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Closed
- Listed price
- $9,225,000
- Listed May 12, 2015
- Sold price
- $9,100,000
- Sold Oct 21, 2015
53,288 sqft lot|1964 Built|120 MLS days on market
12130 Old River School Rd, Downey, CA 90242
Property Description
The Country Club Apartments is comprised of 19 one bedroom and 30 two bedroom units. This 49-unit apartment complex has been privately managed and has substantial reposition potential. The rents are approximately 15% below market and approximately 10% below the stabilized current asking rents. The property boasts a large sparkling pool, onsite parking, and owned onsite laundry facilities. Approximately half of the units are exquisitely upgraded. This is a prime candidate for an astute investor to increase rents and build value through professional management and continued upgrading of the units. Please note that unit 1A is non-conforming.
Listing agent: Chris KeramatiDRE #01702116chris@investmentpropertygroup.com, Listing office: Investment Property Group
MLS data updated 10/30/2026, 10:02:00 PM PT
Source: CRMLSMLS #: PW15101379
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$9,100,000
Oct 21, 2015
Available records22015
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90242 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90242 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.