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Backup Offers

11114 Marbel Ave, Downey, CA, 90241

$800,000

Home List Price

$9,500*

Closing Credit

0 Baths
Multi

Location

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11114 Marbel Ave, Downey$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage4 spaces
Year Built1941
MLS #DW24152448
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 11114 Marbel Ave

Wow what a great value add investment in the beautiful city of Downey. This consists of 3- 2bedroom/ 1 bath each with 2 double car garages. Buyer and buyer's agent to do their own due diligence. This property is part of a portfolio. Also for sale are 8737 Firestone Blvd (3 mix-use units), 8727 Firestone Blvd ( 5 retail units), and 11114 Marbel Ave(3-2br/1bth units). Hurry These won't Last. Please do not bother tenants.write offer subject to inspection.All offers to be by August 7,2024.AGENTS THIS PROPERTY IS TENANT OCCUPIED. ALL OFFERS ARE SUBJECT TO INTERIOR INSPECTION. PLEASE DO NOT ASK FOR APPOINTMENT TO THE UNITS. PROPERTY IS BEING SOLD WITH TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams SELA
  • Office Email: victor@ambrizandassociates.net
  • Listing Agent: Victor Ambriz Jr

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

School Info

Assigned Schools Information:

  • Downey High School, Public District Grades 9-12
  • Doty Middle School, Public District Grades 6-8
  • Gallatin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: west of Lakewood and north of Firestone

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000

Tax Information:

  • Annual Amount: $2,218
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Downey, CA.

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Downey, CA

City

Med. Sold Price

$831.3K

Med. Price/SqFt

$552

Avg. Days On Market

33

# of Sold Homes

31

11114 Marbel Ave vs Downey

44 DAYS ON ROCKET

+11 Days

$800,000

-$31.3K Less

KEY TAKEAWAY

This property is $31.3K less than the Median Sold Price in Downey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24152448

Listing Office:

  • Office Name: Keller Williams SELA
  • Office Email: victor@ambrizandassociates.net
  • Listing Agent: Victor Ambriz Jr

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,218$120,221
2020$2,169$118,989
2019$1,985$116,657
2018$1,953$114,371
2017$1,953$112,130

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1095613
6
/10

  • Gallatin Elementary School

  • 9513 Brookshire Ave

  • 1.38 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1095614
7
/10

  • Doty Middle School

  • 10301 Woodruff Ave

  • 0.78 miles

  • Public District Grades 6-8

High School

school-card-donut-1095615
8
/10

  • Downey High School

  • 11040 Brookshire Ave

  • 0.28 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,963. The majority of Downey, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Downey›90241›11114 Marbel Ave

This home is located at 11114 Marbel Ave in Downey, CA and zip code 90241 in the The Southeast neighborhood. This home, which was built in 1941, sits on a 0.22 acre lot. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $800,000.

In August 2024 more than 17 listings in Downey, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 7 were sold below. The number of listings in Downey, CA increased by 8.7% between July 2024 and August 2024. In August 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $831,375.

From Rocket Homes Real Estate and based on county public records data.

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