12315 Pomering, Downey, California 90242, Downey, 90242 - 3 bed, 2 bath
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Downey, California 90242
This property presents a High-Potential Investment Opportunity with a List Price of $889,000—positioned slightly above the $870,182 Fair Market Value. While the home requires a full interior rehab due to its Fair Condition Rating, the 1952 build offers a Versatile Floor Plan with a Pool and Spa in a prime Downey Unified school district. This asset is ideal for Value-Add Investors or first-time buyers looking to personalize a home with significant long-term appreciation potential in a highly sought-after neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12315 Pomering Subject | $889,000* List Price | 3 | 2 | 1,752 | $497 | - |
A 8166 Borson Street Sold | $772,500 | 3 | 2 | 1,505 | $513 | 1.0 mi |
B 12265 Caladre Sold | $807,500 | 3 | 2 | 1,595 | $506 | 0.9 mi |
C 7156 Nada Sold | $927,000 | 3 | 3 | 2,255 | $411 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and retaining its original finishes, the property is over 70 years old without significant modernization. The kitchen and bathrooms are severely dated, featuring mid-century cabinetry, drop-tile ceilings, and older fixtures. The presence of wall heaters indicates a lack of modern central HVAC, and while the home is well-maintained, it requires a full interior rehab to address aging systems and aesthetic standards.
Situated in the highly desirable Southwest Downey neighborhood, this property offers long-term value and stability within a sought-after school district.
The backyard features a well-maintained pool and spa, providing a premium amenity for relaxation and entertainment that is highly coveted in the Southern California market.
In addition to three bedrooms, the spacious den offers significant flexibility to be utilized as a home office, salon, or additional living area to suit modern lifestyle needs.
The home retains its original 1952 finishes, requiring a significant budget for cosmetic updates and modernization to meet contemporary aesthetic standards.
With a pool and spa occupying a large portion of the 5,517 sq. ft. lot, there is minimal traditional lawn or green space remaining for other outdoor activities.
Excellent opportunity to own in one of Downey's most desirable neighborhoods! This well-maintained single-story home has been lovingly cared for by the same ownership for many years and offers 3 bedrooms, 2 bathrooms, plus a spacious den currently being used as a salon, providing flexible space for a home office, playroom, or additional living area. Situated on a 5,517 sq. ft. lot, the backyard features a sparkling pool and spa, perfect for relaxing or entertaining. While the interior retains its original finishes, the home has been exceptionally well cared for, making it an ideal opportunity for buyers looking to personalize and update to their own taste. Whether you're a first-time homebuyer searching for a great neighborhood or an investor looking for your next project, this property offers outstanding potential in a highly sought-after Downey location. Don't miss this chance to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,752 | 1,623 |
| Lot Size | 5,517 | 7,122 |
| Price | $889.0K | $935.5K |
| Price per sq ft | $507 | $617 |
| Built year | 1952 | 1952 |
| HOA | $0 | $0 |
| Days on market | 26 | 49 |
Jun 26, 2026
$889,000
Initial Listing