Cash Flowing Owner Financed

Home features 2 bedrooms, 1 bath sell ASAP

12641 Cornuta Ave, Downey, CA 90242

$499,000 After Repair Value -
$285,000 Asking Price -
$10,000 Cost of Repairs =
$204,000 Potential Profit

Property Details

Asking Price $285,000

After Repair Value $499,000

Costs of Repairs $10,000

Potential Profit $204,000

Living Area 1,230 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

Investors, Developers and end users take note of this incredible Downey Fixer opportunity. Centrally located to local schools, freeways and within minutes of the Promenade Shopping Plaza. This East facing gem is a true diamond in the rough with great upside potential as well as ADU possibilities. Home features 2 bedrooms, 1 bath, a large open galley style kitchen, direct garage access along with an attached bonus room/family room and an extra bath towards the rear of home measuring approximately 15 feet x 30 Feet. Permits for bonus room and extra bath are unknown, buyers to verify. The expansive 7,203 square foot backyard is an incredible open space with room for further expansion. Bring your vision, handyman or contractor and maximize the potential of this home. Due to condition home will not qualify for traditional financing, being sold in its \"As-Is, Present Condition.

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Eva Muiz

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