Incredible income opportunity with a new price adjustment in Downey! Just 2 blocks from Downey Landing, live in one unit and rent the other. The main house offers a spacious living room filled with natural light from large windows. The kitchen offers ample storage space, and a laundry area. It also features two comfortable bedrooms and 1 bath. Hardwood floors and generous lighting add warmth throughout the home. The 3rd bedroom is permitted as a recreational room which has been modified into a 2nd unit with a private bathroom and kitchenette, and has access to a small private court yard, perfect for Air B&B or a longer term tenant. As if that is not enough there is also a detached garage for a potential ADU. The backyard offers plenty of space for parking with an automatic gate for security. Come and discover a plethora of opportunity in the heart of Downey.
Sold for $770,000 on 03/11/25
Listing Provided by:
Collette Canepa DRE #01826733 310-409-2885,
Redfin Corporation
Bought with: Real Consultants Mortgage Real
$770,000
8612 Stewart And Gray Rd, Downey, CA 90241
3beds
1,262sqft
Single Family Residence
Built in 1950
5,464 Square Feet Lot
$754,500 Zestimate®
$610/sqft
$4,352 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 13, 2025 at 04:51pm
Listing Provided by:
Collette Canepa DRE #01826733 310-409-2885,
Redfin Corporation
Bought with:
Bernadette Ramirez, DRE #01897643
Real Consultants Mortgage Real
Source: CRMLS,MLS#: PF24221307
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Wall Furnace
Cooling
- ENERGY STAR Qualified Equipment, High Efficiency, Wall/Window Unit(s)
Appliances
- Included: ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, High Efficiency Water Heater, Tankless Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Kitchen, Stacked
Features
- Ceiling Fan(s), Laminate Counters, Recessed Lighting
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,262 sqft
Property
Parking
- Total spaces: 5
- Parking features: Door-Single, Driveway, Electric Gate, Electric Vehicle Charging Station(s), Garage, Gated, Garage Faces Rear, RV Access/Parking
- Garage spaces: 1
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,464 sqft
- Features: Yard
Details
- Parcel number: 6258011051
- Zoning: DOR15000*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Appliances
Community & neighborhood
Community
- Community features: Biking, Dog Park, Golf, Hiking, Park, Preserve/Public Land, Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Downey
Other
Other facts
- Listing terms: Cash,Conventional,Submit
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Estimated market value
$754,500