$2,100,000
$1,975,200
6.3%For more information regarding the value of a property, please contact us for a free consultation.
9620 Florence AVE Downey, CA 90240
3 Beds
3 Baths
2,718 SqFt
Key Details
Sold Price $2,100,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,718 sqft
Price per Sqft $772
MLS Listing ID PS21064855
Sold Date 05/28/21
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1941
Lot Size 0.923 Acres
Acres 0.923
Property Description
Location! Location! Location!!
.92 acres buildable land in Northeast Downey. A very spacious backyard with lots of room for improvement. New flooring has been added throughout the house and the roof was replaced in 2020.
Brand new interior and exterior paint job was completed in 2020. This 3 bedroom and 3 bathroom home has been newly renovated and is move-in ready. Seller has construction plans ready to be approved to revamp the existing home into a two-story mansion. This is an R2 Lot off of Florence Ave and it is a prime location in Downey. As a very rare R2 lot you can build multiple homes as well in this large lot.
40,207 sqft lot!!! These is no other property for sale that has a larger lot in Downey. This is a developers dream to subdivide this property into multiple houses. You will not see another piece of property like this come up for sale very often. The current home on the property is completely livable/rent-able while you go through the planning and development process.
9620 Florence Ave is likely to appreciate by 3% in the next year, based on the latest home price index. In the last 11 years, this home has increased its value by 85%.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning DOR17500*
Rooms
Main Level Bedrooms 3
Ensuite Laundry None
Interior
Interior Features All Bedrooms Down
Laundry Location None
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type Bonus Room, Family Room
Fireplace Yes
Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Portable Dishwasher, Refrigerator
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Brick
Pool None
Community Features Dog Park, Park
Utilities Available Natural Gas Available, Water Available
View Y/N No
View None
Porch None
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Schools
Elementary Schools Rio San Gabriel
High Schools Downey
School District Downey Unified
Others
Senior Community No
Tax ID 6287005032
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Martha Moreno • Keller Williams Pacific Estate