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8612 Stewart And Gray Rd, Downey, CA, 90241

$770,000

Home List Price

$9,144*

Closing Credit

3 Bedrooms
2 Full Baths
1,262 SqFt
$610/SqFt
House

Location

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8612 Stewart And Gray Rd, Downey$770,000

Buyer Closing Credits

$9,144*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Single, Driveway, Electric Gate, Electric Vehicle Charging Station(s), Garage, Gated, Garage Faces Rear, RV Access/Parking
Garage1 space
Year Built1950
HeatingWall Furnace
CoolingENERGY STAR Qualified Equipment, Other, Wall/Window Unit(s)
FireplaceNone
ViewNone
MLS #PF24221307
Lot Size0.13 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,262 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 409-2885
  • Listing Agent: Collette Canepa

Interior Features

Interior Information:

  • Appliances: ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Water Heater, Tankless Water Heater
  • Flooring Type: Wood
  • Interior: Ceiling Fan(s), Laminate Counters, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Door-Single, Driveway, Electric Gate, Electric Vehicle Charging Station(s), Garage, Gated, Garage Faces Rear, RV Access/Parking

Virtual/3D Tour

  • 3D Tour: 8612 Stewart And Gray Rd
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Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: ENERGY STAR Qualified Equipment, Other, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 105 Fwy Exit Lakewood North, Left on Steward And Gray.

Price Information

Listing Price Info

Price Summary:

  • List Price: $770,000
  • Price Per SqFt: $610/SqFt

Tax Information:

  • Annual Amount: $4,251
  • 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

$842.2K

Med. Price/SqFt

$550

Avg. Days On Market

25

# of Sold Homes

31

8612 Stewart And Gray Rd vs Downey

53 DAYS ON ROCKET

+28 Days

$770,000

-$72.2K Less

$610/SqFt

+$59 More

KEY TAKEAWAY

This property is $72.2K less than the Median Sold Price and $59/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: #PF24221307

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 409-2885
  • Listing Agent: Collette Canepa

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: 12/23/2024, 11:21:00 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

Dec 14, 2012Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,251$341,285
2020$4,141$337,787
2019$3,985$331,164
2018$3,915$324,672
2017$3,915$318,307

History based on county public records data.

Payment Calculator

$3,911

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,375

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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-1277939
7
/10

  • Alameda Elementary School

  • 8613 Alameda St

  • 0.32 miles

  • Public District Grades KG-3

school-card-donut-1277940
6
/10

  • Imperial Elementary School

  • 8133 Imperial Hwy

  • 0.93 miles

  • Public District Grades KG-3

school-card-donut-1277941
5
/10

  • Gauldin Elementary

  • 9724 Spry St

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,080. Typical income of Downey, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8612 Stewart And Gray Rd

What is the listing price of this property?

The listing price of 8612 Stewart And Gray Rd property is $770,000.

What type of property is this?

The property 8612 Stewart And Gray Rd is a house located in Downey, California, 90241.

Is this property for sale now?

Active Listing: 8612 Stewart And Gray Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,251 (source: MLS/based on county public records data).

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

The last sale was on December 14, 2012 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8612 Stewart And Gray Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8612 Stewart And Gray Rd is 1,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8612 Stewart And Gray Rd is 1950.

Rocket Homes›California›Los Angeles County›Downey›90241›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.

While more than 16 listings in Downey, CA in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 6 were sold below. Between October 2024 and November 2024, Downey, CA real estate market has seen increase in the number of listings by 4.2%. In November 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $842,250.

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

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