
Downey, California 90241
This Prime Investment Opportunity is listed at a List Price of $399,000—positioned well below the $413,804 Fair Market Value by 3%. This valuation gap offers $14,804 in Instant Equity. Featuring a Condition Rating of 4, the unit is move-in ready but offers significant upside through cosmetic modernization. Located in a walkable 55+ community near Porto’s Bakery and the 605 Freeway, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, well-connected lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11410 Brookshire Subject | $399,000* List Price | 2 | 2 | 770 | $542 | - |
A 11410 Dolan Avenue 341 Sold | $350,000 | 2 | 1 | 771 | $454 | 0.1 mi |
B 11410 Brookshire 117 Sold | $325,000 | 1 | 1 | 571 | $569 | 0.0 mi |
C 11410 Dolan Ave Unit 319 Sold | $308,000 | 1 | 1 | 573 | $538 | 0.1 mi |
D 11410 Dolan Avenue 110 Sold | $325,000 | 1 | 1 | 573 | $567 | 0.1 mi |
E 11410 Brookshire 316 Active | $320,000 List Price | 1 | 1 | 571 | $560 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this 35-year-old property falls into the dated category. While the kitchen has stone countertops and the unit appears well-maintained, the cabinets, black appliances, and bedroom carpeting are older styles that would benefit from modern updates. It is functional and move-in ready but exceeds the 20-year threshold for a 'Good' rating without a recent full renovation.
Situated in the heart of Downey, this property offers an exceptional walkable lifestyle with immediate proximity to Porto’s Bakery, supermarkets, and diverse dining options.
The community provides a social clubhouse and a pool area currently being upgraded into a serene courtyard, offering a high quality of life for senior residents.
Located less than a block from Firestone Boulevard with rapid access to the 605 Freeway, the property ensures convenient connectivity to the rest of Southern California.
As a 55+ community, the property has a restricted pool of potential buyers, which can limit marketability and impact future resale timelines.
With only 770 square feet for a two-bedroom, two-bathroom unit, the living space is quite compact and may feel restrictive for those downsizing from larger homes.
Welcome to easy, carefree living in this charming 2-bedroom, 2-bathroom condominium located in a desirable 55+ community in the heart of Downey. Enjoy an exceptional walkable lifestyle with restaurants, supermarkets, pharmacies, and the world-famous Porto's Cuban Bakery just moments away. Whether you're meeting friends for coffee, picking up groceries, or enjoying a leisurely stroll through the neighborhood, daily essentials are right at your fingertips. Additionally, the pool area is in the process of being converted into a gorgeous court yard, creating a serene environment for relaxation. The community features a welcoming clubhouse and lounge area, providing the perfect setting for social gatherings, activities, and meeting neighbors. For those who enjoy exploring Southern California, the location is hard to beat—less than one block from Firestone Boulevard with quick access to the 605 Freeway, making trips to family, friends, shopping, dining, aa breeze.
No exterior & parking available.
Grades K-3 • 0.9 mi
Grades 4-5 • 1.9 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 770 | 1,003 |
| Lot Size | 59,028 | 107,390 |
| Price | $399.0K | $539.0K |
| Price per sq ft | $518 | $508 |
| Built year | 1991 | 1984 |
| HOA | $330.0 | $350 |
| Days on market | 42 | 71 |
Jun 10, 2026
$399,000
Initial Listing
Apr 30, 2001
$100,000
Public Record