
Downey, California 90242
This property presents a High-Potential Investment Opportunity with a List Price of $775,000, positioned slightly above the $764,093 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and 1,098 sqft footprint provide a blank canvas for value-add renovations. Key features include a detached 2-car garage, interior laundry, and an oversized 5,940 sqft lot offering significant expansion potential. This asset is well-suited for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic aesthetic upgrades in a desirable Downey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12637 Coldbrook Subject | $775,000* List Price | 2 | 2 | 1,098 | $696 | - |
A 12608 Coldbrook Avenue Sold | $800,000 | 3 | 2 | 1,034 | $774 | 0.1 mi |
B 8725 Mccallum Sold | $725,000 | 2 | 1 | 1,093 | $663 | 1.0 mi |
C 12752 Cowley Sold | $810,000 | 3 | 2 | 1,276 | $635 | 0.7 mi |
D 10225 Foster Rd Sold | $820,000 | 4 | 3 | 1,346 | $609 | 0.6 mi |
E 8701 Boyne Sold | $625,000 | 2 | 1 | 704 | $888 | 0.9 mi |
F 10251 Foster Road Sold | $825,000 | 4 | 2 | 1,229 | $671 | 0.7 mi |
G 12650 Glenshire Active | $899,000 List Price | 3 | 2 | 1,496 | $601 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property is significantly dated and requires modernization. While it features some past updates like granite countertops and wood flooring, the listing's emphasis on 'potential' and 'bringing your vision' suggests it needs aesthetic updates and minor repairs to meet current market standards.
The property sits on a slightly oversized 5,940 sqft lot, providing ample space for outdoor living, potential ADU construction, or future home expansion in a desirable Downey neighborhood.
Featuring a rare 2-bathroom configuration for a 2-bedroom home of this era, the floor plan includes interior laundry and a detached 2-car garage, offering a strong foundation for modern convenience.
Marketed as a home with significant potential for customization, this property presents a prime opportunity for buyers or investors to build equity through personalized renovations and upgrades.
At 1,098 square feet, the interior living area is relatively compact, which may be a constraint for growing families or those seeking spacious common areas.
The property is positioned as a fixer-upper needing a 'personal touch,' implying that immediate capital investment will be necessary to address dated finishes and potential deferred maintenance.
Welcome to this cozy 2-bedroom, 1¾-bath home in Downey, offering plenty of potential and opportunity! This property is a great option for buyers looking to add their personal touch and make a home their own. Situated on a slightly oversized lot, the home features a kitchen with what appear to be granite countertops, a dedicated dining area, and a comfortable family room/den. Additional highlights include convenient interior laundry, what appear to be wood flooring, and a detached 2-car garage. With its desirable Downey location, spacious lot, and potential for customization, this property is one you won’t want to miss. Bring your vision and take advantage of this excellent opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,098 | 1,517.386 |
| Lot Size | 5,940 | 7,116.561 |
| Price | $775.0K | $940.6K |
| Price per sq ft | $706 | $631 |
| Built year | 1950 | 1952 |
| HOA | $0 | $300 |
| Days on market | 6 | 52 |
Sep 3, 2026
$775,000
Initial Listing
Sep 8, 2009
$295,000
Public Record
Nov 23, 2004
$395,000
Public Record