
Downey, California 90242
This Value-Add Residential Asset is listed at $899,000, compared to a $828,652 Fair Market Value that reflects its current condition. Holding a Condition Rating of 5, the property requires a comprehensive rehab to address deferred maintenance and dated 1979 systems. However, the 1,496 sqft layout, Granite Kitchen, and spacious patio provide a solid foundation for forced appreciation. Situated on a nearly 7,000 Sqft Lot within the Downey Unified district, the location ensures strong resale demand. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12650 Glenshire Subject | $899,000* List Price | 3 | 2 | 1,496 | $554 | - |
A 12265 Caladre Sold | $807,500 | 3 | 2 | 1,595 | $506 | 0.9 mi |
B 8725 Mccallum Sold | $725,000 | 2 | 1 | 1,093 | $663 | 0.9 mi |
C 8264 Lankin Sold | $725,000 | 2 | 1 | 997 | $727 | 0.8 mi |
D 8502 Borson Street Active | $860,000 List Price | 3 | 2 | 1,432 | $601 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979, this property shows significant signs of deferred maintenance and age-related wear. The exterior stucco and wood trim exhibit peeling paint and weathering, while the interior features dated popcorn ceilings and worn flooring. Although the description mentions granite countertops, the overall condition of the structure, garage, and visible systems suggests the home requires a comprehensive rehab to address its 45+ year age.
The property sits on a nearly 7,000 sqft lot featuring a large backyard, side yard, and a long private driveway, providing ample space for outdoor living and parking.
Conveniently located near the 105 Freeway, Lakewood Blvd, and Imperial Hwy, the home offers excellent commuter access and proximity to schools, parks, and shopping.
With nearly 1,500 sqft of living space, the home includes desirable features such as indoor laundry connections, granite countertops, and a cozy fireplace in the living room.
Built in 1979, the home may require cosmetic updates or system upgrades beyond the kitchen counters to meet the expectations of buyers seeking a fully modern aesthetic.
The close proximity to major thoroughfares and the 105 Freeway may result in higher levels of ambient traffic noise, which could impact the tranquility of the neighborhood.
Welcome to 12650 Glenshire Road in the Beautiful City of Downey! This home features three bedrooms & two bathrooms. It has washer and dryer connections inside the home. It has a kitchen with granite counter tops and a separate dining area. It has a large living room with a fireplace where you can relax and unwind. It has a big backyard and side yard with a beautiful orange tree. The front of the home has a two-car garage attached that features a long private driveway. This home has plenty of room with almost 1500 sqft. of living area sitting on an almost 7000 sqft. lot. It is conveniently located near Lakewood Blvd. & Imperial Hwy. off the 105 Fwy. It is near plenty of options for schools, parks, shopping and dining. Don't miss out on the opportunity of owning this beautiful home. Call me today for a private showing or if you would like to make an offer! Open house this weekend!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,496 | 1,381 | 52% |
| Lot Size | 6,986 | 6,038.5 | 68% |
| Price | $899.0K | $884.5K | 50% |
| Price per sq ft | $601 | $642 | 43% |
| Built year | 1979 | 1953 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 151 | 2% |
Apr 13, 2026
$899,000
Initial Listing
Oct 19, 2015
$445,000
Public Record