7824 Melva St., Downey, CA 90242

$749,000 Asking Price

2 beds
1 bath
1,234  sqft
Built in 1949

Welcome to this charming single-family home nestled in a desirable neighborhood in Downey. While it is listed as a 2-bedroom, 1-bath on title, the home shows as a 3-bedroom, 1.5-bath layout. Spanning 1,234 square feet, this residence sits on an expansive 10,076 square foot lot, providing ample outdoor space for entertaining or potential expansion. With its prime location and spacious lot, this property is a fantastic opportunity to enjoy comfortable living in a sought-after community. This rare opportunity to craft a home that suits your unique needs or invest in a property with limitless potential. This home is ideal for both seasoned developers and aspiring homeowners with a vision for the future. Its prime location offers easy access to freeways, local amenities, top-rated schools, shopping centers, and public transportation, ensuring convenience and connectivity. Whether you're looking to create a dream home or capitalize on the potential for multi-unit development, this property offers endless possibilities in a highly desirable Downey​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​​‌‌‌​​​​​‌‌​​​‌ neighborhood.


Features & Amenities

Interior

General:
All Bedrooms Down
Laundry:
Inside
A/C:
true, Central Air
Fireplace:
Living Room, Fireplace

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Downey Unified
County:
Los Angeles

Lot

Zoning:
6245002016
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams R. E. Services, Pam Adame

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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