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Closed
- Listed price
- $3,490,000
- Listed Jun 27, 2011
- Sold price
- $2,400,000
- Sold May 3, 2012
01959 Built|269 days listed
8780 STAMPS, Downey, CA 90240
Property Description
The subject property consisits of two adjacent apartment buildings (20 units & 6 units) currently being managed and operated together. The property is 100% occupied, located in an excellent rental location, and has been well-maintained by the current owner. Being situated on two parcels, a buyer will have potential break-up value in the future if they sell them off individually. A buyer will assume the in-place, 10-year fixed rate loan at the very appealing rate of 5.14%.
Listing agent: Doug RodermundDRE #01314304dsr@morganskenderian.com, Listing office: Morgan Skenderian
MLS data updated 10/19/2026, 3:29:15 AM PT
Source: CRMLSMLS #: P787149
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,400,000
May 3, 2012
Available records32011–2012
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 90240 · 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 90240 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
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.