
Downey, California 90242
Analysis of 12937 Downey, Downey, California 90242 is currently available with a list price of $869,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Downey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1954 and shows no evidence of recent renovations. The kitchen is severely dated with appliances and cabinetry likely exceeding 30-40 years in age, and the presence of window AC units indicates a lack of modern central HVAC. While currently occupied, the interior and exterior show significant wear and require a full rehab to meet modern standards.
The property features long-term tenants and significant room for rental growth, offering a solid opportunity for investors to increase income through strategic management and upgrades.
Situated in the high-demand South Downey area, the property provides excellent proximity to major freeways, shopping centers, and dining, ensuring consistent tenant appeal.
The duplex offers two 2-bedroom units with individual detached garages on a generous 6,347 sqft lot, providing a desirable layout for both investors and owner-occupants.
Originally built in 1954, the property may require capital expenditures for system updates or modernization to remain competitive with newer rental stock.
With only one garage space per 2-bedroom unit, the property may face challenges accommodating multi-vehicle households, potentially leading to reliance on street parking.
Fantastic investment opportunity with this great duplex on a large lot located in Downey! Two attached 2BD 1BA Units with detached 1 car garages for both. Selling "As Is" and out of state owners are not wanting to do repairs, and only offers of cash/conventional financing, no FHA. Front unit to be delivered vacant upon close of escrow. Month to month tenants, well maintained property, with plenty of room for growth. This property is ideal for investors or owner-occupants, and has great potential with value add-ons. Conveniently located in the South Downey area and near major freeways, shopping centers and restaurants, this is a solid opportunity to own an income-producing property in a high-demand area. Don't miss out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,776 | - |
| Lot Size | 6,347 | - |
| Price | $869.9K | $2.44M |
| Price per sq ft | $490 | $449 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 36 | 87 |
Aug 4, 2026
$869,900
Initial Listing