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11919 Susan Avenue, Downey, California 90242, Downey, 90242 - 3 bed, 2 bath

11919 Susan Avenue, Downey, California 90242 home-pic-0
ACTIVE$1,150,000
11919 Susan Avenue, Downey, California 90242
3Beds
2Baths
1,232Sqft
5,004Lot

Price Vs. Estimate

The estimated value ($915,380.415) is $234,619.585 (20%) lower than the list price ($1,150,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: Includes a private 539 sqft Accessory Dwelling Unit (ADU) with 1 bed, 1 bath, kitchen, and living room, offering significant potential for rental income or multi-generational living.
Top Cons:
Potential Overpricing: The current listing price of $1,150,000 is 19% higher than the estimated property value of $923,934.69, suggesting it may be overpriced relative to market estimations.

Compared to the nearby listings

Price:$1.15M vs avg $850.0K (+$300,000)83%
Size:1,232 sqft vs avg 1,382.5 sqft41%
Price/sqft:$933 vs avg $58996%

More Insights

Built in 1959 (66 years old).
Condition: Despite being built in 1959, this property has undergone extensive and modern renovations, making it move-in ready. The kitchens (main and ADU) feature contemporary white shaker cabinets, light countertops, and modern stainless steel appliances, including integrated washer/dryer units. Bathrooms are updated with modern vanities and fixtures. Flooring consists of well-maintained hardwood/laminate and tile. Recessed lighting and modern ceiling fans are present throughout. The ADU is a significant, likely recent, addition. While the original structure is older and the cooling system is unspecified, the visible components are in excellent, updated condition, aligning with a 'Good' rating.
Year Built
1959
Close
-
List price
$1.15M
Original List price
$1.23M
Price/Sqft
$933
HOA
-
Days on market
-
Sold On
-
MLS number
IG25145513
Home ConditionGood
Features
Patio
View-

About this home

PRICE IMPROVEMENT Home with ADU Move in Ready Welcome to this beautiful home. Main residence features an approximate 1,232 sqft and has 3-bedroom, 2-bathroom with an open-concept layout, with shutters throughout the house, with speaker hook ups and a spacious kitchen that flows into the living area perfect for entertaining or everyday living. Step outside to a beautifully landscaped backyard complete with a built-in barbecue and fruit plants, offering the perfect outdoor living space. Bonus: This property includes a private ADU adding additional 539 square footage to the home and has a 1 bedroom 1 bathroom kitchen, living room area with a private entrance great for multigenerational living or generating extra income. Both units add up to 1,771 square feet. This homes offers plenty of front parking for 4 cars, Close to shopping, and freeways this stunning home offers elegance and comfort.

Price History

Date
Event
Price
12/07/00
Sold
$230,000
07/29/99
Sold
$190,000
05/12/16
Sold
$475,000
Condition Rating
Good
Despite being built in 1959, this property has undergone extensive and modern renovations, making it move-in ready. The kitchens (main and ADU) feature contemporary white shaker cabinets, light countertops, and modern stainless steel appliances, including integrated washer/dryer units. Bathrooms are updated with modern vanities and fixtures. Flooring consists of well-maintained hardwood/laminate and tile. Recessed lighting and modern ceiling fans are present throughout. The ADU is a significant, likely recent, addition. While the original structure is older and the cooling system is unspecified, the visible components are in excellent, updated condition, aligning with a 'Good' rating.
Pros & Cons

Pros

Income-Generating ADU: Includes a private 539 sqft Accessory Dwelling Unit (ADU) with 1 bed, 1 bath, kitchen, and living room, offering significant potential for rental income or multi-generational living.
Move-in Ready & Modern Layout: The main residence is described as 'Move in Ready' with an open-concept layout, shutters throughout, and speaker hook-ups, providing a contemporary and comfortable living space.
Enhanced Outdoor Living: Features a beautifully landscaped backyard with a built-in barbecue and fruit plants, creating an attractive and functional outdoor entertainment area.
Ample Parking: Offers plenty of front parking space for up to 4 cars, a valuable amenity for residents and guests.
Convenient Location: Strategically located close to shopping centers and major freeways, ensuring easy access to amenities and transportation.

Cons

Potential Overpricing: The current listing price of $1,150,000 is 19% higher than the estimated property value of $923,934.69, suggesting it may be overpriced relative to market estimations.
Age of Main Structure: Built in 1959, the main residence is over 60 years old, which may lead to concerns about the condition of original systems and potential future maintenance, despite being 'move-in ready'.
Unspecified Cooling System: The property description does not mention the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months in California.

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