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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
Bedrooms 4
Full Baths 4
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
Interior
Heating Central, Wall Furnace
Cooling Central Air, Ductless, Wall/Window Unit(s)
Fireplaces Type None
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
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Downey Unified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Aaron Mejia • Christie's International Real Estate SoCal
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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