13238 Premiere Avenue, Downey, California 90242, Downey, 90242 - 4 bed, 3 bath
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13238 Premiere Avenue
Downey, California 90242
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,656Sq Ft
5,184Lot Size
Property Price
LIST PRICE$879,000
EST. MARKET VALUE
$899,000
SUMMARY
This Spacious Traditional Home is a Strong Value Opportunity, listed at $899,000—positioned well below the $946,967 Fair Market Value by 5%. This valuation gap offers $47,967 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a 2023 kitchen remodel and a 2025 ADU-style garage conversion, the property provides modern flexibility. Located in the Downey Unified district with easy freeway access, this home is an ideal acquisition for Owner-Occupants seeking move-in ready comfort or Buy-and-Hold Investors looking for rental-ready versatility.
Estimated Market Value
$899,000
Based on Realkey algorithm analyzing recent comparable sales in Downey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13238 Premiere Avenue Subject | $879,000* List Price | 4 | 3 | 1,656 | $543 | - |
A 13213 Faust Avenue Sold | $880,000 | 3 | 2 | 1,819 | $484 | 0.9 mi |
B 12208 Dunrobin Avenue Sold | $920,000 | 3 | 2 | 1,428 | $644 | 1.0 mi |
C 8516 Lyndora Sold | $770,000 | 3 | 2 | 1,441 | $534 | 1.0 mi |
D 12817 Blodgett Avenue Sold | $800,000 | 3 | 2 | 1,278 | $626 | 0.7 mi |
E 12327 Dunrobin Active Under Contract | $950,000 List Price | 4 | 2 | 1,692 | $561 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a significant remodel with a kitchen renovation in 2023 and a garage conversion in 2025. It features modern finishes, updated plumbing, new flooring, and recessed lighting, meeting the criteria for excellent condition due to major renovations completed within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- ADU-Style Living Space
The 2025 garage conversion provides a versatile ADU-style space, ideal for multi-generational living, a private home office, or potential rental income.
- Modern Interior Upgrades
With a remodeled kitchen completed in 2023 and updated plumbing, the home offers contemporary aesthetics and reduced immediate maintenance needs.
- Strategic Commuter Location
Situated in a desirable Downey neighborhood with quick access to the 105 and 605 freeways, the property is perfectly positioned for easy regional commuting.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 5,184 sq. ft. lot is relatively modest for a four-bedroom home, which may limit outdoor recreational space or future expansion possibilities.
- Lack of Scenic Views
The property does not offer any significant views, which could be a drawback for buyers prioritizing aesthetic vistas or elevated privacy.
About 13238 Premiere Avenue
Welcome to this spacious and updated Downey home offering a flexible 4-bedroom, 3-bathroom layout. Originally a 3-bedroom, 2-bathroom home, the garage has been converted into additional ADU-style living space with a bedroom and bathroom. Recent improvements include updated plumbing, a remodeled kitchen completed in 2023, and an updated garage conversion in 2025. Enjoy a generous backyard perfect for entertaining or relaxing. Ideally located near shopping, dining, schools, and the 105 and 605 freeways. Garage conversion was completed without permits; buyer and buyer’s agent to independently verify permits, use, and property information. Move-in ready with space and versatility!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,184 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,656 | 1,517.386 |
| Lot Size | 5,184 | 7,116.561 |
| Price | $879.0K | $940.6K |
| Price per sq ft | $531 | $631 |
| Built year | 1956 | 1952 |
| HOA | $0 | $300 |
| Days on market | 26 | 52 |
Pricing History
Listed for Sale
Sep 1, 2026
$879,000
$899,000
-2% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$899,000
Initial Listing
Sold
Sep 27, 2017
$530,000
Public Record
Sold
Nov 17, 2005
$590,000
Public Record
Sold
Jun 20, 1997
$163,000
Public Record