3 months on rocket

7740 4th Pl, Downey, CA, 90241

$1,699,999

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,803 SqFt
$606/SqFt
House

Location

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7740 4th Pl, Downey$1,699,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1962
CoolingCentral Air
FireplaceFamily Room
ViewNone
MLS #RS24130114
Lot Size0.25 Acres
StatusActive

About 7740 4th Pl

Nestled on a lush 10,763 square foot corner lot in the prestigious Orange Estates neighborhood, this stately 5-bedroom, 4-bathroom mid-century gem exudes elegance and charm. This distinguished residence was originally built for Downey's first mayor, James L. Stamps, and his wife. The well-appointed floor plan is perfect for grand entertaining and offers an unparalleled level of comfort and luxury. Home features wide hallways, removable wheelchair ramps and roll in primary bath. As you step through the inviting entryway, you are greeted by a bright and spacious living room featuring new luxury flooring, a custom-built bookcase, a striking fireplace, and a grand bay window. The formal dining room seamlessly connects to the large eat-in kitchen, which boasts ample storage. An adjacent utility room, bathroom, and bedroom/office with a separate entrance add to the home's convenience and functionality. Centrally located between the kitchen and living room, the family room beckons with its wall of built-ins and sliding glass doors that open to an expansive covered patio. The outdoor space is a private oasis, complete with a a beautifully crafted and illuminated gazebo. The spacious master retreat offers a large closet, plantation shutters, recently remodeled bathroom and direct patio access. Situated down a long hallway, it provides a serene escape from the additional two light-filled bedrooms, which share a bathroom with a double vanity that has been recently remodeled. Through a breezeway, past a charming Dutch door leading to the sizable driveway and 2-car garage, you'll find an adjacent bonus bedroom and bathroom with a separate entrance. This versatile space has perfect potential for ADU or home office. This luxurious home is designed for entertaining, yet its exceptional comfort and charm make it equally appealing for those who prefer to keep its splendor all to themselves.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 2,803 SqFt

Listing Office:

  • Office Name: Fiv Realty Co
  • Office Phone: (562) 417-3134
  • Listing Agent: Andrew Carter

Interior Features

Interior Information:

  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard, Lawn, Landscaped
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Warren High School, Public District Grades 9-12
  • Griffiths Middle School, Public District Grades 6-8
  • Rio Hondo Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North of Firestone, West of Rives

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,999
  • Price Per SqFt: $606/SqFt

Tax Information:

  • Annual Amount: $10,342
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$836.5K

Med. Price/SqFt

$554

Avg. Days On Market

18

# of Sold Homes

21

7740 4th Pl vs Downey

100 DAYS ON ROCKET

+82 Days

$1,699,999

+$863.4K More

$606/SqFt

+$52 More

KEY TAKEAWAY

This property is $863.4K more than the Median Sold Price and $52/SqFt more than other homes in Downey, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS24130114

Listing Office:

  • Office Name: Fiv Realty Co
  • Office Phone: (562) 417-3134
  • Listing Agent: Andrew Carter

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: 10/17/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 27, 1991Home Sold
$525,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,342$863,505
2020$10,074$854,652
2019$9,807$837,895
2018$9,643$821,466
2017$9,643$805,360

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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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.

Elementary School

school-card-donut-547196
6
/10
  • Rio Hondo Elementary School

  • 7731 Muller St

  • 0.34 miles

  • Public District Grades KG-5

Middle School

school-card-donut-547197
7
/10
  • Griffiths Middle School

  • 9633 Tweedy Ln

  • 1.06 miles

  • Public District Grades 6-8

High School

school-card-donut-547198
7
/10
  • Warren High School

  • 8141 De Palma St

  • 0.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,813. Typical income of Downey, CA residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7740 4th Pl

What is the listing price of this property?

The listing price of 7740 4th Pl property is $1,699,999.

What type of property is this?

The property 7740 4th Pl is a house located in Downey, California, 90241.

Is this property for sale now?

Active Listing: 7740 4th Pl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7740 4th Pl are:
Rio Hondo Elementary School: GreatSchools Rating 6/10
Griffiths Middle School: GreatSchools Rating 7/10
Warren High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,342 (source: MLS/based on county public records data).

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

The last sale was on November 27, 1991 for $525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7740 4th Pl has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 7740 4th Pl is 2,803 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7740 4th Pl is 1962.

Rocket HomesCaliforniaLos Angeles CountyDowney902417740 4th Pl

This home is located at 7740 4th Pl in Downey, CA and zip code 90241 in the The Southeast neighborhood. This 2,803 square foot home, which was built in 1962, sits on a 0.25 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 09, 2024 and is currently priced at $1,699,999.

In September 2024, from all listings sold in Downey, CA there were more than 10 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Downey, CA decreased by 6.1% between August 2024 and September 2024. Listings spent 18 days on the market in September 2024, and had a median list price of $836,500 during the same period.

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

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