*** Price reduction *** Own Your Dream & Earn Rental Income:Two Homes, One Prime Location.This unique property located off prestigious East Gallatin Rd. in North East Downey offers the best of both worlds: spacious living and potential rental income.Streamlined Process, Dream Home Ready: Skip the permitting headaches and focus on creating your dream home. This property comes with approved plans, permits, and a contractor's construction bid and schedule, making the building process smooth and efficient.Plans for main house: Brand new construction adds an additional 495 sqft, transforming this into a luxurious 3-bed, 3-bath home. Enjoy dual master suites, an extra bedroom, and a guest bathroom.The Guest House: Fully remodeled and legal, this detached 2-car garage and boasts a charming 1-bed, 1-bath unit with its own private entrance and backyard. New flooring, kitchen, paint, A/C unit, and heating create a move-in-ready space.Perfect for: * Multi-generational families seeking privacy under one roof. * Investors looking to generate rental income. * Homeowners who desire a dedicated space for guests or hobbies.Enjoy the benefits of a large property with the flexibility of separate living areas. Contact our agent or property manager Hector today for a private showing!
RS24067675
Single Family, 1 Story
4
Los Angeles
4 Full
1951
0.1873
Acres
Public
1
Public Sewer
1,725
Sq. Ft.
Yes
- 2
spaces
School Information
Downey Unified
Bathrooms
4
Total:4
Detailed Room Information
- Bedroom(s)
- Main Level: 4, Total: 4
- Laundry
- Electric Dryer Hookup,Gas Dryer Hookup
Interior Features
- Cooling
- Central Air, Window/Wall Unit, Ductless
- Heating
- Other. Central, Wall Furnace.
- Common Walls
- No Common Walls
- Entry Location
- Front
- Fireplaces
- None.
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 2 Parking Spaces. 0 Covered Parking Spaces.
- Pool Description
- None
- Lot View
- Other
- Zoning
- DOR17500*
- Additional Exterior/Lot Features
- 0-1 Unit/Acre.
Financial Considerations
6389011019
Cash, Conventional
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