
Downey, California 90241
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $995,000—positioned above the $949,259 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and 1,613 sqft footprint offer significant value-add potential. Located in a prime North Downey neighborhood with access to Top-Rated Schools like Rio San Gabriel Elementary and Downey High, the home features Hardwood Floors and a Spacious Den. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10634 Clancey Subject | $995,000* List Price | 2 | 1 | 1,613 | $601 | - |
A 9225 Buell Street Sold | $1,100,000 | 3 | 2 | 1,539 | $715 | 0.2 mi |
B 10809 Pangborn Avenue Sold | $860,000 | 3 | 2 | 1,446 | $595 | 0.5 mi |
C 10336 Hasty Sold | $1,142,000 | 3 | 2 | 1,627 | $702 | 0.6 mi |
D 8237 Arnett Sold | $740,000 | 3 | 1 | 1,005 | $736 | 1.0 mi |
E 10802 Hasty Sold | $1,102,000 | 4 | 2 | 1,779 | $619 | 0.4 mi |
F 9356 Farm Sold | $1,195,000 | 3 | 2 | 1,954 | $612 | 0.4 mi |
G 8708 Cherokee Active | $885,500 List Price | 3 | 2 | 1,697 | $522 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home features cosmetic updates including fresh paint and new carpet. However, the bathroom and kitchen appear dated (likely 20+ years since last major renovation), and there is no mention of updated HVAC or electrical systems. While well-maintained and livable, it requires modernization to meet current standards.
Situated in the highly sought-after North Downey area, this home offers exceptional proximity to top-rated schools like Rio San Gabriel Elementary and Downey High, as well as convenient access to Stonewood Mall and major freeways.
With 1,613 square feet of living space, this property is significantly larger than typical two-bedroom homes, featuring a spacious step-down den that provides versatile options for a home office or family room.
The interior boasts classic hardwood floors, fresh paint throughout, and brand-new carpeting, offering a clean and inviting atmosphere for immediate occupancy while maintaining its original charm.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Despite the large square footage, the home only offers two bedrooms and a single bathroom, which may limit its appeal to growing families or buyers seeking a modern primary suite.
As a 1948 build being sold as a Trust Sale, the property may require updates to its core systems or kitchen and bath fixtures to fully align with modern luxury standards and the current list price.
Charming North Downey home in a GREAT LOCATION! 2 Bedroom, 1 Bath home with a SPACIOUS step-down DEN with sliding glass doors to the patio. Living room with Dining Area and fireplace. Kitchen with Eating Area. Inside Laundry Area. HARDWOOD FLOORS. Fresh paint throughout. New carpet. DETACHED GARAGE with long driveway for off-street parking. Close to Stonewood Mall, Downey High School, Doty Middle School and Rio San Gabriel Elementary School, restaurants and 5, 605 and 105 freeways. Trust Sale. A MUST SEE!!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,613 | 1,517.386 |
| Lot Size | 6,110 | 7,116.561 |
| Price | $995.0K | $940.6K |
| Price per sq ft | $617 | $631 |
| Built year | 1948 | 1952 |
| HOA | $0 | $300 |
| Days on market | 48 | 52 |
Jul 23, 2026
$995,000
Initial Listing