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Residential Income — 8412 Cleta Street, Downey, CA

$1,259,999

8412 Cleta Street, Downey, CA

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About this property

Beautifully maintained Downey duplex offering flexibility, privacy and investment potential. On a 6,094 sq. ft. lot are two separate 2-bedroom, 1-bath residences with approximately 1,664 sq. ft. of combined living space. The front residence has central air conditioning; the freshly painted rear residence has a wall heater. Both water heaters were recently replaced, and each unit has separate gas and electric meters. Enjoy a private outdoor area with pergola seating and a tranquil water feature. Amenities include a separate laundry room, detached 2-car garage, an approximately 90-foot driveway with tandem parking and street parking. Located in an established neighborhood served by Downey Unified School District. Ideal for investors, extended-family living, or an owner-occupant seeking rental income from the second unit. With an acceptable offer, seller may consider a credit of up to $25,000 toward allowable closing costs, an eligible temporary 2-1 rate buydown, discount points for a permanent rate reduction, or a lender-approved combination. Credit is negotiable and subject to qualification, appraisal, lender approval and loan-program limits. For financing information, contact Danny Calderon, Loans by CMS, NMLS #695666, at (831) 676-0937. Buyers may use any lender of their choice.

Property details

Square feet
1,669
Year built
1948
Property type
Residential Income
Lot size
6,094 sqft

Location

8412 Cleta Street • Downey, CA 90241

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Listed by

Danny Avalos · Alliance Real Estate Group

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