Welcome to 12045 Rives Avenue, a unique opportunity offering two vacant residences with exceptional flexibility and potential. The beautifully maintained property features a total of 5 bedrooms and 4 bathrooms and over 2100+ sqft of combined living space, blending timeless architectural character with comfortable everyday living. Natural light fills the interiors, highlighting hardwood floors and elegant coved ceilings. A spacious living room flows into the adjacent dining area, while the generously sized kitchen features a charming breakfast nook and ample opportunity to personalize the space. Complementing the 3-bedroom main residence is a permitted, detached 2-bedroom, 2-bathroom ADU, offering privacy and versatility for extended family, guests, or potential rental income. The ADU features shaker-style kitchen cabinetry, updated bathrooms, recessed lighting, and dual-pane windows. Both residences offer dedicated washer and dryer areas, along with separate electric and gas meters, while the ADU additionally features a submeter. A long driveway provides ample parking, and the generous outdoor space offers plenty of room for entertaining, gatherings, or creating your own private retreat. With both units DELIVERED VACANT, the property presents an excellent opportunity for an owner-user, multi-generational household, or investor looking for flexibility and income potential. Conveniently located near dining, parks, recreation, and the 5, 710, and 605 freeways, with Downey Landing and The Promenade at Downey just minutes away. Located within the highly regarded Downey Unified School District, this versatile property offers the opportunity to enjoy two separate residences and endless possibilities in an established Downey community.
Based on the average sale price from the Beverly Hills, CA office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
12045 Rives Ave Downey, CA is a Single Family Home for sale at $1279000 with 2186 sqft and a lot size of 0.1477 Acres Acre(s). 12045 Rives Ave Downey has 5 bedrooms, 2 baths and was built in 1931. The property's zip code is 90242 which is in Downey, CA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.