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12340 Lakewood Boulevard, Downey, CA 90242 Property Information

12340 Lakewood Boulevard, Downey, CA 90242 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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12340 Lakewood Boulevard, Downey, CA 90242
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Address

Primary address 12340 Lakewood Boulevard, Downey
Zip code 90242
County Los Angeles
Municipality Downey

Sales & Tax Overview for 12340 Lakewood Boulevard, Downey

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/12/2019
Sale price $7,550,000
Arm's length
Current property tax $84,365

Lot & Building Information for 12340 Lakewood Boulevard, Downey

Building sqft 15,464
Building class Motel - Under 50 Rooms - 2 to 5 Stories (1822)
Acreage 0.47
Units 49
Year built 1964
Year last altered 1972
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Downey Unified School District

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Other Property Data for 12340 Lakewood Boulevard, Downey

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About 12340 Lakewood Boulevard, Downey

How many sq. ft. does 12340 Lakewood Boulevard, Downey, CA 90242 have & what is the price per sq. ft?

This Motel - Under 50 Rooms - 2 to 5 Stories (1822) located at 12340 Lakewood Boulevard, Downey, CA 90242 has a total of 15,464 square feet and a current price per square foot of $488.

What is the year built & the current market value of 12340 Lakewood Boulevard, Downey, CA 90242?

12340 Lakewood Boulevard, Downey, CA 90242 was built in 1964 and has a current tax assessor's market value of $6,495,661.

How many commercial spaces does this building have?

This building has 49 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 12340 Lakewood Boulevard, Downey

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Purchase date Purchase price Buyer name Seller name
12/12/2019 $7,550,000
10/24/2018 $7,500,000
       
       
       
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Title Documents for 12340 Lakewood Boulevard, Downey

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
12/12/2019 Financing Statement
12/12/2019 Financing Statement
12/12/2019 Assignment of Rents
12/12/2019 Assignment of Rents
Financing Statement
Trust Deed
12/12/2019 Grant Deed
(Sale for consideration - full DTT - 3 parcels in multiple sale)
10/24/2018 Agreement
10/24/2018 Assignment of Rents
10/24/2018 Assignment of Rents
Financing Statement
Trust Deed
10/24/2018 Grant Deed
(Sale for consideration - full DTT - 3 parcels in multiple sale)
10/23/2017 Reconveyance
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R: Recorded date
D: Document date

Property Taxes for 12340 Lakewood Boulevard, Downey

Access detailed property tax data for 12340 Lakewood Boulevard, Downey, CA 90242. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $77,487
Current property tax $84,365
Market value $6,495,661

Special Assessments And Penalties for 12340 Lakewood Boulevard, Downey

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
35071 Central Basin Mwd Standby Charge
06202 County Sanitation District #2
14358 Downey Light District Zone L
14354 Downey Lighting District Zone Ii
14353 Downey Safety Lighting Zone Iii

Assessment History for 12340 Lakewood Boulevard, Downey

Here's the assessment & property tax history for 12340 Lakewood Boulevard, Downey, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $6,495,661 1.1929 $77,487 +1.61%
2024-2025 $6,368,296 1.1975 $76,260 +3.72%
2023-2024 $6,243,429 1.1776 $73,523 +5.53%
2022-2023 $6,121,010 1.1382 $69,669 +1.74%
2021-2022 $6,000,991 1.1411 $68,477 +1.61%

Permits for 12340 Lakewood Boulevard, Downey

The complete history of permits filed for 12340 Lakewood Boulevard, Downey, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Data not available for this property.

Downey residential market stats

Median Sale Price
$833,000
-2% YoY
Median Price/Sqft
$557
3.1% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Downey so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Downey and compare it to other neighborhoods in Los Angeles County.

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Demographics by Zip Code

Total population 40,767
Median age 37.7
Average household income $109,756
Family households 78.0%
Occupied housing units 12,419
Owner occupied units 53.4%
Average number of people per household 3.23
Median year structure built 1959
Median value for units with a mortgage $790,000
Median value for units without a mortgage $687,300

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 12340 Lakewood Boulevard, Downey

Here are the neighbors for 12340 Lakewood Boulevard, Downey.

Address Square feet Purchase date Purchase price
12410 Rose Ave, Downey 2,865 10/20/2022
12409 Columbia Way, Downey 3,016 04/19/2007
9111 Columbia Way, Downey 2,644 10/06/2016
9449 Imperial Hwy, Downey 115,482
12351 Bellflower Blvd, Downey 8,640
12345 Bellflower Blvd, Downey
12323 Bellflower Blvd, Downey 30,030
12355 Bellflower Blvd, Downey 620
12300 Lakewood Blvd, Downey 5,332 07/27/1994
12510 Columbia Way, Downey 18,140 09/16/2020
12355 Columbia Way, Downey 3,125 11/20/2012
12365 Bellflower Blvd, Downey 30,030
12400 Rose Ave, Downey 2,443 07/16/2021
12417 Columbia Way, Downey 3,120 10/31/2023
12430 Rose Ave, Downey 2,645 10/11/2019
12416 Rose Ave, Downey 3,392 12/24/2007 $800,000
12420 Rose Ave, Downey 3,392 07/27/2021
9151 Imperial Hwy, Downey 128,412 05/08/1997
12349 Columbia Way, Downey 12/12/2019 $7,550,000
12419 Columbia Way, Downey 900 12/12/2023

Nearby ZIP Codes for 12340 Lakewood Boulevard, Downey

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