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7824 Melva Street

Downey, CA 90242

2 beds
1 bath
1,234 sqft
10,078 sqft lot
$606 per sqft
1949 build
– on site

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 CRMLS_CA / Pam Adame / Keller Williams R. E. Services / 818-209-0537

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# GD24186475 —

The Building

Year Built:

1949
Year Built Source:

Public Records
New Construction:

No
Total Number Of Units:

1
Structure Type:

House
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls

Interior

Levels:

One
Entry Location:

front
Room Type:

All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

In Kitchen
Laundry:

1

Room Dimensions

Living Area:

1234.00

Location

Directions:

Imperial Highway to Rieve and Rieves to Melva
Latitude:

33.93129400
Longitude:

-118.15130600

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

DOR105
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

10078.0000
Lot Size Acres:

0.2314
Lot Size SqFt:

10078.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5515.02
Tax Tract:

13091
Tax Lot:

16

Beds

Total Bedrooms:

2
Main Level Bedrooms:

2

Baths

Total Baths:

1
Full & Three Quarter Baths:

1
Main Level Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6245002016
Showings Begin:

2024-09-23

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary:

ALAMED
Elementary School:

Alameda
Middle School:

Sussman
Middle School:

SUSSMA
High School:

Downey
High School:

DOWNEY
High School District:

Downey Unified

The Community

Features:

Biking, Curbs
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

1.00
Attached Garage:

No
Garage Spaces:

1.00

Monthly cost estimate

Asking price

$749,000

Expense	Monthly cost
Mortgage	$4,010
Taxes	N/A
Insurance	$205
Utilities	$127 See report
Total	$4,342/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Source	Price	% Change
12/13/24 Dec 13, 2024	BRIDGE	$767,000	2.4%
12/13/24 Dec 13, 2024	BRIDGE	$767,000
12/13/24 Dec 13, 2024	BRIDGE	$767,000

63% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $25k above asking price on average, but some went as high as $126k over asking price.

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Similar sold homes

This house located in Southeast La, Downey, CA 90242 is currently pending sale for $749,000. 7824 Melva Street is a 1,234 square foot house with 2 beds and 1 bath that has been on Estately for 86 days. 7824 Melva Street is in the Southeast La neighborhood of Downey and has a WalkScore® of 69, making it somewhat walkable. This house is in the attendance area of Old River Elementary School, Stauffer Middle School, Williams Elementary School, and Warren High School.

Listing Courtesy of: CRMLS_CA and Keller Williams R. E. Services. Based on information from California Regional Multiple Listing Service, Inc. as of 09:11 on Dec 18.

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.