7824 Melva St, Downey, CA 90242
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7824 Melva St Downey, CA 90242

$749,000
  • 2 Beds
  • 1 Baths
  • 1,234 Sq.Ft.
Coming Soon
$749,000 Get Pre-Qualified

Map preview of 7824 Melva St, Downey, CA 90242

Property Overview: 7824 Melva St Downey, CA has 2 bedrooms, 1 bathrooms, 1,234 living square feet and 10,078 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 is a 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 investment potential, this property offers endless possibilities in a highly desirable Downey neighborhood.

Listed by Pam Adame | BRE #01804721 | Keller Williams R. E. Services
Last checked: 12 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
10,078
HOA Dues
$0/mo
Year built
1949
Garage
1 Car
Property Type:
Single Family Home
Status
Coming Soon
MLS#
GD24186475
City
Downey
County
Los Angeles
Time on Site
2 days

Open Houses for 7824 Melva St

No upcoming open houses

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Property Details for 7824 Melva St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6245002016
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Alameda
  • Elementary School: ALAMED
  • Middle/Junior High School: Sussman
  • Middle/Junior High School: SUSSMA
  • High School: Downey
  • High School: DOWNEY
  • High School District: Downey Unified
Location / Neighborhood
Location Information
  • Directions: Imperial Highway to Rieve and Rieves to Melva
Neighborhood Information
  • Community Features: Biking, Curbs
View more facts & features

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Sale History for 7824 Melva St

Last sold on August 23rd, 2017
  • August, 2017

  • Aug 23, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2008

  • Feb 8, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 7824 Melva St

Assessed Value (2020): $460,562
Year Land Value Improved Value Assessed Value
2020 $382,034 $78,528 $460,562

Home Value Compared to the Market

This property vs the competition

7824 Melva St is listed 19.46% lower than the median list price for the city of Downey which has a median list price of $930,000. The median price per/sqft for Downey is $549 and this home is listed at $606.97 per/sqft which puts the price per square foot 10.56% higher than the median price per square foot for the city of Downey.

About 7824 Melva St

Detailed summary of property

7824 Melva St is a single family home located in Downey, CA 90242 and is currently for sale. This house offers 2 bedrooms, 1 bathrooms, roughly 1,234 living square feet, and sits on an approximately 10,078 square foot lot. 7824 Melva St was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $749,000. The median priced home in Downey is $930,000 with a median price per square foot of $549. Based on Ardent Real Estate Group's Downey Market Data, this home is listed 19.46% lower than the median priced home. Local competing homes currently for sale include 10821 Lakewood Blvd, 8300 Lexington Rd #1 and 12137 Cornuta Ave. There are currently 98 homes for sale in the Downey real estate market and 83 of them are single family homes while 12 of them are condos and 3 are townhomes. For more information on this home for sale at 7824 Melva St Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 7824 Melva St

Public county record property details
Beds
2
Baths
1
Year built
1949
Sq. Ft.
1,234
Lot Size
10,075
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
6245-002-016

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$805,000
Median List Price/Sq.Ft.
$526
Median Sold Price
$705,000
Median Sold Price/Sq.Ft.
$590
Total Inventory
27
Median Sale to List Price %
100.74%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.