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Raymond Penado

Ray Penado
The RP Group

CalBRE# 01709871
Lotus Group Real Estate
8408 Florence Ave, Downey, CA 90240

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Listing 13 out of 172
$729,000 New For Sale
7231 Dinwiddie Street
Downey, CA 90241
2 units | Multi Family Home
0.33 acre lot - MLS# PW17159564
Property Photo


TWO on a LOT - 14,545 sq. ft.lot! Great Downey area and schools, this 2 bed 2 bath house in front is occupied (family member) and the 3 / 2 home in back is vacant see remarks. Front house is a little worn and back house is the real deal FIXER, maybe not lendable. HUGE potential to add on and expand into rear yard area or create an urban oasis. Fireplaces in both homes, good hardwood floors in back house. Back has not been occupied for 20 plus years but mechanical functions are fine - utilities on, roof is dry, doors and windows sound....just needs rehab. Great for enterprising buyer to live in one and build sweat equity, income property to be held long term, potential flip. Good parking and one garage with space for another. Same family owned for many many years, now it's time for the next chapter.


  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Listing Price: $729,000
  • Zip Code: 90241
  • Year Built: 1956
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 3.00
  • Acres: 0.33 acre lot
  • Zoning: DOR1&HFB*
  • Area: D2 - Northwest Downey, N of Firestone, W of Downey
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 2677
  • Building Area Units: Square Feet
  • Community Features: Curbs, Gutters
  • Country: US
  • Directions: Go north on Old River School Road from Firestone, then left (west) in one block on Dinwiddie
  • Garage Spaces: 3.00
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Lot Features: Back Yard
  • Lot Size Area: 14545.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: MR
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Berkshire Hathaway H.s.c.p., William Shelton
Based on information from California Regional Multiple Listing Service, Inc. as of 2017-07-25. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Raymond Penado | CalBRE # 01709871 | 562-569-8488 | Email Me
8408 Florence Ave - Downey, CA 90240
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