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Closed
- Listed price
- $9,750,000
- Listed Sep 5, 2013
- Sold price
- $9,700,000
- Sold Dec 2, 2013
72,745 sqft lot|1969 Built|40 MLS days on market
12441 Old River School Rd, Downey, CA 90242
Property Description
The Velvet Green Apartments are located on a large corner lot situated on 1.67 acres, directly adjacent to the Los Amigos Country Club. The property features a swimming pool, gym/fi tness room, two B.B.Q. areas, laundry facilities, and securitized access. The units have large open floor plans consisting of one bedroom and two-bedroom units. There is lush landscaping throughout the community, and elevator access to each of the three floors. The property was built in 1969, and has only had two owners during the course of the property’s life. The current owner has recently upgraded the majority of the interiors of the units with granite countertops, wood-laminate flooring, new appliances, paint and carpet among other renovations. The exterior has been renovated as well, with a new modern paint scheme being implemented along with new landscaping and other improvements. Parking consists of carports and open spaces, with 2 parking spaces per unit.
Listing agent: Doug RodermundDRE #01314304dsr@morganskenderian.com, Listing office: Morgan Skenderian
MLS data updated 10/29/2026, 2:42:14 PM PT
Source: CRMLSMLS #: PW13181010
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$9,700,000
Dec 2, 2013
Available records22013
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90242 · Oct 2026
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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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.