Calling all investors! You’ve heard the saying, “Buy the worst home in the best neighborhood”. Well, here it is! Located in the central area of Downey in a neighborhood with million+ dollar homes on a ¼+ acre lot. 4 bedrooms, 2 bathrooms. Large kitchen. Family & bonus rooms. Built-in salt water pool. New roof. Raised foundation for easy access to plumbing & electrical. Large 2 car garage located behind the home. May have potential for ADU, 2nd home, tri-plex or four-plex? Walking distance to Crawford park. Home is being sold “as-is”. Looking for a cash buyer who can perform quickly. This is a great opportunity for a flip investor or anyone looking to buy into a great neighborhood and gain equity by doing the work themselves. No HOA, low taxes.
Sold for $892,000
Listed by: Inland Valley Realty • John Metcalf • Contact: 951-327-5030
Bought with: C-21 Realty Team
Tax assessed value
$892,000
7044 Pellet St, Downey, CA 90241
4beds
2,127sqft
Single Family Residence
Built in 1952
0.28 Acres Lot
$889,600 Zestimate®
$419/sqft
$5,468 Estimated rent
Home value
$889,600
$801,000 - $987,000
$5,468/mo
Zestimate® history
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List your homeWhat's special
Built-in salt water poolNew roofLarge kitchenFamily and bonus rooms
Zillow last checked:
Listing updated:
Listed by:
John Metcalf DRE #01014401 951-327-5030,
Inland Valley Realty
Bought with:
Margarito Barraza, DRE #01212782
C-21 Realty Team
Source: CRMLS,MLS#: SW25157099
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bonus Room, Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Jetted Tub, Separate Shower, Tub Shower
Heating
- Floor Furnace, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: 6 Burner Stove, Dishwasher, Free-Standing Range, Disposal, Gas Range, Range Hood, Trash Compactor, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Features
- Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Flooring: Tile, Wood
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Primary Bedroom, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,127 sqft
Property
Parking
- Total spaces: 8
- Parking features: Door-Multi, Driveway, Garage, Garage Faces Side
- Attached garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Front porch
- Patio & porch: Front Porch, Porch
- Has private pool: Yes
- Pool features: Fenced, In Ground, Private, Salt Water
- Spa features: None
- Fencing: Block,Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 0.28 Acres
- Features: 0-1 Unit/Acre, Front Yard
Details
- Additional structures: Shed(s)
- Parcel number: 6229016023
- Zoning: DOR1&HFB*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s)
- Security: Prewired
Location
- Region: Downey
Financial & listing details
- Price per square foot: $419/sqft
- Tax assessed value: $892,000
- Date on market: 7/14/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Inclusions: Outdoor sheds, washer & dryer.
- Exclusions: Personal property on premises
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $892,000+11.5%$419/sqft |
Source:  CRMLS #SW25157099 Report a problem | ||
| 7/21/2025 | Pending sale | $799,900$376/sqft |
Source: CRMLS #SW25157099 Report a problem | ||
| 7/21/2025 | Listed for sale | $799,900$376/sqft |
Source: CRMLS #SW25157099 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $892,000 +435.2% |
| 2025 | $2,537 +0.5% | $166,656 +2% |
| 2024 | $2,524 +3% | $163,389 +2% |
| 2023 | $2,451 +4.6% | $160,187 +2% |
| 2022 | $2,344 +3.2% | $157,047 +2% |
| 2021 | $2,272 +1.4% | $153,968 +1% |
| 2020 | $2,241 | $152,391 +2% |
| 2019 | $2,241 +11% | $149,404 +2% |
| 2018 | $2,018 | $146,475 +2% |
| 2017 | $2,018 +1.8% | $143,604 +2% |
| 2016 | $1,982 +2.7% | $140,790 +1.5% |
| 2015 | $1,930 +6.3% | $138,676 +2% |
| 2014 | $1,816 | $135,961 +2.5% |
| 2012 | -- | $132,694 +2% |
| 2011 | -- | $130,093 +0.8% |
| 2010 | -- | $129,122 -0.2% |
| 2009 | -- | $129,430 +2% |
| 2008 | -- | $126,893 +2% |
| 2007 | -- | $124,406 +2% |
| 2006 | -- | $121,968 |
| 2005 | -- | $121,968 +4% |
| 2004 | -- | $117,233 +1.9% |
| 2003 | -- | $115,085 +2% |
| 2002 | -- | $112,829 +4% |
| 2000 | -- | $108,450 |
Find assessor info on the county website
Neighborhood: 90241
Nearby homes
- $970,7005 bd2 ba1.9k sqft7050 Pellet St, Downey, CA 90241Off Market
- $1,124,6007 bd4 ba3k sqft7038 Pellet St, Downey, CA 90241Off Market
- $1,041,8005 bd2 ba2.6k sqft7056 Pellet St, Downey, CA 90241Off Market
- $--2 bd2 ba1k sqft7047 Pellet St #A, Downey, CA 90241Off Market
- $1,230,6005 bd5 ba3.4k sqft7064 Pellet St, Downey, CA 90241Off Market
- $1,146,1004 bd3 ba2.5k sqft7102 Pellet St, Downey, CA 90241Off Market
- $1,145,6005 bd2 ba2.1k sqft7057 Dinwiddie St, Downey, CA 90241Off Market
- $1,001,8004 bd2 ba2.1k sqft7061 Dinwiddie St, Downey, CA 90241Off Market
Nearby schools
GreatSchools rating
- 8/10Rio Hondo Elementary SchoolGrades: K-5Distance: 0.9 mi
- 8/10Griffiths Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Warren High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- High: Warren
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$889,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$889,600
- California
- Los Angeles County
- Downey
- 90241
- 7044 Pellet St
