8612 Stewart And Gray Road

Downey, CA 90241
$770,000
1262 sqft | 3 beds | 2 baths | 0.13 acres | #PF24221307
Courtesy of Redfin Corporation

Description

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.

  • Property Details
      • Interior:CeilingFans, LaminateCounters, RecessedLighting
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
      • Stories:1
      • Lot description:Yard
      • Acres:0.1254
      • Square Feet:1262
      • Parking spaces:1
      • Property type:Purchase
      • Year built:1950
      • Sewer information:PublicSewer
      • Utility source:Public
      • School district:Downey Unified
      • County:Los Angeles
      • Original List Price:$879, 000
      • MLS #:PF24221307
      • Cost:770000
      • Property subtype:SingleFamilyResidence
      • MLS #:PF24221307
      • Structure type:House

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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