
Downey, California 90241
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $934,900—positioned above the $839,319 Fair Market Value. While the property requires modernization to reach its full potential, its Condition Rating of 4 and premium Golf Course View provide a solid foundation for value-add renovations. The generous 6,039 square foot lot and prime location within the Downey Unified School District offer long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a home in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11658 Mitla Avenue Subject | $934,900* List Price | 2 | 3 | 1,173 | $716 | - |
A 11437 Norlain Avenue Sold | $832,000 | 3 | 2 | 1,318 | $631 | 0.5 mi |
B 7509 Adwen Sold | $880,000 | 3 | 2 | 1,408 | $625 | 0.6 mi |
C 7738 Adwen Street Sold | $907,500 | 3 | 2 | 1,566 | $580 | 0.8 mi |
D 11508 Old River School Road Active | $850,000 List Price | 3 | 2 | 1,123 | $757 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this property appears well-maintained but significantly dated. The exterior shows older architectural features like window awnings and a mid-century style that suggests the interior systems, kitchen, and bathrooms likely exceed 20-30 years without a major overhaul. While functional and move-in ready, it requires modernization to meet current market standards.
The property features a premium golf course view, providing a serene and picturesque backdrop that significantly enhances its market appeal and tranquility.
Situated in the highly desirable Southwest Downey area within the Downey Unified School District, the home is located in a sought-after neighborhood known for long-term value.
The 6,039 square foot lot offers substantial outdoor space, providing excellent potential for landscaping, entertaining, or future structural expansions.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With a list price of $934,900 for 1,173 square feet, the property has a high price-per-square-foot ratio that may challenge buyer expectations and appraisal values.
The two-bedroom configuration may limit the property's appeal to larger families or buyers requiring additional space for a home office or guest room.
2 bedrooms 2 baths, remodeled kitchen, formal dining room. Inside laundry. Garage with air conditioner, perfect for activities like sewing, handcrafting or watching TV. BIG separate rumpus room in the back of the main house. Great for guests, casual living, family gatherings or a children's play room with a bathroom Cozy fireplace to enjoy in winter nights. Beautiful California style front garden and back yard with guava, chirimoya, nispero and fig trees. Please, make appointment to show with the agent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,173 | 1,623 |
| Lot Size | 6,039 | 7,122 |
| Price | $934.9K | $935.5K |
| Price per sq ft | $797 | $617 |
| Built year | 1949 | 1952 |
| HOA | $0 | $0 |
| Days on market | 23 | 49 |
Jun 29, 2026
$934,900
Initial Listing
Oct 19, 2001
$215,000
Public Record
Jun 19, 2001
$21,000
Public Record