
Downey, California 90242
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at a List Price of $950,000—positioned well below the $971,334 Fair Market Value by 2%. This valuation gap provides $21,334 in Instant Equity. Featuring a Condition Rating of 2, the home offers a remodeled kitchen, modern flooring, and a spacious backyard with a patio. With its Junior ADU potential and proximity to Downey Unified schools, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12327 Dunrobin Subject | $950,000* List Price | 4 | 2 | 1,692 | $574 | - |
A 12208 Dunrobin Avenue Sold | $920,000 | 3 | 2 | 1,428 | $644 | 0.2 mi |
B 13213 Faust Avenue Sold | $880,000 | 3 | 2 | 1,819 | $484 | 0.7 mi |
C 8441 Alameda Sold | $949,000 | 3 | 2 | 1,793 | $529 | 0.5 mi |
D 13027 Fidler Avenue Sold | $850,000 | 3 | 2 | 1,416 | $600 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1953, the property has undergone a comprehensive recent renovation within the last 5 years. Key updates include a fully remodeled kitchen and bathrooms, modern wide-plank flooring throughout, recessed lighting, and updated systems including central HVAC. The exterior features newer paint and stacked-stone accents, presenting the home in mint, move-in-ready condition.
Situated directly across from Gauldin Elementary and adjacent to Independence Park, this home offers unparalleled convenience for families and immediate access to recreational green space.
The property features a fully remodeled kitchen and bathrooms, along with significant exterior upgrades like custom ironwork and stacked-stone accents, ensuring a move-in-ready experience.
A remodeled garage provides a turnkey opportunity for a Junior ADU or home office, complemented by a long driveway and a spacious backyard for future growth.
Despite the aesthetic renovations, the 1953 construction may necessitate ongoing maintenance or inspections of original underlying systems typical of homes from this era.
The 5,969 sqft lot is relatively standard for the area, which may limit extensive outdoor development for buyers seeking a larger estate-sized parcel at this price point.
Welcome to this beautifully upgraded 4-bedroom, 2-bathroom home located in one of Downey's convenient and family-friendly neighborhoods. Situated directly across from Gauldin Elementary School and just behind Independence Park, this charming residence offers comfort, functionality, and endless possibilities for its next owner. From the moment you arrive, you'll appreciate the outstanding curb appeal featuring a custom iron front gate, newer exterior paint, decorative stacked-stone accents, manicured landscaping, and a welcoming covered front porch perfect for enjoying your morning coffee or relaxing evenings. Inside, the home showcases a thoughtfully designed floor plan where the living room flows seamlessly into the remodeled kitchen, creating an ideal space for everyday living and entertaining. The updated kitchen offers modern finishes, custom cabinetry, and a functional layout that serves as the heart of the home. Both bathrooms have been tastefully remodeled, providing a fresh and contemporary feel. A spacious separate family room offers a warm and inviting retreat complete with a custom brick fireplace, built-in bookshelves, and plenty of room for gatherings, movie nights, or quiet relaxation. The oversized primary suite in the back is a true private retreat, featuring a spacious bedroom, private en-suite bathroom, walk-in closet, and sliding glass door that opens directly to the tranquil backyard, perfect for enjoying peaceful mornings, evening breezes, and seamless indoor-outdoor living. Additional features include an indoor laundry closet, central air conditioning and heating, and ceiling fans in nearly every room for year-round comfort. The remodeled garage presents exciting potential for a future Junior ADU, home office, gym, or creative workspace. Outside, the expansive park-like backyard provides endless opportunities for entertaining, gardening, play areas, or future expansion. The long driveway offers abundant parking and can accommodate multiple vehicles with ease. Conveniently located near Promenade at Downey, Downey Landing, popular restaurants, shopping, parks, schools, Kaiser Permanente Downey Medical Center and easy access to the 105 and 605 freeways, this home truly combines location, lifestyle, and opportunity. A rare opportunity to own an upgraded home in Downey neighborhood with room to grow and endless potential. Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,692 | 1,623 |
| Lot Size | 5,969 | 7,122 |
| Price | $950.0K | $935.5K |
| Price per sq ft | $561 | $617 |
| Built year | 1953 | 1952 |
| HOA | $0 | $0 |
| Days on market | 15 | 49 |
Jul 7, 2026
$950,000
Initial Listing
Feb 10, 2012
$265,000
Public Record
Mar 31, 2004
$350,000
Public Record
Oct 21, 1999
$167,000
Public Record