$1,499,000
PENDING $100K PRICE DROP

9203 Chaney Ave Downey, CA 90240

Estimated payment $9,265/month

Total Views 332,071
6 Beds
4 Baths
2,068 Sq Ft
$725 Price per Sq Ft

Highlights

  • Newly Remodeled
  • No HOA
  • Laundry Room
  • Downey High School Rated A
  • Ductless Heating Or Cooling System
  • Landscaped

About This Home

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!

Listing Agent

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,778

Year Built

  • Built in 1951 | Newly Remodeled

Lot Details

  • 7,907 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR17500*

Parking

  • 1 Car Garage

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 16843
  • Assessor Parcel Number 6389006022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,778

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 749500
  • Property Attached: No
  • View: No
  • Zoning: DOR17500*
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 6389006022
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Ground Floor
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 724.85
  • Room Type: All Bedrooms Down, Family Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Level
  • Lot Size Sq Ft: 7907.00
  • Lot Size Acres: 0.1815

Multi Family

  • Average3 Bed Area: 1034 Square Feet
  • Gross Income: 7000.00
  • Gross Scheduled Income: 84000.00
  • Lot Size Area: 7907.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5505.02
  • Tax Lot: 86
  • Tax Tract Number: 16843

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,778 $855,208 $684,167 $171,041
2023 $10,371 $838,440 $670,752 $167,688
2022 $1,125 $63,002 $36,465 $26,537
2021 $1,079 $61,767 $35,750 $26,017
2019 $1,053 $59,938 $34,691 $25,247
2018 $932 $58,763 $34,011 $24,752
2016 $885 $56,484 $32,692 $23,792
2015 $871 $55,636 $32,201 $23,435
2014 $841 $54,547 $31,571 $22,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Pending -- -- --
03/24/2025 03/24/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $1,499,000 0.0% $725 / Sq Ft
03/14/2025 03/14/25 Price Changed $1,499,000 -6.3% $725 / Sq Ft
02/05/2025 02/05/25 For Sale $1,599,000 0.0% $773 / Sq Ft
02/05/2025 02/05/25 For Sale $1,599,000 +94.5% $773 / Sq Ft
03/16/2022 03/16/22 Sold $822,000 +17.4% $724 / Sq Ft
02/15/2022 02/15/22 For Sale $700,000 -14.8% $617 / Sq Ft
02/08/2022 02/08/22 Off Market $822,000 -- --
02/02/2022 02/02/22 For Sale $700,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Deed -- --
Grant Deed $822,000 New Title Company Name
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Closed $616,000 New Conventional
Previous Owner $12,000 Credit Line Revolving
Previous Owner $70,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

About the Listing Agent

Joshua Glaz

The Ave

(562) 784-5796

Section Image

Joshua Glaz, the Founder and Visionary behind The Ave Agency, is a renowned Broker, Realtor, and Mortgage Loan Originator (MLO) in California. Operating from the sun-soaked shores of San Diego to the bustling streets of Los Angeles, Joshua specializes in transforming real estate dreams into reality.

Joshua's expertise is unmatched, and his client-centric approach sets him apart. He doesn't just close deals; he creates win-win situations, ensuring every transaction positively impacts all

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25026414

California Regional Multiple Listing Service (CRMLS)

APN: 6389-006-022