
Downey, California 90242
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $799,000—positioned well below the $812,440 Fair Market Value by 1.6%. This valuation gap provides $13,440 in Instant Equity. With a Condition Rating of 4, the home offers a functional 1,491 sqft layout in a prime Downey neighborhood served by well-rated schools like Warren High. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12825 Morning Avenue Subject | $849,000* List Price | 3 | 2 | 1,491 | $561 | - |
A 8166 Borson Street Sold | $772,500 | 3 | 2 | 1,505 | $513 | 0.4 mi |
B 8516 Lyndora Sold | $770,000 | 3 | 2 | 1,441 | $534 | 0.8 mi |
C 8121 Adoree Sold | $820,000 | 3 | 1 | 1,296 | $633 | 0.3 mi |
D 8333 Puritan Sold | $850,000 | 3 | 2 | 1,302 | $653 | 0.6 mi |
E 12315 Pomering Pending | $849,000 List Price | 3 | 2 | 1,752 | $485 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property appears well-maintained with some cosmetic updates like plantation shutters and modern ceiling fans; however, the 'endless potential' description and age suggest the kitchen, bathrooms, and major systems are likely dated and require modernization.
Situated in a highly desirable Southwest Downey neighborhood, the property offers excellent proximity to premier shopping, dining, and major freeways for convenient commuting.
The home is served by well-rated schools, including Old River Elementary and Warren High School, making it an attractive option for families prioritizing education.
With a 1,491 square foot floor plan and three bedrooms, the residence provides a practical layout with ample natural light and a comfortable footprint for a variety of buyers.
Built in 1953 and marketed with 'endless potential,' the property likely requires updates or renovations to align with modern aesthetic and functional preferences.
The property lacks any specific views, which may be a disadvantage for buyers seeking a more picturesque or elevated setting within the community.
This inviting 3-bedroom, 2-bathroom home located in a highly desirable Downey neighborhood. Offering a functional floor plan filled with natural light, this residence provides comfortable living with endless potential. Ideally situated near premier shopping, dining, parks, schools, and entertainment, with convenient access to major freeways for an easy commute throughout Los Angeles and Orange County. Enjoy the charm of a well-established community while being just minutes from everything Downey has to offer. A wonderful opportunity to own a home in one of Southeast Los Angeles County's most sought-after cities.
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades 4-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,491 | 1,517.386 |
| Lot Size | 5,744 | 7,116.561 |
| Price | $849.0K | $940.6K |
| Price per sq ft | $569 | $631 |
| Built year | 1953 | 1952 |
| HOA | $0 | $300 |
| Days on market | 49 | 52 |
Aug 19, 2026
$849,000
$799,000
+6% Price Increase
Initial Listing
Jul 22, 2026
$799,000
Initial Listing