7940 DE Palma St
Downey, CA 90241
2 bd 1 ba 808 sqft Built 1950 Lot 5,464 sqft single_family
Most recent sale
$655,000
Jan 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 19, 2022 | Sold | $655,000 | MLS #DW21265482 |
| Dec 28, 2021 | Relisted | $599,000 | MLS #DW21265482 |
| Dec 17, 2021 | Listed | $599,000 | MLS #DW21265482 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $139,017 | $556,072 | $695,089 | $8,721 |
| 2024 | $139,017 | $556,072 | $695,089 | $8,600 |
| 2023 | $133,620 | $534,480 | $668,100 | $8,303 |
| 2022 | $28,155 | $41,552 | $69,707 | $1,066 |
| 2021 | $27,603 | $40,738 | $68,341 | $1,023 |
| 2020 | $27,320 | $40,321 | $67,641 | $1,008 |
| 2019 | $26,785 | $39,531 | $66,316 | $997 |
| 2018 | $26,260 | $38,756 | $65,016 | $906 |
| 2017 | $25,746 | $37,997 | $63,743 | $888 |
| 2016 | $25,242 | $37,252 | $62,494 | $866 |
| 2015 | $24,863 | $36,693 | $61,556 | $852 |
| 2014 | $24,376 | $35,975 | $60,351 | $820 |
| 2013 | $24,266 | $35,813 | $60,079 | $802 |
| 2012 | $23,791 | $35,111 | $58,902 | $792 |
| 2010 | $23,151 | $34,166 | $57,317 | $770 |
| 2009 | $23,207 | $34,248 | $57,455 | $755 |
| 2008 | $22,752 | $33,577 | $56,329 | $728 |
| 2007 | $22,306 | $32,919 | $55,225 | $711 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
808 sqft
Lot size
5,464 sqft
ZIP code
90241
City
Downey
Street
DE Palma St
Coordinates
33.93651, -118.14469
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,586
Gross rental yield
4.74%
Implied cap rate
3.08%
Trend-extrapolated value
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Frequently asked questions
When did 7940 DE Palma St last sell?
7940 DE Palma St most recently sold on Jan 19, 2022 for $655,000.
What is the current tax assessment for 7940 DE Palma St?
The most recent total assessment for 7940 DE Palma St (year 2025) is $695,089 with $8,721 in property tax.
How does 7940 DE Palma St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $655,000.
When was 7940 DE Palma St built?
7940 DE Palma St was built in 1950.
How does 7940 DE Palma St compare to others on DE Palma St?
We track 8 other properties on DE Palma St. Browse the list under "Other properties on DE Palma St" to compare beds, baths, and sale history.
What are the property facts for 7940 DE Palma St?
7940 DE Palma St is a 2 bed, 1 bath, 808 sqft, 5,464 sqft lot single_family.
Is 7940 DE Palma St a flip candidate?
No — 7940 DE Palma St does not appear in our flips dataset.
Is 7940 DE Palma St a tax-appeal candidate?
No — 7940 DE Palma St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.8%
Implied 1-yr
+27.3%
2026 Q3
$1.41M
2026 Q4
$1.47M
ZIP 90241 — Median Price History + Forecast
Explore nearby
Geography
Other properties on DE Palma St