10233 Cord, Downey, California 90241, Downey, 90241 - 4 bed, 4 bath
ACTIVE$1,625,000
10233 Cord, Downey, California 90241
4Beds
4Baths
3,250Sqft
Lot
Price Vs. Estimate
The estimated value ($1,589,586.525) is $35,413.475 (2%) lower than the list price ($1,625,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Living Space: With 3250 square feet, this property offers substantial living space, accommodating larger families or those desiring expansive interiors.
Top Cons:
Property Age: Built in 1961, the home is over 60 years old, which may imply dated systems, finishes, or a need for significant renovations to meet modern standards and preferences.
Compared to the nearby listings
Price:$1.62M vs avg $975.0K (+$650,000)95%
Size:3,250 sqft vs avg 1,738 sqft96%
Price/sqft:$500 vs avg $61121%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this property is over 60 years old. While the exterior appears well-maintained, the age strongly indicates that major systems, kitchen, and bathrooms are likely outdated and would require significant renovation to meet modern standards. The visible older windows and TV antenna on the roof further suggest that the property has not undergone extensive recent renovations. It is functional but shows clear signs of its age, aligning with the 'Fair' condition criteria.
Year Built
1961
Close
-
List price
$1.63M
Original List price
$1.63M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
RS25231929
Home ConditionFair
Features
View-
About this home
Nearby schools
7/10
Rio San Gabriel Elementary School
Public,•K-5•0.3mi
8/10
Gallatin Elementary School
Public,•K-5•1.0mi
6/10
Lakeview Elementary School
Public,•K-5•1.2mi
7/10
Studebaker Elementary School
Public,•K-5•1.3mi
7/10
Price Elementary School
Public,•K-5•1.6mi
5/10
Rio Hondo Elementary School
Public,•K-5•1.8mi
6/10
Doty Middle School
Public,•6-8•0.1mi
7/10
Lakeside Middle School
Public,•6-8•1.2mi
7/10
Griffiths Middle School
Public,•6-8•1.6mi
7/10
Lake Center Middle
Public,•6-8•1.6mi
5/10
Sussman Middle School
Public,•6-8•2.3mi
7/10
Downey High School
Public,•9-12•1.1mi
8/10
Santa Fe High School
Public,•9-12•1.1mi
7/10
Warren High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
11/01/94
Sold
$145,000
Condition Rating
Fair
Built in 1961, this property is over 60 years old. While the exterior appears well-maintained, the age strongly indicates that major systems, kitchen, and bathrooms are likely outdated and would require significant renovation to meet modern standards. The visible older windows and TV antenna on the roof further suggest that the property has not undergone extensive recent renovations. It is functional but shows clear signs of its age, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Generous Living Space: With 3250 square feet, this property offers substantial living space, accommodating larger families or those desiring expansive interiors.
High Bed/Bath Count: The 4 bedrooms and 4 bathrooms provide an excellent ratio, offering convenience, privacy, and flexibility for residents and guests.
Prime School Proximity: Located very close to highly-rated schools such as Rio San Gabriel Elementary (0.27 miles) and Doty Middle School (0.13 miles), enhancing its appeal for families.
Established Residential Area: Situated in the desirable Northeast Downey area, the property benefits from a stable community and convenient access to local amenities.
Desirable Property Type: As a Single Family Residence, the property aligns with a highly sought-after housing type, generally appreciating well in the residential market.
Cons
Property Age: Built in 1961, the home is over 60 years old, which may imply dated systems, finishes, or a need for significant renovations to meet modern standards and preferences.
Lack of Views: The property explicitly states 'None' for views, which can be a significant drawback for buyers prioritizing scenic outlooks or premium outdoor aesthetics.
Potential Overpricing: The current list price of $1,625,000 is higher than the estimated value of $1,565,350.38, suggesting it may be priced above current market expectations, potentially affecting market time or requiring a price adjustment.