9636 Cedartree, Downey, California 90240, Downey, 90240 - 2 bed, 1 bath

9636 Cedartree, Downey, California 90240 home-pic-0
ACTIVE$678,000
9636 Cedartree, Downey, California 90240
2Beds
1Bath
756Sqft
5,529Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Customization & Value-Add Potential: The property is presented as a blank canvas, offering significant opportunities for buyers to personalize and increase its value through renovations and creative vision.
Top Cons:
Compact Living Space: With only 756 square feet, the home offers limited interior living space, which may not suit buyers seeking larger accommodations.

Compared to the nearby listings

Price:$678.0K vs avg $987.5K ($-309,500)3%
Size:756 sqft vs avg 1,772.5 sqft6%
Price/sqft:$897 vs avg $54894%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property requires substantial updates and rehabilitation. While it boasts a newer roof, fresh paint, and cleaned carpets, the kitchen is extremely dated with original-style cabinets, yellow laminate countertops, and an old wall-mounted faucet. The bathroom has a slightly updated vanity but retains an older shower/tub unit. Crucially, the home lacks central HVAC, relying on a wall heater and window AC unit, indicating a need for extensive system replacements. The overall condition, particularly the kitchen and HVAC, necessitates significant investment to modernize, aligning with the 'poor' category.
Year Built
1950
Close
-
List price
$678K
Original List price
$678K
Price/Sqft
$897
HOA
-
Days on market
-
Sold On
-
MLS number
PW25260317
Home ConditionPoor
Features
View-

About this home

Freshly painted with newly cleaned carpets, this charming 2-bedroom, 1-bath home is ready for your personal touch. Bring your vision and transform this property into the home you’ve always imagined. With a little care and creativity, this house offers fantastic potential. The flexible carriage area can be converted into an additional bedroom or bonus space, while still allowing you to enjoy a spacious backyard. The property also features RV parking, a newer roof, and a generous yard perfect for entertaining or future enhancements. All of this in a great location close to local conveniences and commuter routes. A wonderful opportunity to customize and create value—don’t miss it!

Price History

Date
Event
Price
12/16/94
Sold
$140,000
Condition Rating
Poor

Built in 1950, this property requires substantial updates and rehabilitation. While it boasts a newer roof, fresh paint, and cleaned carpets, the kitchen is extremely dated with original-style cabinets, yellow laminate countertops, and an old wall-mounted faucet. The bathroom has a slightly updated vanity but retains an older shower/tub unit. Crucially, the home lacks central HVAC, relying on a wall heater and window AC unit, indicating a need for extensive system replacements. The overall condition, particularly the kitchen and HVAC, necessitates significant investment to modernize, aligning with the 'poor' category.
Pros & Cons

Pros

Customization & Value-Add Potential: The property is presented as a blank canvas, offering significant opportunities for buyers to personalize and increase its value through renovations and creative vision.
Flexible Carriage Area: The presence of a flexible carriage area provides a clear path to expand living space, add a bonus room, or even an additional bedroom, enhancing functionality.
Generous Outdoor Space & RV Parking: A spacious backyard suitable for entertaining or future enhancements, coupled with valuable RV parking, enhances the property's utility and appeal.
Newer Roof: A recently replaced roof reduces immediate maintenance concerns and significant capital expenditure for the new homeowner.
Desirable Location: Situated in a great location with convenient access to local amenities and major commuter routes, enhancing daily living and potential resale value.

Cons

Compact Living Space: With only 756 square feet, the home offers limited interior living space, which may not suit buyers seeking larger accommodations.
Single Bathroom: The property features only one bathroom, which can be a functional limitation for multiple occupants or families.
Age and Required Updates: Built in 1950, the home likely requires significant updates beyond cosmetic improvements (fresh paint, clean carpets) to modernize systems and aesthetics, implying further investment.

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