
Downey, California 90242
This Spacious Two-Story Residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,080,000—positioned slightly above the $1,050,778 Fair Market Value. While currently requiring cosmetic modernization, the property’s Condition Rating of 4 and expansive 7,080 sqft lot provide a clear path to forced appreciation. Key features include a versatile layout with a downstairs bedroom and significant ADU Development Potential via the detached oversized garage. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12636 Glynn Subject | $1,080,000* List Price | 4 | 3 | 2,393 | $439 | - |
A 8516 Lyndora Sold | $770,000 | 3 | 2 | 1,441 | $534 | 0.1 mi |
B 8166 Borson Street Sold | $772,500 | 3 | 2 | 1,505 | $513 | 0.2 mi |
C 12325 Glynn Sold | $1,060,000 | 4 | 3 | 1,994 | $532 | 0.4 mi |
D 12825 Morning Avenue Active | $849,000 List Price | 3 | 2 | 1,491 | $569 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property shows signs of partial updates including laminate flooring and a newer roof, but the overall aesthetic is dated and the listing indicates it is ready for a buyer's vision to modernize, placing it in the 15-30 year renovation category.
The 2,393 sqft floor plan includes a downstairs bedroom and full bath, making it ideal for multigenerational living, guests, or those seeking single-level accessibility.
Situated on a generous 7,080 sqft lot, the property features a detached oversized garage and a long driveway, offering significant potential for an Accessory Dwelling Unit (ADU) conversion.
The expansive backyard serves as a private retreat, complete with mature fruit trees including lemon, kumquat, pomegranate, and guava, perfect for outdoor entertaining.
The home is described as 'ready for a buyer's vision,' indicating that the interior likely requires modernization and upgrades to meet contemporary design standards.
The property listing explicitly states there is no view, which may be a disadvantage for buyers prioritizing aesthetic vistas or neighborhood outlooks.
Back on the Market your buyer gets a 2nd chance, Spacious two- story home located in the desirable City of Downey offering 2,393 soft of living space on a generous 7,080 soft lot. This 4- bedroom, 3- baths home features laminate flooring , ample space and a practical layout ideal for everyday living. The functional layout features a downstairs bedroom and full bath- ideal for guests, multigenerational living or added convenience . 2 upstairs bedrooms (one smaller and one more generously sized)share a Jack and Jill bathroom. The very large master bedroom features a walk-in closet and its own full bathroom. A long driveway leads to a detached oversized garage with tons of potential for a future ADU. The expansive backyard is perfect for entertaining, relaxing or creating your own outdoor retreat. Enjoy mature fruit trees including lemon, kumquat, pomegranate and guava. The home is comfortable as is and ready for a buyer's vision to make it their own.
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 | 2,393 | 1,517.386 |
| Lot Size | 7,080 | 7,116.561 |
| Price | $1.08M | $940.6K |
| Price per sq ft | $451 | $631 |
| Built year | 1949 | 1952 |
| HOA | $0 | $300 |
| Days on market | 20 | 52 |
Aug 20, 2026
$1,080,000
Initial Listing
Aug 15, 1997
$149,000
Public Record