10 days on rocket

8020 Olive Ln, Downey, CA, 90241

$869,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,322 SqFt
$374/SqFt
Townhouse

Location

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8020 Olive Ln, Downey$869,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage
Attached Garage2 spaces
Year Built2017
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNeighborhood
MLS #PW24225994
Lot Size0.02 Acres
StatusActive

About 8020 Olive Ln

Beautiful townhouse in a quiet, BEST INTERIOR LOCATION at the Centerpointe. 4 spacious bedroom, 3.5 bathroom split level with 2 car attached garage. The first floor features with a master suite, full private bathroom, and walk-in closet. The second floor boast a bright and open floor plan with high ceilings, updated airy kitchen, a convenient island for cooking and dining, a walk-in pantry, with stainless appliances. Also a well-appointed half bathroom caters to guests. The third floor includes another Master bedroom with a large master bathroom featuring double vanity, walk-in shower and spacious walk-in closet. Two additional bedrooms, another full bathroom and the laundry room are on this floor. Recess lights throughout the house. Commuter’s dream location near the freeways, close to shopping, restaurants, and Downtown Downey. Low association dues ($196.00) include fire insurance/all outside maintenance. A MUST SEE!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2017
  • Stories: 3
  • Living Area: 2,322 SqFt

Listing Office:

  • Office Name: Sunny Hills Real Estate, Inc.
  • Office Phone: (562) 774-7752
  • Listing Agent: Chong Kim

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Tankless Water Heater
  • Flooring Type: Carpet, Laminate
  • Interior: Breakfast Bar, High Ceilings, Pantry, Recessed Lighting, Bedroom on Main Level, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Paramount Blvd and 7th Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,000
  • Price Per SqFt: $374/SqFt

HOA Fees:

  • Amount: $196
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,760
  • 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

$835.3K

Med. Price/SqFt

$550

Avg. Days On Market

38

# of Sold Homes

21

8020 Olive Ln vs Downey

10 DAYS ON ROCKET

-28 Days

$869,000

+$33.6K More

$374/SqFt

-$176 Less

KEY TAKEAWAY

This property is $33.6K more than the Median Sold Price and $176/SqFt less than other homes in Downey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24225994

Listing Office:

  • Office Name: Sunny Hills Real Estate, Inc.
  • Office Phone: (562) 774-7752
  • Listing Agent: Chong Kim

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: 11/17/2024, 7:20:51 AM 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$7,760$647,525
2020$7,548$640,886
2019$7,272$628,320
2018$1,543$616,000
2017$1,543$116,892

History based on county public records data.

Payment Calculator

$4,601

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,672

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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.

Nearby Schools

school-card-donut-416462
6
/10

  • Rio Hondo Elementary

  • 7731 Muller St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-416463
8
/10

  • Williams Elementary

  • 7530 Arnett St

  • 0.86 miles

  • Public District Grades KG-3

school-card-donut-416464
7
/10

  • Price Elementary

  • 9525 Tweedy Ln

  • 0.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,826. The majority of Downey, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8020 Olive Ln

What is the listing price of this property?

The listing price of 8020 Olive Ln property is $869,000.

What type of property is this?

The property 8020 Olive Ln is a townhouse located in Downey, California, 90241.

Is this property for sale now?

Active Listing: 8020 Olive Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,760 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8020 Olive Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8020 Olive Ln is 2,322 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8020 Olive Ln is 2017.

Rocket Homes›California›Los Angeles County›Downey›90241›8020 Olive Ln

This home is located at 8020 Olive Ln in Downey, CA and zip code 90241 in the The Southeast neighborhood. This 2,322 square foot home, which was built in 2017, sits on a 0.02 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $869,000.

In October 2024 more than 10 listings in Downey, CA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 7 were sold below. Between September 2024 and October 2024, Downey, CA real estate market has seen increase in the number of listings by 2.8%. The median list price of listings available in October 2024 was $835,333, while the average time on the real estate market was 38 days.

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

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