
Downey, California 90241
This Spacious Mid-Century Ranch is a Prime Investment Opportunity, listed at $1,175,000—positioned well below the $1,206,274 Fair Market Value by 2%. This valuation gap provides $31,274 in Instant Equity. Boasting a Condition Rating of 4, the home is meticulously maintained with a 2014 Presidential Shake Roof and Central HVAC, yet offers significant upside through cosmetic modernization. Located on an expansive corner lot near Rio Hondo Elementary and Griffiths Middle, it is the perfect match for Owner-Occupants seeking a sanctuary or Value-Add Investors looking to capitalize on the prestigious Orange Estates market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10253 Hopeland Subject | $1,125,000* List Price | 3 | 3 | 2,406 | $486 | - |
A 10302 Pomering Road Sold | $1,192,000 | 3 | 2 | 2,058 | $579 | 0.2 mi |
B 7457 3rd Street Sold | $1,135,000 | 3 | 2 | 2,102 | $540 | 0.7 mi |
C 7333 Via Rio Nido Active | $1,419,950 List Price | 3 | 3 | 2,521 | $563 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is meticulously maintained but significantly outdated in style. While it features key functional upgrades like a newer roof (2014), central HVAC, and stainless steel kitchen appliances, the interior aesthetics—including tile countertops, extensive wallpaper/borders, and older wall-to-wall carpeting—reflect a renovation period from over 20 years ago. It is move-in ready but requires cosmetic modernization to meet current market standards.
Situated in the prestigious Orange Estates on an expansive corner lot, this mid-century ranch features timeless brick accents and a sprawling lawn that provides exceptional neighborhood presence.
The generous 2,406 square foot floor plan includes a unique two-story ceiling den, offering the flexibility to easily serve as a large fourth bedroom or a sophisticated home office.
Held by the same family for over 50 years, the home shows true pride of ownership with key infrastructure updates including central HVAC and a premium Presidential Shake roof installed in 2014.
While lovingly maintained, the 1953 interior finishes may require aesthetic updates and remodeling to meet the expectations of buyers seeking a contemporary luxury aesthetic.
The two-car garage is detached from the main residence, which may be considered less convenient for direct home access during inclement weather compared to an attached layout.
This charming mid-century ranch-style home, beautifully accented with brick and located in the highly desirable Orange Estates, is ready to begin its next chapter after being lovingly cared for by the same family for more than 50 years. Situated on an expansive corner lot, the home welcomes you with a sprawling lawn and inviting formal entry. Inside, a classic living room with a stone fireplace flows into a spacious dining room large enough to accommodate generous furnishings and highlighted by a lovely bay window. The comfortable kitchen features recessed lighting and stainless steel appliances, including a refrigerator, microwave, and dishwasher, along with a cozy breakfast nook and convenient desk area. A bifold closet discreetly houses a side-by-side washer and dryer, while an additional door opens to a generous walk-in pantry. At the heart of the home you have a 2-story ceiling den with windows that glow over head, perfect as a potential 4th bedroom or office. Down the hall, both guest bedrooms are well-sized with a full bathroom positioned between them, while the primary suite offers a true retreat with a three-part walk-in closet and a private en-suite bathroom featuring a double vanity, walk-in shower, and separate jetted tub overlooking the garden. Outside, a spacious concrete patio provides the perfect setting for outdoor dining and entertaining, while around the corner a lush backyard with a mature Pin Oak tree creates a serene space to enjoy the beautiful Southern California weather. A detached two-car garage is easily accessed from the patio for convenient loading and unloading, and additional highlights include central HVAC and a newer Presidential Shake roof installed in 2014.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 2,406 | 1,831 | 80% |
| Lot Size | 7,344 | 7,497.5 | 48% |
| Price | $1.12M | $1.01M | 61% |
| Price per sq ft | $468 | $607 | 15% |
| Built year | 1953 | 1951 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 171 | 4% |
Apr 17, 2026
$1,125,000
$1,175,000
-4% Price Drop
Initial Listing
Mar 12, 2026
$1,175,000
Initial Listing