
Downey, California 90242
This Modern Turnkey Residence with a Permitted ADU is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,114,140 Fair Market Value by 1%. This valuation gap offers $14,140 in Instant Equity. Boasting an Excellent Condition Rating, the property features a 2021 main-home remodel and a 2022-built detached ADU, perfect for rental income. With a paid-off solar system, smart home integration, and a location within the Downey Unified district, it balances luxury with fiscal utility. This is an ideal match for Owner-Occupants seeking a house-hack or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13247 Deming Avenue Subject | $1,100,000* List Price | 4 | 3 | 1,963 | $568 | - |
A 8512 Puritan Sold | $850,000 | 4 | 2 | 1,346 | $632 | 0.5 mi |
B 8754 Parkcliff Street Sold | $1,055,000 | 3 | 3 | 1,594 | $662 | 0.3 mi |
C 8312 Devenir Active | $1,050,000 List Price | 4 | 2 | 1,714 | $613 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive full-interior renovation in 2021, including a complete electrical rewiring, new PEX plumbing, and a new energy-efficient heat pump system. The kitchen and bathrooms feature modern shaker cabinets, quartz countertops, and smart Samsung appliances. Additionally, a detached ADU was completed in 2022 with high-end finishes. With a paid-off solar system and smart home integration, all components meet current quality standards with no deferred maintenance.
The property features a fully permitted, detached ADU completed in 2022 with 9' ceilings and independent utilities, providing an excellent opportunity for rental income or multi-generational living.
Extensively reimagined in 2021, the home boasts high-end infrastructure including a paid-off Enphase solar system, new PEX plumbing, upgraded electrical, and a whole-home Sonos sound system.
The 7,000+ sq ft gated lot serves as a private oasis, featuring a large gazebo with a built-in heater, electric fireplace, and TV hookups, perfect for year-round outdoor hosting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1963, other record living area = 1563.
Listed at $1.1M, the property is positioned at a significant premium for a 1950s-built home in this area, which may limit the pool of qualified buyers.
Despite the high-end interior and exterior finishes, the property offers no significant views, which can be a drawback for buyers at this luxury-leaning price bracket.
Looking for a modern, turnkey home with a fully permitted detached ADU in the city of Downey? Look no further! This completely reimagined home has been upgraded to the nines. The main home has 4 bedrooms and 2 bathrooms and went through a full interior remodel in 2021 including modern bathrooms, new flooring, full electrical rewiring and panel upgrade, new PEX plumbing throughout, a new energy-efficient heat pump system, recessed lighting, newer windows, a kitchen revamp with all new shaker cabinets, quartz countertops, and smart Samsung appliances. The home has a beautiful entertainment build-out and the whole home is equipped with smart features such as Lutron Intelligent lights and Whole-home Sonos sound system. Want space for extended family to stay in or rental income to help offset your mortgage payments? The detached ADU will be perfect for you and was completed in 2022 and includes 9' high ceilings, modern designer finished kitchen and bathrooms, dedicated mini-split system, in-unit laundry hookups, and its own 40-gallon water heater. Step outside to this entertainer's oasis featuring a gas fireplace and a large gazebo with a built-in heater, electric fireplace, and TV hookups. This private home is fully gated with an electric front gate and a large driveway and sits on over 7,000 sq ft of lot space. It doesn't end there! The home also includes a paid-off Enphase solar system. Enjoy an extremely convenient location with nearby parks, easy freeway access, the Lakewood Metro station, Kaiser Downey, Downey Landing shopping center, and so much more! This unique opportunity won't last so don't miss out, come see it today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,963 | 1,381 | 77% |
| Lot Size | 7,163 | 6,038.5 | 70% |
| Price | $1.10M | $884.5K | 82% |
| Price per sq ft | $560 | $642 | 36% |
| Built year | 1950 | 1953 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 151 | 2% |
Mar 16, 2026
$1,100,000
Initial Listing
Dec 2, 2020
$625,000
Public Record
Feb 5, 2004
$325,000
Public Record