$690,000
SOLD JUN 26, 2025

7848 Burns Ave Downey, CA 90241

2 Beds
1 Bath
906 Sq Ft
4,757 Sq Ft Lot

Recently Sold

$762 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Golf Course Community
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Williams Elementary School Rated 9+
  • 1 Car Attached Garage
  • Park

About This Home

As of June 2025

Charming Fixer with Endless Potential in Prime Downey Location!
Welcome to this 2-bedroom, 1-bath single-family residence—a perfect opportunity for investors, DIY enthusiasts, or anyone ready to design their dream home. With 900 square feet of living space on a 4,757 square foot lot, there’s room to expand, add on, or completely reimagine the space to suit your needs.
Situated in the highly sought-after Downey Unified School District, this home offers both lifestyle and location. You're just a mile from Downey Landing and Downey Promenade, giving you access to fantastic shopping, dining, and entertainment.
Whether you're planning to renovate for personal use or looking for a solid rental investment, the potential here is undeniable. Priced to sell and brimming with opportunity, this Downey gem is ready for its next chapter.
Don’t miss your chance to invest in one of the most desirable and accessible communities!

Last Agent to Sell the Property

George Mairena

Imperial Properties Brokerage Phone: 562-884-7080 License #00602257 Listed on: 04/30/2025

Co-Listed By

Lori Pryor

Imperial Properties Brokerage Phone: 562-884-7080 License #01888234

Last Buyer's Agent

Jared Nunez

Century 21 Allstars License #01961731

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,757 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 15961
  • Assessor Parcel Number 6247004029
  • $425 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6247004029
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 906.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 761.59
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 4757.00
  • Lot Size Acres: 0.1092

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4757.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5514.02
  • Tax Lot: 23
  • Tax Tract Number: 15961
  • TaxOtherAnnualAssessmentAmount: 425.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 14, 2025
Sold by
Trust A Of The Harvey H Gillispie And Ni and Gillispie Nina Charlene
Bought by
Gallegos Omar Gonzalez and Rodriguez Veronica
Seller's Agent
George Mairena
Imperial Properties
Buyer's Agent
Jared Nunez
Century 21 Allstars
List Price
$674,900
Sold Price
$690,000
Premium/Discount to List
$15,100
2.24%
Views
70
Current Estimated Value
$713,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,947
Avg. Annual Appreciation
5.95%
Original Mortgage
$655,500
Outstanding Balance
$653,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$60,697

Purchase Details

Closed on
Dec 14, 2004
Sold by
Gillispie Nina Charlene and Gillispie Harvey H
Bought by
Gillispie Nina Charlene and Trust A

Purchase Details

Closed on
Aug 28, 1996
Sold by
Gillispie Harvey H and Gillispie Nina C
Bought by
Gillispie Harvey H
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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Purchase History

Date Type Sale Price Title Company
Grant Deed $690,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $655,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $690,000 +2.2% $762 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $674,900 -- $745 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,238 $239,223 $164,977 $74,246
2024 $3,238 $234,534 $161,743 $72,791
2023 $3,133 $229,936 $158,572 $71,364
2022 $2,982 $225,428 $155,463 $69,965
2021 $2,906 $221,009 $152,415 $68,594
2019 $2,833 $214,456 $147,896 $66,560
2018 $2,728 $210,252 $144,997 $65,255
2016 $2,642 $202,089 $139,367 $62,722
2015 $2,604 $199,054 $137,274 $61,780
2014 $2,468 $195,155 $134,585 $60,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25090970

California Regional Multiple Listing Service (CRMLS)

APN: 6247-004-029