Michael Farina, Listing Office: First Team Real Estate
$9,144
closing credit¹
8612 Stewart And Gray Rd Downey, CA 90241
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
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
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.
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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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$770,000
8612 Stewart And Gray Rd
$9,144
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 14, 2012 | Home Sold | $300,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.