
Downey, California 90241
This 55+ Senior Condominium is a High-Potential Investment Opportunity listed at $308,000—positioned well below the $320,000 Fair Market Value by 3%. This valuation gap offers $12,000 in Instant Equity for buyers. While the unit holds a Condition Rating of 4 due to its original finishes, it features remarkably Low HOA Fees of $235 and a private balcony. Located in the heart of Downey near Downey High School, the community provides a secure lobby and gated parking. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11410 Dolan Ave Unit 319 Subject | $308,000* List Price | 1 | 1 | 573 | $558 | - |
A 11410 Dolan Avenue 110 Sold | $325,000 | 1 | 1 | 573 | $567 | - |
B 11410 Dolan Ave. 112 Sold | $325,000 | 1 | 1 | 573 | $567 | - |
C 11410 Dolan Avenue 237 Sold | $320,000 | 1 | 1 | 573 | $558 | - |
D 11410 Brookshire 316 Active | $349,000 List Price | 1 | 1 | 571 | $611 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this unit is well-maintained and move-in ready but shows significant signs of being outdated. The kitchen features original-style oak cabinetry, laminate countertops, and older white appliances rather than modern stainless steel. The bathroom and flooring also appear to be from the original construction or an older renovation. While functional and clean, the property lacks the contemporary finishes required for a higher rating.
Situated in the heart of Downey, this property offers exceptional walkability to local restaurants, shops, and banks, providing a highly convenient lifestyle for residents.
The monthly HOA fee of $235 is remarkably affordable and includes essential utilities like water and trash, offering excellent value for a managed community.
Residents benefit from a wide array of amenities including a secure lobby, dual elevators, a recreation room with a kitchen, a game room, and gated assigned parking.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 72254.
As a 55+ senior living complex, the property has a limited pool of potential buyers, which can impact resale speed and excludes younger demographics.
At 573 square feet, the living space is quite compact for a one-bedroom unit, which may feel restrictive for those with significant furniture or storage needs.
Wellcome to Regent Terrace 55+. Community. in the Heart of Downey. 1 bedroom 1 bath. There is a private Balcony Accessed. Kitchen includes Breakfast Counter/Bar for Casual Dining includes Dishwasher Low monthly HOA $235. include water, trash. Community Amenities include Secure Main Lobby, 2 elevators, Spacious Recreation Room with kitchen perfect for Entertaining Guest for Gathering, TV lounge, Game room with Pool Table and relaxing out door patio. Gated Garage with 1- Assigned Parking. Complex is centrally located Near Restaurants, Shops, Stores, Banks. A great opportunity to live in the Hear of Downey.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 2.5 | 42% |
| Square foot | 573 | 1,144.5 | 42% |
| Lot Size | 1.66 | 51,208.5 | 17% |
| Price | $308.0K | $559.5K | 8% |
| Price per sq ft | $538 | $507 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $235.0 | $328 | 25% |
| Days on market | 55 | 127 | 17% |
Mar 27, 2026
$308,000
$320,000
-4% Price Drop
Initial Listing
Feb 26, 2026
$320,000
Initial Listing