)

CLAW #DW24152425MR

$800,000

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

Public Records for 8741 Firestone Boulevard

Taxable ValueLand$440,000Additions$260,000Total$700,000
Tax Record2025$9,480 ($790 / month)
Home Facts
Total Finished SqFt1,780 SqFtAbove Grade Finished SqFt1,780 SqFtLot Size6,151 SqFtStyleQuadraplexYear Built1940ZoningDOC3YYCountyLOS ANGELESAPN6254-028-026

Schools near 8741 Firestone Boulevard

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Gallatin Elementary School
PublicK to 5

Doty Middle School
Public6 to 8

Downey High School
Public9 to 12

Woodruff Academy
Public7 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams SELA, Victor Ambriz Jr, DRE #00952349

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.