
Downey, California 90242
This Dual-Living Residential Asset represents a Prime Investment Opportunity, listed at a List Price of $1,000,000—positioned well below the $1,023,532 Fair Market Value by 2%. This valuation gap offers $23,532 in Instant Equity. Featuring a Mint Condition Rating with a 2024 permitted ADU, this property provides immediate rental income potential or multigenerational flexibility. With modern upgrades like central HVAC and an EV outlet, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in Downey.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11919 Susan Avenue Subject | $1,000,000* List Price | 4 | 3 | 1,771 | $578 | - |
A 7125 Cole Sold | $915,000 | 3 | 2 | 1,768 | $518 | 0.2 mi |
B 11911 Susan Avenue Sold | $875,000 | 3 | 2 | 1,243 | $704 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand new 2024 permitted ADU and a main residence that has been recently renovated within the last 5 years. The interior shows mint condition with an updated kitchen featuring white shaker cabinets and stainless steel appliances, modern flooring, recessed lighting, and updated systems including central HVAC and an EV outlet.
The property includes a brand-new, fully permitted 1-bedroom ADU built in 2024 with separate gas and electric meters, providing excellent potential for rental income or multigenerational living.
The main residence features contemporary essentials including an updated kitchen, central HVAC, and an EV charging outlet, catering to the needs of modern homeowners.
Situated in a desirable Downey neighborhood, the home offers close proximity to the Downey Promenade, multiple golf courses, and major shopping and dining hubs.
While gas and electricity are separate, the water meter is shared between both units, which may complicate utility billing and management for those using the ADU as a rental.
With two separate dwellings and a large driveway on a 5,004 sq. ft. lot, the remaining private yard space is relatively limited compared to traditional single-family residences.
Welcome to this beautifully maintained Downey property offering the perfect blend of comfort and flexibility with a 3-bedroom, 2-bathroom main residence plus a fully permitted, attached ADU built in 2024. The main home offers approximately 1,232 sq. ft. of living space (buyer to verify) with an inviting open floor plan, updated kitchen, shutters, fireplace, and central HVAC and heating. An EV outlet adds convenience for today’s lifestyle. The 1-bedroom, 1-bathroom ADU offers approximately 539 sq. ft. (buyer to verify) and features a mini-split system and separate gas and electric meters, with water shared between both residences. Built in 2024 and fully permitted, the ADU provides an excellent opportunity for extended family, guests, a home office, or additional rental income. Outside, enjoy a beautifully maintained backyard designed for entertaining, complete with a built-in BBQ pit with its own chimney chute, storage shed, and a spacious driveway with parking for approximately four vehicles. Conveniently located near the Downey Promenade, Los Amigos Golf Course, and Rio Hondo Golf Club, with shopping, dining, recreation, and entertainment just minutes away. A versatile Downey property offering two separate living spaces and endless possibilities for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,771 | 1,517.386 |
| Lot Size | 5,004 | 7,116.561 |
| Price | $1.00M | $940.6K |
| Price per sq ft | $565 | $631 |
| Built year | 1959 | 1952 |
| HOA | $0 | $300 |
| Days on market | 14 | 52 |
Aug 26, 2026
$1,000,000
Initial Listing
May 12, 2016
$475,000
Public Record
Dec 7, 2000
$230,000
Public Record
Jul 29, 1999
$190,000
Public Record