$825,000
$900,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,527 SqFt
SOLD DATE : 07/01/2025
Key Details
Sold Price $825,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,527 sqft
Price per Sqft $540
MLS Listing ID CV25071788
Sold Date 07/01/25
Bedrooms 3
Full Baths 2
Year Built 1947
Property Sub-Type Detached
Property Description
Incredible Investment Opportunity in Highly Sought-After North Downey! Welcome to 8343 Vista del Rio Ave, a rare diamond in the rough located in one of the most desirable pockets of North Downey. This 1,527 sq ft single-family home sits on an expansive 9,610 sq ft lot, offering endless potential for renovation, expansion, or a complete reimagination. Featuring 3 bedrooms, 2 bathrooms, a detached garage, and a massive backyard, this property is a true fixer-upper just waiting for the right investor or visionary buyer to bring it back to life. Please note: This home will not qualify for conventional or FHA financing. It is being sold as-is, and cash offers or hard money loans are strongly encouraged. Whether you're looking to flip, hold and rent, or build out your real estate portfolio, this is an excellent opportunity to buy into a prestigious neighborhood at a fraction of the typical price. Homes in this area are known for their charm, long-term value, and high demand. Additional highlights: * Detached garage perfect for conversion to ADU (Accessory Dwelling Unit) * Spacious backyard with potential for landscaping, pool, or outdoor entertaining, ADU * Tree-lined, residential street with pride of ownership throughout * Centrally located near top-rated schools, shopping, restaurants, and freeway access Dont miss out on this prime opportunity to invest in North Downey. With a little vision and work, this property could become a stunning residence or a valuable income-producing asset.
Location
State CA
County Los Angeles
Zoning DOR175
Direction Coming from Orange County take I-5 north exit paramount Blvd & turn left, Left on Gallatin Rd, turn left onto Downey Ave, you have arrived
Interior
Fireplaces Type FP in Family Room
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 6364013010
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