8343 Vista Del Rio Ave new Save Request In-Person Tour Request Virtual Tour
Downey,CA 90242
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,527 sqft
Price per Sqft $589
MLS Listing ID CV25071788
Bedrooms 3
Full Baths 2
Year Built 1947
Lot Size 9,609 Sqft
Property Sub-Type Single Family Residence
Property Description
Incredible Investment Opportunity in Highly Sought-After North Downey!
Welcome to 8343 Vista del Rio Ave, a rare diamond in the rough located in one of the most desirable pockets of North Downey. This 1,527 sq ft single-family home sits on an expansive 9,610 sq ft lot, offering endless potential for renovation, expansion, or a complete reimagination. Featuring 3 bedrooms, 2 bathrooms, a detached garage, and a massive backyard, this property is a true fixer-upper just waiting for the right investor or visionary buyer to bring it back to life.
Please note: This home will not qualify for conventional or FHA financing. It is being sold as-is, and cash offers or hard money loans are strongly encouraged.
Whether you're looking to flip, hold and rent, or build out your real estate portfolio, this is an excellent opportunity to buy into a prestigious neighborhood at a fraction of the typical price. Homes in this area are known for their charm, long-term value, and high demand.
Additional highlights:
* Detached garage perfect for conversion to ADU (Accessory Dwelling Unit)
* Spacious backyard with potential for landscaping, pool, or outdoor entertaining, ADU
* Tree-lined, residential street with pride of ownership throughout
* Centrally located near top-rated schools, shopping, restaurants, and freeway access
Don't miss out on this prime opportunity to invest in North Downey. With a little vision and work, this property could become a stunning residence or a valuable income-producing asset.
Location
State CA
County Los Angeles
Area D1 - Northeast Downey, N Of Firestone, E Of Downey
Zoning DOR175
Interior
Cooling None
Fireplaces Type Family Room
Laundry None
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Downey Unified
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Trust