11410 Dolan Avenue 341, Downey, California 90241, Downey, 90241 - 2 bed, 1 bath
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Downey, California 90241
This Rare Two-Bedroom Senior Condo represents a High-Potential Investment Opportunity with a List Price of $365,800—positioned well below the $414,345 Fair Market Value by 11%. This valuation gap provides $48,545 in Instant Equity. While currently in Fair Condition, the unit features a City Lights View, in-unit laundry, and a rare layout within a high-demand 55+ community. Located near Top-Rated Schools like Downey High, this asset offers significant value-add potential through cosmetic updates. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a walkable urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11410 Dolan Avenue 341 Subject | $358,800* List Price | 2 | 1 | 771 | $465 | - |
A 11410 Brookshire 117 Sold | $325,000 | 1 | 1 | 571 | $569 | 0.1 mi |
B 11410 Dolan Avenue 110 Sold | $325,000 | 1 | 1 | 573 | $567 | - |
C 11410 Brookshire Active | $437,500 List Price | 2 | 2 | 770 | $568 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property falls into the 'fair' category as it is over 20 years old and appears to have been maintained through regular upkeep rather than a full modern renovation. While the unit is functional and includes desirable features like in-unit laundry, the kitchen and bathroom styles, cabinetry, and fixtures reflect the original construction era or older updates, showing typical signs of being outdated compared to current 'excellent' or 'good' standards.
As one of only six 2-bedroom units in a 127-unit complex, this property offers a rare opportunity for extra space or a guest room in a high-demand senior community.
Ideally situated within walking distance to local restaurants, theaters, and shopping, providing residents with easy access to entertainment and daily necessities in a nice Downey neighborhood.
The inclusion of a washer and dryer within the unit offers significant convenience and accessibility, which is a highly sought-after feature for senior living.
HOA regulations mandate that only residents aged 55 and older may live on the premises, which significantly limits the potential buyer pool and future resale market.
Despite having two bedrooms, the unit only features one bathroom, which may be a drawback for households with multiple occupants or those who frequently host guests.
55+ Senior condo. Only 55 years old and up may live in the premise by HOA rules and regulations. There are only 6 of 2 bedrooms units out whole 127 units in the building. RARE opportunity to own a TWO bedroom senior condo in nice neighborhood in Downey. Walking distance to many restaurants, theatre, shopping and entertainment. Large kitchen with full bathroom. Washer and dryer in UNIT. Owner must sell due to relocating out of country.
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 | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.5 | 42% |
| Square foot | 771 | 1,145 | 50% |
| Lot Size | 72,277 | 59,028 | 58% |
| Price | $358.8K | $559.5K | 42% |
| Price per sq ft | $465 | $471 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $225.0 | $328 | 25% |
| Days on market | 71 | 127 | 25% |
Apr 17, 2026
$358,800
$364,800
-2% Price Drop
Initial Listing
Apr 8, 2026
$364,800
$365,800
+0% Price Increase
Initial Listing
Mar 10, 2026
$365,800
$368,800
-1% Price Drop
Initial Listing
Mar 3, 2026
$368,800
$378,800
-3% Price Drop
Initial Listing
Feb 24, 2026
$378,800
$357,700
+6% Price Increase
Initial Listing
Feb 10, 2026
$357,700
Initial Listing
Nov 1, 2012
$122,000
Public Record
May 16, 2002
$135,000
Public Record