$700,000
SOLD AUG 7, 2025

7437 Laura St Downey, CA 90242

2 Beds
1 Bath
981 Sq Ft
5,251 Sq Ft Lot

Recently Sold

$714 Per Sq Ft

8% Above List Price

6 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Williams Elementary School Rated 9+
  • Eat-In Kitchen
  • Rectangular Lot

About This Home

As of August 2025

This 2-bedroom, 1-bath home is full of character and ready for its next chapter. Whether you're an investor, a DIYer, or someone dreaming of designing their ideal home, this is the perfect home. Sitting on a 5,251 sq ft lot with 981 sq ft of living space, there’s ample room to expand or reimagine to fit your vision. Located in the award-winning Downey Unified School District and just minutes from Downey Landing and Downey Promenade, you’ll enjoy easy access to shopping, dining, and entertainment. Whether you're updating for yourself or building your investment portfolio, the potential is undeniable!

With good bones and a fantastic location, this well-priced opportunity won’t last long. Seize your chance to create something special in one of Downey’s most desirable neighborhoods!

Last Agent to Sell the Property

Jennifer Macaraeg

The Westwood Real Estate Group Brokerage Email: jimmyandjenrealestate@gmail.com License #02138365 Listed on: 07/02/2025

Last Buyer's Agent

Angel Hernandez

Century 21 Allstars License #02097340

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,251 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 981 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • No Heating
  • Standard Electricity

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 4236
  • Assessor Parcel Number 6246014025
  • $435 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOR105
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6246014025
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 981.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 713.56
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 5251.00
  • Lot Size Acres: 0.1205

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5251.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5515.01
  • Tax Lot: 21
  • Tax Tract Number: 4236
  • TaxOtherAnnualAssessmentAmount: 435.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Jul 14, 2025
Sold by
Bee Family Living Trust and Bee Robert D
Bought by
Delgado Ismael
Seller's Agent
Jennifer Macaraeg
The Westwood Real Estate Group
Buyer's Agent
Angel Hernandez
Century 21 Allstars
List Price
$649,999
Sold Price
$700,000
Premium/Discount to List
$50,001
7.69%
Views
75
Current Estimated Value
$700,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43
Avg. Annual Appreciation
0.01%
Original Mortgage
$565,000
Outstanding Balance
$564,028
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$136,015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $700,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 Sold $700,000 +7.7% $714 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $649,999 -- $663 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $3,384 $192,180 $101,207 $90,973
2024 $3,384 $245,894 $176,740 $69,154
2023 $2,611 $184,720 $97,278 $87,442
2022 $2,487 $181,099 $95,371 $85,728
2021 $2,419 $177,549 $93,501 $84,048
2019 $2,359 $172,285 $90,729 $81,556
2018 $2,259 $168,907 $88,950 $79,957
2016 $2,183 $162,350 $85,497 $76,853
2015 $2,152 $159,912 $84,213 $75,699
2014 $2,044 $156,781 $82,564 $74,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25141462

California Regional Multiple Listing Service (CRMLS)

APN: 6246-014-025