$680,000 Price Analysis   ♡   Downey, CA 90241 3 bed 1 bath 1,070 SqFt ($635/SqFt) 7,524SqFt lot. Built 1950 Listed 2024-05-10, Taxes $1,182 | Ⓧ USDA Ineligible due to location near Downey |
Welcome to an awesme investment opportunity in the heart of Downey!
* Sale Pending *Nestled in one of the most coveted areas, this property presents an exciting prospect for savvy investors seeking to revitalize and unlock its full potential. Although the property is currently in need of some work, it sits upon a generous expanse of land, boasting a substantial lot that whispers promises of unlimited possibilities.
With its ample space and prime location, envision the creation of a stunning oasis or perhaps the development of multiple units, subject to city approval, to maximize returns. Seize the chance to transform this dia mond in the rough into a shining gem, capitalizing on the allure of Downey's highly desirable neighborhood. Whether you're a seasoned investor or a newcomer eager to make your mark in the real estate market, this property offers an exceptional canvas upon which to craft your vision.
Property MLS #DW24093763 from CRMLS
Bedrooms On Main Level: 3
Full Bathrooms: 1
Bathrooms On Main Level: 1
Lot Size Acres: 0.1727273
Lot Size Source: Assessor
Lot Size Square Feet: 7524
Garage Description: Detached
Parking Total: 2
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: Cross Street, Florence & Brookshire
Source Property Type: Residential
Area: D1 - Northeast Downey, N of Firestone, E of Downey
Source Neighborhood: D1 - Northeast Downey, N of Firestone, E of Downey
Parcel Number: 6285006022
Postal Code Plus 4: 2737
Zoning: DOR175
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $25,381 + $43,865 $69,246 | $1,182 |
| 2021 | $24,884 + $43,005 $67,889 | $1,134 |
| 2020 | $24,629 + $42,565 $67,194 | $1,120 |
| 2019 | $24,147 + $41,731 $65,878 | $1,107 |
| 2018 | $23,674 + $40,913 $64,587 | $995 |
| 2017 | $23,210 + $40,111 $63,321 | $975 |
| 2016 | $22,755 + $39,325 $62,080 | $947 |
| 2015 | $22,414 + $38,735 $61,149 | $932 |
| 2014 | $21,975 + $37,977 $59,952 | $899 |
| 2013 | $21,876 + $37,806 $59,682 | $879 |
| 2012 | $21,448 + $37,065 $58,513 | $868 |
| 2010 | $21,028 + $36,339 $57,367 | $846 |
| 2009 | $20,921 + $36,154 $57,075 | $824 |
| 2009 | $20,871 + $36,068 $56,939 | $824 |
| 2008 | $20,511 + $35,446 $55,957 | $792 |
| 2007 | $20,109 + $34,751 $54,860 | $770 |
$680,000
CRMLS
Year Built: 1950
Common Walls: End Unit, No Common Walls
Entry Level: 1
Entry Location: Front
Living Area Source: Assessor
Property Age: 74
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Public Records
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.