10939 Little Lake, Downey, California 90241, Downey, 90241 - 3 bed, 2 bath
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Downey, California 90241
This Modern Parkside Residence is a Prime Investment Opportunity, listed at $950,000—positioned well below the $976,819 Fair Market Value by 2%. This valuation gap offers $26,819 in Instant Equity for buyers. Built in 1996, the home maintains a Condition Rating 4, featuring a spacious floor plan with a rare Wilderness Park View and access to the Downey Unified School District. The unfinished third bathroom provides a strategic opportunity for forced appreciation through modernization. This property is perfectly suited for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10939 Little Lake Subject | $950,000* List Price | 3 | 2 | 1,971 | $496 | - |
A 10735 Lesterford Sold | $924,000 | 3 | 2 | 2,028 | $456 | 0.5 mi |
B 10809 Pangborn Avenue Sold | $860,000 | 3 | 2 | 1,446 | $595 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the home is functional but dated, featuring original oak cabinetry and white tile countertops in the kitchen. The property requires modernization and specifically mentions an unfinished third bathroom, fitting the criteria for a home needing minor repairs and updates.
The property is situated directly adjacent to Wilderness Park, providing rare, immediate access to green space and serene park views from the master suite.
Built in 1996, this home is significantly newer than the typical Downey housing stock, offering more contemporary building materials and a modern 1,971 sqft floor plan.
The strategic location near the 5, 605, and 105 freeways offers residents exceptional connectivity to major employment hubs across Los Angeles and Orange Counties.
The presence of an unfinished third bathroom requires the buyer to commit additional capital and time to complete the renovation before the home is fully functional.
A conflict between the official 3-bedroom data and the 4-bedroom marketing description may indicate a non-permitted conversion, which could complicate financing or appraisals.
Welcome to this beautiful 1996-built family home, nestled in a prime Downey location with Wilderness Park right in your backyard. This spacious 4-bedroom, 2-bathroom residence offers a perfect blend of comfort and convenience. The expansive Master Suite serves as a true retreat, complete with a private lounge, oversized closet, and stunning views of the park greenery. Relax by the cozy fireplace in the family room or enjoy the low-maintenance yard, perfect for busy families. With an unfinished third bathroom ready for your personal touch and easy access to the 5, 605, and 105 freeways, this home truly has it all.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,971 | 1,566 | 70% |
| Lot Size | 5,189 | 7,425 | 12% |
| Price | $950.0K | $995.0K | 44% |
| Price per sq ft | $482 | $625 | 14% |
| Built year | 1996 | 1951 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 130 | 5% |
May 6, 2026
$950,000
Initial Listing
Dec 9, 2009
$390,000
Public Record
Jun 1, 2005
$609,000
Public Record
May 14, 2003
$385,000
Public Record