8612 Stewart And Gray Road, Downey, CA 90241

$879,000 Asking Price

2 beds
2 baths
1,262  sqft
Built in 1950

Discover the income potential for this Downey Home, just 2 blocks from Downey Landing. In the main house the spacious living room is filled with natural light from large windows, leading to a cozy dining area. 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 additional unit is permitted as a recreational room which has been modified into a 2nd unit, 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 q potential ADU and a separate automatic gate with additional parking. Come and discover a plethora of opportunity in the heart of Downey.

Features & Amenities

Interior

General:
Bonus/Plus Room, Laminate Counters
Appliances:
Gas Range, Tankless Water Heater, ENERGY STAR Qualified Appliances
Laundry:
Other, In Kitchen, Inside
Flooring:
Wood
A/C:
true, Ceiling Fan(s), Wall/Window Unit(s), Other, ENERGY STAR Qualified Equipment
Heating:
true, Wall Furnace
Fireplace:
None
Eco/Green Feature:
Water Heater

Exterior

Pool:
None
Parking:
Detached, Other, Garage Faces Rear, RV Access

Construction

General:
1

Location

HOA Amenities:
Dog Park, 0.0
School District:
Downey Unified
County:
Los Angeles

Lot

Zoning:
DOR1, 6258011051
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Redfin Corporation, Collette Canepa

About Downey, CA

Housing

Number of Units
34,487
Median Home Value
$585,013
Median Rent
$1,488

51.49% of housing units are renter occupied.

3.09% are vacant.

Commute

Car
80.62%
Public Transportation
2.48%
Walk to Work
1.43%
Work from Home
14.30%
Other
0.53%

The median travel time to work is 30 minutes.

People

Population
111,481
Median Age
35.20
Median Household Size
3.37

Education

High School
25.25%
Associate’s Degree
8.77%
Bachelor’s Degree
17.26%
Graduate Degree
7.73%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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