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Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,725 sqft
Price per Sqft $579
MLS Listing ID RS24172848
Sold Date 10/17/24
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1951
Lot Size 8,158 Sqft
Property Description
Own Your Dream & Earn Rental Income:
Two Homes, One Prime Location.
This unique property located off prestigious East Gallatin Rd. in North East Downey offers the best of both worlds: spacious living and potential rental income.
Streamlined Process, Dream Home Ready: Skip the permitting headaches and focus on creating your dream home. This property comes with approved plans, permits.
Plans for main house: Brand new construction adds an additional 495 sqft, transforming this into a luxurious 3-bed, 3-bath home. Enjoy dual master suites, an extra bedroom, and a guest bathroom.
Included is a spacious detached 2-car garage.
Guest House: Fully remodeled and legal that boasts a charming 1-bed 1-bath unit with its own private entrance and backyard. New flooring, kitchen, paint, A/C unit, and heating create a move-in-ready space.
Perfect for:
* Multi-generational families seeking privacy under one roof.
* Investors looking to generate rental income.
* Homeowners who desire a dedicated space for guests or hobbies.
Enjoy the benefits of a large property with the flexibility of separate living areas. Contact our agent or property manager Hector today for a private showing!
Current existing property features a 2-bedroom, 1-bathroom main house with 825 square feet of living space. It also includes a convenient 2-car garage and a separate 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU).
Location
State CA
County Los Angeles
Area D1 - Northeast Downey, N Of Firestone, E Of Downey
Zoning DOR17500*
Rooms
Other Rooms Guest House Detached
Main Level Bedrooms 4
Interior
Heating Central, Wall Furnace
Cooling Central Air, Ductless, Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights
View Y/N Yes
View Neighborhood
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Guest House Detached
New Construction No
Schools
School District Downey Unified
Others
Senior Community No
Tax ID 6389011019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing FHA
Special Listing Condition Standard
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Bought with Aaron Mejia • Christie's International Real Estate SoCal
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256