
Downey, California 90240
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $949,000—positioned well below the $982,398 Fair Market Value by 3%. This valuation gap offers $33,398 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a brand-new HVAC, solar panels, and an open-concept kitchen. Located in the prestigious Island Community within the Downey Unified School District, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6481 Dos Rios Subject | $949,000* List Price | 4 | 2 | 1,912 | $514 | - |
A 9315 Parrot Sold | $1,150,000 | 4 | 3 | 2,169 | $530 | 0.7 mi |
B 7845 Gainford Street Sold | $1,188,000 | 5 | 4 | 2,200 | $540 | 0.9 mi |
C 9634 Julius Sold | $885,000 | 4 | 2 | 1,998 | $443 | 0.6 mi |
D 7745 Coolgrove Drive Sold | $875,000 | 3 | 2 | 1,472 | $594 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1959, the property has undergone significant modern upgrades including a brand-new HVAC system and solar panels. Interior features fresh paint, refinished hardwood floors, and an updated open-concept kitchen. It is in move-in ready condition, meeting the criteria for a well-maintained home with 5-15 year old renovations.
The property features a brand-new HVAC system and solar panels, providing the buyer with immediate climate comfort and significant long-term utility cost savings.
Situated in the prestigious 'Island Community' of Downey, this home is located in one of the area's most sought-after neighborhoods, known for its peaceful atmosphere and strong property values.
The home offers a spacious 4-bedroom layout with fresh interior paint and a modern open-concept kitchen, making it ideal for contemporary family living and immediate occupancy.
The property does not offer any specific views, which may be a drawback for buyers seeking the aesthetic value of a landscape or city skyline.
Built in 1959, the home may have aging core infrastructure components, such as original plumbing or electrical systems, that could require future maintenance despite recent cosmetic updates.
Welcome to the highly desirable Island Community of Downey! This beautifully maintained 4-bedroom, 2-bath home offers approximately 2,000 square feet of comfortable living space along with modern upgrades in one of the area’s most sought-after neighborhoods. Step inside to find fresh interior paint and an inviting open-concept kitchen perfect for entertaining, everyday living and gathering with family and friends. Enjoy year-round comfort with a brand-new HVAC system and the added benefit of solar for energy efficiency and long-term savings. The peaceful backyard creates a private retreat featuring mature avocado and lemon trees, offering the perfect setting to relax, garden, or entertain outdoors. With its spacious layout, tasteful updates, and prime location within the Island Community.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,912 | 1,912 | 50% |
| Lot Size | 7,609 | 7,430 | 56% |
| Price | $949.0K | $975.0K | 49% |
| Price per sq ft | $496 | $535 | 30% |
| Built year | 1959 | 1952 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 147 | 5% |
May 27, 2026
$949,000
Initial Listing