$9,144

closing credit¹

8612 Stewart And Gray Rd Downey, CA 90241

$770,000
3 beds
2 full
1,262 sqft
0.1 acres
$610 / sqft
House

Property details

About 8612 Stewart And Gray Rd

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.

Highlights

Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
CoolingENERGY STAR Qualified Equipment, Other, Wall/Window Unit(s)
Size1,262 sqft
Lot size0.1254 Acres
Year built1950
ParkingDoor-Single, Driveway, Electric Gate, Electric Vehicle Charging Station(s), Garage, Gated, Garage Faces Rear, RV Access/Parking
MLS #PF24221307
Garage1 space

Virtual tour

Summary

  • MLS Number: PF24221307
  • MLS Name: CRMLS
  • Office Name: Redfin Corporation
  • Office Phone: (310) 409-2885
  • Office Email: mark.bennett@redfin.com
  • Listing Agent: Collette Canepa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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entrance to property with a yard

$770,000

8612 Stewart And Gray Rd

$9,144

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 14, 2012
Home Sold
$300,000

Tax history

YearAssessmentProperty Tax
2021$341,285$4,250
2020$337,787$4,141
2019$331,164$3,985
2018$324,672$3,915
2017$318,307$3,915

History based on county public records data.

Nearby schools

7

Alameda Elementary School

Public District KG-3

0.3 mi

8613 Alameda St

6

Imperial Elementary School

Public District KG-3

0.9 mi

8133 Imperial Hwy

5

Gauldin Elementary

Public District KG-5

1.0 mi

9724 Spry St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,080. Residents of Downey, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

30%
<35k
41%
35k-100k
23%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
13%
Single, with Kids
17%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8612 Stewart And Gray Rd

This home is located at 8612 Stewart And Gray Rd in Downey, CA and zip code 90241 in the The Southeast neighborhood. This 1,262 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $770,000.

Downey, CA housing market in December 2024 saw over 14 listings sold above listed price, more than 7 sold at listed price and over 11 sold below. The inventory of homes for sale in Downey, CA between November and December 2024 decreased by 13.9%. The median list price of listings available in December 2024 was $860,000, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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