7156 Nada, Downey, California 90242, Downey, 90242 - 3 bed, 3 bath
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Downey, California 90242
This Spacious Golf-Front Residence is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $1,025,173 Fair Market Value by 12%. This valuation gap provides $126,173 in Instant Equity for buyers ready to modernize the 2,255 sqft interior. While the property holds a Condition Rating of 4 due to its original 1969 finishes, its prime location adjacent to the golf course and placement within the Downey Unified School District ensure long-term desirability. This is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking to build custom equity in a premium location.
Property is moderate renovation needed.
Built in 1969 and largely in original or significantly dated condition. The interior features popcorn ceilings, older pink carpeting, and a kitchen with dated oak cabinetry and tile countertops. While functional and well-maintained, the home requires comprehensive cosmetic updates and modernization of the kitchen and bathrooms.
Situated directly adjacent to the golf course, this property offers a premium location that is highly desirable for enthusiasts and provides a serene neighborhood atmosphere.
With over 2,200 square feet of living space for a three-bedroom home, the property features generous room sizes and a functional floor plan that accommodates growing families.
Located within the reputable Downey Unified School District, the home offers access to quality education, making it an attractive option for families with children.
The listing suggests the home is a 'blank canvas,' implying that buyers may need to budget for significant interior renovations and modern upgrades to meet contemporary standards.
The lot size of 5,231 square feet is relatively modest compared to the large interior square footage, resulting in a smaller backyard area for outdoor entertaining or gardening.
Golfers dream! Excellent opportunity in the city of Downey to own a home right next to the golf course! Three-bed, three-bath, ready for the next family to come in and make this home their own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,255 | 1,381 | 89% |
| Lot Size | 5,231 | 5,926 | 23% |
| Price | $899.0K | $884.5K | 50% |
| Price per sq ft | $399 | $642 | 5% |
| Built year | 1969 | 1953 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 151 | 2% |
Mar 30, 2026
$899,000
Initial Listing
Dec 6, 1999
$305,000
Public Record