Owner
$930,897
7547 CLEARGROVE DR, DOWNEY, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,334
property type
Single Family Residential
hoa
No
About
Residential
Building Quality B
Good Condition
Living Area
Attached Garage
1 Story
Central
Wood
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1953
Building Size
1,334 sq ft
Lot Size
6,120 sq ft
Lot Size (Acres)
0.14 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
6366-022-015
County
Los Angeles County, CA
Metro Area
Los Angeles-Long Beach-Anaheim, CA
Zoning
DOR106
Neighborhood/Subdivision
17438
Lot Number
142
School District
Downey Unified School District
Legal Description
TRACT # 17438 LOT/SEC 142
Tax & Value Information
Market Value (Total)
—
Building Value
—
Land Value
—
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$373,903
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$36,021
Return on Investment
15.60%
After Repair Value
$1,023,987
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$837,807
Renovation Cost
$46,545
Closing Costs (buying)
$16,756
Holding Costs
$25,418
Selling Costs
$61,439
Total Investment
$230,862
After Repair Value (ARV)
$1,023,987
Total Costs
$987,966
Estimated Profit
$36,021
Cash Invested
$214,106
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area