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12045 Rives Ave, Downey, CA, 90242

$1,099,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,186 SqFt
$503/SqFt
House

Location

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12045 Rives Ave, Downey$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1931
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #24424545
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 12045 Rives Ave

"2 Vacant Units" Welcome to 12045 Rives Avenue & 12045 A Rives Avenue a blank canvas Single Family Home with detached NEWLY constructed ADU and unlimited potential! Upon entering this beautifully maintained single-family home, you are greeted by an abundance of natural light, hardwood floors, and stunning coved ceilings, a hallmark of homes built in this era. The home features a dining area adjacent to the living room, making it ideal for entertaining and hosting guests. The large, spacious kitchen includes a charming breakfast nook area, and the home features 3 bedrooms and 2 bathrooms. The property also includes a newly remodeled & permitted, detached ADU with 2 bedrooms and 2 bathrooms. This recently remodeled ADU features shaker kitchen cabinets, updated bathrooms, and offers privacy for its occupants. Both properties feature recessed lighting and dual pane windows. Each unit has its own washer and dryer room, Electric Meter, Gas Meter, and ADU features a Submeter. Customize this versatile space to suit your needs and make it your own. The property features a long driveway to serve all of your stationary needs and offers plenty of outdoor space, perfect for family gatherings and entertaining. Conveniently located near dining, parks, and recreational facilities, it is just minutes away from the 5, 710, and 605 freeways. Nearby, Downey Landing and The Promenade provide a variety of shopping and entertainment options. Located within the award-winning DUSD, one of the top-rated school districts in LA, it offers excellent educational opportunities. Don't miss out on this incredible opportunity for growth and investment in this vibrant city!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1931
  • Stories: 1
  • Living Area: 2,186 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Aaron Mejia

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Tile, Wood
  • Interior: Breakfast Area, Separate/Formal Dining Room, Jack and Jill Bath
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Head West on Firestone Blvd. Make a left at Rives Avenue. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $503/SqFt

Tax Information:

  • Annual Amount: $4,844
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Downey, CA.

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Downey, CA

City

Med. Sold Price

$835.3K

Med. Price/SqFt

$550

Avg. Days On Market

38

# of Sold Homes

21

12045 Rives Ave vs Downey

102 DAYS ON ROCKET

+64 Days

$1,099,000

+$263.6K More

$503/SqFt

-$47 Less

KEY TAKEAWAY

This property is $263.6K more than the Median Sold Price and $47/SqFt less than other homes in Downey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24424545

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Aaron Mejia

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: 11/17/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 10, 2014Home Sold
$340,000
Nov 13, 2013Home Sold
$340,000
Aug 19, 2013Home Sold
$340,000
Aug 04, 2000Home Sold
$215,500
Oct 01, 1997Home Sold
$156,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,844$385,045
2020$4,722$381,098
2019$4,546$373,626
2018$4,468$366,301
2017$4,468$359,119

History based on county public records data.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-374521
7
/10

  • Old River Elementary

  • 11995 Old River School Rd

  • 0.41 miles

  • Public District Grades 4-5

school-card-donut-374522
8
/10

  • Williams Elementary

  • 7530 Arnett St

  • 0.62 miles

  • Public District Grades KG-3

school-card-donut-374523
6
/10

  • Imperial Elementary School

  • 8133 Imperial Hwy

  • 0.80 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,651. The most common annual income of people living in Downey, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12045 Rives Ave

What is the listing price of this property?

The listing price of 12045 Rives Ave property is $1,099,000.

What type of property is this?

The property 12045 Rives Ave is a house located in Downey, California, 90242.

Is this property for sale now?

Accepting Backup Offers: 12045 Rives Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,844 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 10, 2014 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12045 Rives Ave has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 12045 Rives Ave is 2,186 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12045 Rives Ave is 1931.

Rocket Homes›California›Los Angeles County›Downey›90242›12045 Rives Ave

This home is located at 12045 Rives Ave in Downey, CA and zip code 90242 in the The Southeast neighborhood. This 2,186 square foot home, which was built in 1931, sits on a 0.15 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $1,099,000.

Over 10 listings were sold over their listed price in October 2024 in Downey, CA. In the same period over 7 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Downey, CA increased by 2.8% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $835,333.

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

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