tomo logo

$1,599,000

Beds
6
Baths
4.0
sq ft
2,068

9203 Chaney Ave, Downey, CA 90240

9203 Chaney Ave

Downey, CA 90240

  • 18 days on market
    • Open house Feb 23
Welcome to 9203 Chaney – A unique opportunity to own a meticulously designed estate that offers the best of both worlds: flexible multi-generational living or a smart investment strategy to offset your mortgage. This property features two beautiful full-size homes on a spacious.18-acre lot, providing both comfort and versatility for your family’s needs or your investment goals. The front house is a 3-bedroom, 2-bathroom modern farmhouse, featuring sleek Euro-style cabinetry, high-end porcelain finishes, and brand-new appliances. With its open, functional layout and modern design, it offers a perfect space for daily family living or hosting loved ones. The rear house, built in 2024, is a 3-bedroom, 2-bathroom modern coastal-style home, complete with smooth stucco, multi-zone climate control, Low-E windows, and energy-efficient features. Both homes are designed with high-end finishes and spacious floor plans, offering the privacy and independence that is ideal for multi-generational living. Whether you're looking to bring multiple generations together under one roof or seeking a property that can help offset your mortgage, this estate delivers. The two homes on one lot offer flexibility—live in one while renting out the other or enjoy a fully integrated family living experience with private spaces for each generation. The lot also offers room for future expansion, or even the addition of a pool, allowing you to personalize the property to suit your needs. Located in a sought-after, high-demand, high-value rental market, 9203 Chaney is not just a home, but a smart investment in your family's future. With a newly poured driveway and an eye-catching glass-and-metal garage door, the property is both inviting and modern, offering long-term value and immediate comfort. Whether you’re seeking a home for your growing family or an investment property to build wealth, 9203 Chaney is designed to meet your needs. Schedule a tour today to see how this property can work for you!

Details

Property type

Single Family Residence

Est. home value

$863,836

Property condition

New Construction

Lot size

7,907 sq ft

Price per sq ft

$774

Year built

1951

HOA

No

Price History

02/05/2025
CRMLS

CRMLS #DW25026409

Listed
$1,599,000
+94.53%
03/16/2022
CRMLS

CRMLS #DW22020653

Sold
$822,000

Schools & Community

Elementary school: 

Gallatin

Middle school: 

Griffith

High school: 

Downey

Community features: 

Street Lights, Suburban, Sidewalks

High school district: 

Downey Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pangea Group Llc

Loan start date

January 2024

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Commercial

Seller

Andrew Budiman and Miranda Amelia

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 2:25 PM

Listing updated: 02/22/2025 at 3:49 PM

Listed by: Joshua Glaz, Joshua Glaz, The AveThe Ave Phone #: (562) 413-9399

MLS: CRMLS #DW25026409

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