$1,375,000
●
House -
In Contract
7904 7th Street
Downey, CA 90241
3 Beds
2 Baths,
1
Half Bath
2,500 Ft²
$6,752
Est. Monthly
About This Property
Bring the in-laws! Fantastic 2 bedroom, 2 bath (1,921 sq ft) home
in Orange Estates with a large 600 sq ft guest house, another bonus
room, and a pool/spa -- all on a large 13,522 sq ft corner lot. The
main home has a large formal living room & family room with
fireplace, formal dining room (currently used as an office), and
the kitchen and bathrooms were updated. Behind the 2 car garage is
the guest house, which has a large living room with vaulted
ceilings & fireplace, plus a 3/4 bathroom and bedroom. The backyard
features a pool & spa, courtyard, putting green, and a bonus room
with sauna, laundry & bathroom. The property has a new roof and
central air and heat. Located near Furman Park & Rio Hondo
Elementary School, it's in the heart of North Downey.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$550
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (CRMLS #DW26161883)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Listed by 24 Hour Real Estate | $1,375,000 | |
| Listed by 24 Hour Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Granite Counters, SeparateFormalDiningRoom
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Vented Exhaust Fan
Flooring Type: Tile, Wood
Laundry Features: Outside
Has Fireplace
Fireplace Features: Family Room, Living Room
Exterior Details
Square Footage: 2500
Square Footage Source: $0
Architectural Style: Ranch
Year Built Source: Assessor
Year Built: 1949
Levels: One
Other Structures: Guest House, GuestHouseDetached
Pool Features: Heated, In Ground, Private
Pool is Private
Lot Features: Corner Lot, SprinklerSystem
Lot Size Area: 13522
Lot Size Units: Square Feet
Lot Size Acres: 0.3104
Lot Size Square Feet: 13522
Tax Lot: 228
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Michael Berdelis, 24 Hour Real Estate
Last Updated: 3 months ago
Data Source: CRMLS, MLS# DW26161883
Last Updated: 3 months ago
Data Source: CRMLS, MLS# DW26161883
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