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7513 Pivot Street, Downey, California 90241, Downey, 90241 - 3 bed, 2 bath

7513 Pivot Street, Downey, California 90241 home-pic-0
ACTIVE$500,000$1,092/sqft
7513 Pivot Street, Downey, California 90241
3Beds
2Baths
1,092Sqft
0.12Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Investment Potential: The property is explicitly marketed as a 'value-add investment' and 'fixer property' with 'redevelopment potential,' offering a unique opportunity for experienced investors or flippers to achieve substantial upside.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 5041.

Compared to the nearby listings

Price:$500.0K vs avg $1.01M ($-510,000)2%
Size:1,092 sqft vs avg 1,832 sqft11%
Price/sqft:$458 vs avg $60811%

More Insights

Built in 1951 (75 years old).
Condition: Built in 1951, this property is explicitly marketed as a 'fixer property' and 'value-add investment' requiring 'extensive renovation.' The 'AS-IS, WHERE-IS' sale terms with no repairs or disclosures further indicate significant issues. Images reveal a highly dated kitchen with painted, worn cabinets, some missing doors, older appliances, and dated flooring. Interior walls show peeling paint and general wear. Exterior structures appear old and in need of substantial repair. The overall condition suggests significant deferred maintenance and a need for comprehensive rehabilitation, aligning with the 'poor' category.
Year Built
1951
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2511645
Home ConditionPoor
Features
Patio
View-

About this home

The Deadline for Offers has passed. We are awaiting to get approval from the Court to accept one of our offers. COURT-ORDERED PARTITION SALE – INVESTMENT OPPORTUNITY AT 7513 PIVOT Attention investors, contractors, flippers, and cash buyers: rare opportunity to acquire this property located at 7513 Pivot through court-ordered partition sale. This is a value-add investment with significant redevelopment potential for the right buyer. SOLD STRICTLY AS-IS, WHERE-IS. No repairs, credits, or warranties of any kind will be provided by seller. Buyer is solely responsible for conducting all due diligence, including but not limited to: property inspections, permit verification, zoning compliance, allowable use, square footage confirmation, structural condition assessment, and project feasibility analysis. This fixer property offers an excellent opportunity for experienced investors seeking a rental investment or flip project. Property condition reflects as-is nature of sale—priced accordingly for buyers who understand the rehab and value-add process. IMPORTANT SALE TERMS: Court-ordered partition sale subject to court confirmation Cash buyers or investors with renovation experience preferred All inspections and investigations must be completed by buyer at buyer's expense No seller disclosures or representations regarding condition This is a unique investment opportunity for buyers seeking below-market entry with upside potential. Property being sold pursuant to court order.

B
Brian Eliel
Listing Agent
Condition Rating
Poor
Built in 1951, this property is explicitly marketed as a 'fixer property' and 'value-add investment' requiring 'extensive renovation.' The 'AS-IS, WHERE-IS' sale terms with no repairs or disclosures further indicate significant issues. Images reveal a highly dated kitchen with painted, worn cabinets, some missing doors, older appliances, and dated flooring. Interior walls show peeling paint and general wear. Exterior structures appear old and in need of substantial repair. The overall condition suggests significant deferred maintenance and a need for comprehensive rehabilitation, aligning with the 'poor' category.
Pros & Cons

Pros

Significant Investment Potential: The property is explicitly marketed as a 'value-add investment' and 'fixer property' with 'redevelopment potential,' offering a unique opportunity for experienced investors or flippers to achieve substantial upside.
Desirable Downey Location: Located in Downey, a well-established and sought-after city in Los Angeles County, offering good community amenities and accessibility.
Single-Family Residence: The property is a single-family residence, a highly desirable and in-demand property type for both homeowners and rental investors.
Generous Lot Size: With a lot size of 0.12 acres, there is ample space for potential expansion, landscaping, or creating desirable outdoor living areas.
Below-Market Entry Opportunity: The 'as-is' condition and court-ordered sale context suggest a potential for a below-market entry price, allowing for greater profit margins after renovation.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 5041.
Strictly As-Is Sale & No Disclosures: The property is sold 'strictly AS-IS, WHERE-IS' with 'no repairs, credits, or warranties' and 'no seller disclosures,' placing all responsibility for due diligence and potential issues on the buyer.
Court-Ordered Sale Complexities: Being a 'court-ordered partition sale' subject to 'court confirmation' introduces additional legal complexities, potential delays, and specific terms that may deter some buyers.
Extensive Renovation Required: Described as a 'fixer property' requiring 'rehab and value-add process,' indicating significant capital investment, time, and expertise will be needed for renovation and upgrades.
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