Neighborhood
9251 Gainford St, Downey, CA 90240
5 beds · 4 baths · 3,302 sq ft · Lot: 10,265 sq ft · Single Family Home · Last Sold: $968K in 2017 · Built: 1954
Est. Value:
$1.65M
Est. Rent:
$5K/month

9251 Gainford St Downey, CA 90240

5 beds · 4 baths · 3,302 sq ft · Lot Size: 10,265 sq ft · Single Family Home · Downey
Est. Property Value: $1,651,631

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9251 Gainford St is in the Downey neighborhood of Downey, CA. It is located in Los Angeles County and ZIP code 90240. This Single Family Home was built in 1954 and is approximately 71 years old. The single family home spans 3302 sq ft with 5 bedrooms and 4 bathrooms and sits on a 10265 sq ft lot. According to public records, it was last sold in 2017 for $968,000. The Downey area of Downey has 4719 residential homes with an average size of 2166 sq ft. Analyze and compare real estate investment strategies for properties like this home at 9251 Gainford St Downey, CA 90240 with Property Intel by Whitepages.

Investment Potential for 9251 Gainford St

The property has a current estimated value of $1,651,631, which is 77% above the neighborhood median, based on public records. It last sold on January 06, 2017 for $968K. Projected long-term
is $60,600 annually ($5,050 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$60,600 per year($5,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 90240 zip code
 
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Owners & Occupancy for 9251 Gainford St

No contact information is available.

Occupancy

Resident 1***************
Resident 2******************* age 52
Resident 3****************** age 50
Resident 4**************** age 52

Property Details for 9251 Gainford St

Property Details

Property Sq Ft

Living Area

3,302 sq ft

52% above market

Lot Size

10,265 sq ft

40% above market

Price Per Sq Ft

Living Area

$500 / sq ft

7% above market

Lot Size Area

$161 / sq ft

18% above market

Property condition, age, exterior, etc. for 9251 Gainf…
Longitude: -118.110039 Latitude: 33.94756 Parcel Number (APN): 6390-023-007…
Mortgage originated on through lender: Bay Equity Llc for$******View Mortgage Details
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Market Benchmarks

Compare data for 9251 Gainford St in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$1,651,631
$836,803
$814,828 (97%)
$1,068,637
$1,310,974 (123%)
YoY Price Change
Year Built
1954
1981
-27 years
Living Space
3,302 sq ft
2,262 sq ft
1040 (46%)
$ Per Living Sq Ft
$500
$410
$91 (22%)
Lot Size
10,265 sq ft
7,616 sq ft
2649 (35%)
$ Per Lot Sq Ft
$161
$111
$50 (45%)

Net Operating Income
$27,317
-$175 (-1%)
Annual Revenue
$60,600
$45,600
$15,000 (33%)
$17,435
$16,023 (92%)
Net Operating Income
$27,317
-$175 (-1%)
Cap Rate
3.18%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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