I605 Corridor Improvement Project- How it affects you & What can you do??

With the announcement of the I605 Corridor enhancement projects, many are left with questions.

First and Foremost, Did you know you can negotiate the price for your home? The first step is getting informed and knowing the true value of your home. As your neighbor and Realtor, I can prepare an Updated Market Analysis for you to know exactly what your home is worth. This is FREE of Charge and Can be delivered Contact Free via Text, A Paper Copy to your doorstep or by email.
To request:
text 562-215-4512 the words CMA and your address
call 562-215-4512 and request a CMA by phone.
Email: Georgette@Solanosinc.com put CMA in the subject line and your address in the body. Please include any recent upgrades, work or even if you have an ADU/Guest House etc. I will get the figures to you ASAP.

And while that’s all well and great, I’m sure you want to know WHAT OPTIONS DO I HAVE?

The announcement left some residents feeling, well powerless when it comes to realizing that Eminent Domain can strike at any time. Others are wondering what is Eminent Domain?

As your Neighbor and Realtor, I have put together some resources to help you understand what is happening, what it means to your property and who you can contact to make your voice HEARD.

Eminent Domain – Downey
As you may have all seen the news, The 5 Freeway Expansion project affects homes adjacent to the freeway in a process known as Eminent Domain.

As a Downey Resident and Realtor, I am reaching out to you as this affects us all.

My goal is to provide you, my neighbors resources and information to make decisions that are best for you whether you want to fight this proposal or relocate.

What you may or may not know is, you can negotiate the price/value of your home. I will help you with the tools and resources to prepare you.

In the interim, I can provide you the current value of your home using multiple approaches so when in that position, you have every tool and resource available to get the best value for your home and understand how these amounts are calculated.

Simply request a Home Value Report directly from me, I’ll have that to you asap. By finding out what your home is worth doesn’t mean you agree with this proposal but it puts you in a better position to negotiate if you have to. You can also get your own appraisal to support your value if you and the City are not in a position of agreement.

I will continue to put together resources as to what you can do to fight this proposal. As residents, we have to get organized and know where to find information to help us.

As your Neighbor, Resident and Local Realtor in District 3, I am always here to help.

We are in this together,


Georgette Solano, Broker Realtor
DRE#01817587 NMLS#1012744

Articles with links below:

I 605 Corridor Improvement Project
Highlights

‘’The chart above lists the number of parcels that Metro/Caltrans would purchase – including 360+ full acquisitions, 320+ partial acquisitions, and 540+ easements. Though there are impacts throughout the project, the lion’s share of the sites torn down are concentrated in the city of Downey. About two-thirds of full acquisitions would be in Downey, as well as about half of partial acquisitions.

The main source of the 605 CIP planned destruction through Downey is not actually along the 605 Freeway, but is more focused along the 5 Freeway.’’

Read more below:

https://la.streetsblog.org/2020/10/02/metro-plans-to-take-out-200-downey-homes-to-widen-5-and-605-freeways/

Info About eminent domain

https://www.ownerscounsel.com/when-can-property-owners-challenge-eminent-domain/

Downey Planning Commission

https://www.downeyca.org/our-city/commissions-boards-task-force/planning-commission

Downey Successor Agency/ Oversight Board
https://www.downeyca.org/our-city/commissions-boards-task-force/successor-agency-oversight-board

Public Comment

Individuals can submit their public comment to be read into the record at a Planning Commission meeting. Planning Commission Meeting public comments for any item on the agenda or non-agenda public comment can be sent to PCPublicComment@downeyca.org.

Our representative is Lucille Roybal Allard.
https://roybal-allard.house.gov/district/

The district is currently represented by Democrat Lucille Roybal-Allard. The district includes Downey, East Los Angeles, Commerce, Paramount, Bell, Bell Gardens, Bellflower, Cudahy, Huntington Park, Maywood, and the neighborhoods of Florence, Florence-Graham, Historic South Central and South Park, in South Los Angeles.

Mayor Blanca Pacheco,

https://www.downeyca.org/our-city/mayor-city-council/blanca-pacheco-of-district-1

What District are you located in?

https://downeyca.maps.arcgis.com/apps/opsdashboard/index.html#/87d77a31152c4cdab701eab85fdf2637


5 Freeway project/ Eminent Domain affects Districts 3 and 4.

Council Members Rick Rodriguez and Claudia Frometa until 12/2020

this may change with elections 11/2020


https://www.downeyca.org/our-city/mayor-city-council/rick-rodriguez-of-district-3


https://www.downeyca.org/our-city/mayor-city-council/claudia-m-frometa-of-district-4