$830,000
SOLD APR 11, 2025

7421 Ivo St Downey, CA 90240

4 Beds
2 Baths
1,930 Sq Ft
6,342 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

8% Below List Price

43 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Price Elementary School Rated A-
  • Bonus Room
  • 2 Car Garage

About This Home

As of April 2025

This spacious home, situated in a fantastic Downey neighborhood, offers endless potential to create the home of your dreams. Featuring 4 bedrooms and 2 bathrooms, it boasts a large den with convenient direct access to the 4th bedroom, making it perfect for versatile living arrangements. The property also includes a 2-car garage with an attached bonus room ideal for use as a home office, gym, or even a potential ADU. With a newer roof already in place, this home is a blank canvas awaiting your personal touch to transform it into a true masterpiece. Don't miss this opportunity to bring new life to this charming home!

Last Agent to Sell the Property

Jon Henderson

InspireHome License #01222315 Listed on: 01/28/2025

Last Buyer's Agent

Evelyn Calas

Berkshire Hathaway Home Services California Proper License #02050422

Berkshire Hathaway Home Services California Proper

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 1952

Lot Details

  • 6,342 Sq Ft Lot
  • Lot Dimensions are 58x107
  • Property is zoned DOR106

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Awning
  • Living Room with Fireplace
  • Den with Fireplace
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Window Bars
  • Alarm System

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6359-005-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,131

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 1930
  • Lot Acreage: 0.1456
  • Lot Dimensions: 58x107
  • Property Condition: Fixer, Repair Cosmetic, Additions/Alter
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Hardwood, Stone, Linoleum, Carpet
  • Appliances: Oven-Electric
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Converted Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Gas Or Electric Dryer Hookup, Alarm System, Garbage Disposal
  • Price Per S Q F T: 466.27
  • Windows: Awning

Exterior Features

  • Construction: Flag, Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage Is Detached, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Water Heater: Electric
  • Heating: Wall, Floor Furnace
  • Security: Prewired for alarm system, Window Bars
  • Sewer: In Street
  • Water: Public, Meter on Property

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6359-005-013
  • Lot Location: Flats
  • Lot Size Area: 6342

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Mar 18, 2025
Sold by
2013 Edythe M Grayson Revocable Trust and Blouin Mary Deneal
Bought by
Hsb Real Estate Acquisition Llc
Seller's Agent
Jon Henderson
InspireHome
Buyer's Agent
Evelyn Calas
Berkshire Hathaway Home Services California Proper
List Price
$899,900
Sold Price
$830,000
Premium/Discount to List
-$69,900
-7.77%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$150,000
Outstanding Balance
$149,741
Interest Rate
6.76%
Mortgage Type
Seller Take Back
Estimated Equity
$704,763

Purchase Details

Closed on
Sep 13, 2013
Sold by
Grayson Edythe M
Bought by
Grayson Edythe M and 2013 Edythe M Grayson Revocable Trust

Purchase Details

Closed on
Oct 22, 2009
Sold by
Grayson Edythe M
Bought by
Grayson Edythe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 25, 2009
Sold by
Grayson Leroy W
Bought by
Grayson Edythe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $830,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Seller Take Back
Open $705,500 New Conventional
Previous Owner $14,065 Negative Amortization
Previous Owner $675,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $1,230,000 +48.2% $580 / Sq Ft
04/11/2025 04/11/25 Sold $830,000 -7.8% $430 / Sq Ft
03/12/2025 03/12/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $899,900 -- $466 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,131 $304,106 $120,141 $183,965
2023 $3,998 $298,144 $117,786 $180,358
2022 $3,806 $292,299 $115,477 $176,822
2021 $3,709 $286,568 $113,213 $173,355
2019 $3,615 $278,070 $109,856 $168,214
2018 $3,429 $272,618 $107,702 $164,916
2016 $3,308 $262,034 $103,521 $158,513
2015 $3,260 $258,099 $101,967 $156,132
2014 $3,086 $253,044 $99,970 $153,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-489641

The MLS

APN: 6359-005-013