
Downey, California 90241
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,099,900—positioned well below the $1,094,911 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Condition Rating of 4, the home offers a massive 9,016 sqft lot with R-2 Zoning for ADU development. Located in the Downey Unified School District near Downey High School, this property balances immediate livability with significant long-term upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11103 Marbel Avenue Subject | $1,049,900* List Price | 3 | 2 | 1,934 | $545 | - |
A 10406 Hasty Sold | $1,200,000 | 4 | 3 | 2,097 | $572 | 0.9 mi |
B 9356 Farm Sold | $1,195,000 | 3 | 2 | 1,954 | $612 | 0.8 mi |
C 10336 Hasty Sold | $1,142,000 | 3 | 2 | 1,627 | $702 | 0.9 mi |
D 9388 Bigby Street Sold | $1,300,000 | 3 | 3 | 2,280 | $570 | 0.9 mi |
E 10802 Hasty Sold | $1,102,000 | 4 | 2 | 1,779 | $619 | 0.7 mi |
F 8670 7th Sold | $1,210,000 | 3 | 3 | 2,674 | $453 | 0.4 mi |
G 10531 Dolan Sold | $910,000 | 3 | 2 | 1,410 | $645 | 0.6 mi |
H 10634 Clancey Active | $995,000 List Price | 2 | 1 | 1,613 | $617 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the home has received some key functional updates including a newer roof, double-pane windows, and laminate flooring. However, the interior remains dated with 1970s-style wood paneling, wall heaters rather than central HVAC, and older kitchen cabinetry. It is functional and move-in ready but requires significant cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9016, living area = 1934.
The oversized 9,014 sqft lot with R-2 zoning provides a rare opportunity for expansion or the construction of an ADU, making it ideal for multi-generational living or rental income.
Perfectly situated on a quiet cul-de-sac in the heart of Downey, the property offers exceptional walkability to Downey High School, Stonewood Mall, and local dining.
Built in 1938, the property may possess aging core systems such as plumbing or electrical that could require future modernization despite surface-level upgrades.
The traditional floor plan with a step-down family room and separate living areas may feel dated to buyers seeking a modern, open-concept living space.
Golden Opportunity!! .. charming single story home located on a cul-de-sac in the heart of Downey .. R-2 zoned huge lot 9,014 sqft. with large backyard perfect for entertaining and great potential to expand or build an "ADU" to create additional living space for multi-generational residence or to generate added income (inquire with city for all opportunities) .. long driveway leads to 2-car garage with laundry area & sink and attached workshop .. formal living room with fireplace, beam ceiling, recessed lights .. step down separate family room includes built-in desk & bookcase, garden view with access to backyard .. bright kitchen has dining area with built-in buffet, dishwasher, range oven & hood, access to driveway .. 3 bedrooms (one with built-in desk & bookcase ideal for home office) .. 2 bathrooms (one full bathroom with separate tub & shower, one Jack & Jill), upgrades include: newer roof, double pane windows & blinds, patio sliding door, laminate wood flooring, .. centrally located within walking distance to high school, shops & restaurants, Stonewood Mall .. This Home is a Must See!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,934 | 1,517.386 |
| Lot Size | 9,016 | 7,116.561 |
| Price | $1.05M | $940.6K |
| Price per sq ft | $543 | $631 |
| Built year | 1938 | 1952 |
| HOA | $0 | $300 |
| Days on market | 45 | 52 |
Aug 13, 2026
$1,049,900
$1,099,900
-5% Price Drop
Initial Listing
Jul 26, 2026
$1,099,900
Initial Listing