
Downey, California 90242
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well above the $429,472 Fair Market Value by -16%. Featuring a Poor Condition Rating, this end-unit condo requires a full interior renovation, offering a blank canvas for value-add strategies. Located in the Downey Unified School District, the asset benefits from proximity to highly-rated schools and a private balcony. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through comprehensive modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7300 Quill 207 Subject | $499,000* List Price | 2 | 1 | 809 | $532 | - |
A 7330 Quill 56 Sold | $525,000 | 2 | 2 | 1,003 | $523 | 0.0 mi |
B 7304 Quill Sold | $520,000 | 2 | 2 | 979 | $531 | - |
C 7330 Quill 59 Active Under Contract | $424,900 List Price | 2 | 2 | 809 | $525 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (42 years old) and described as a 'canvas for your vision' that needs to be 'reimagined,' indicating the property is in original condition and requires a full rehab. Per the criteria, properties over 30 years old needing significant updates fall into the poor category.
As a second-floor end-unit, this property offers superior privacy and reduced noise compared to interior units, complemented by high ceilings that enhance the sense of space.
The floor plan maximizes utility with a dual-sink vanity in the bathroom and a seamless indoor-outdoor flow between the fireplace-warmed living room and the private balcony.
The condo is located within the reputable Downey Unified School District, providing access to well-rated schools such as Old River Elementary and Warren High School.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =433215, other record lot size in square feet = 433101.
The property is in original condition and requires a full cosmetic update, which will necessitate additional immediate investment from the buyer to reach modern standards.
The monthly association fee of $470 is relatively high for an 809-square-foot unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Step inside this inviting end-unit, second-floor condo where high ceilings create an airy, spacious feel from the moment you enter. The comfortable layout includes two bedrooms with plenty of closet space and a well-appointed bathroom with two separate sinks, ideal for busy mornings. The living room features a charming fireplace and opens to a peaceful balcony, giving you the perfect indoor-outdoor flow for relaxing or entertaining. With its end-unit location, this home offers added privacy and a quiet retreat within the community. Lovingly owned for many years, this condo is ready for its next chapter. The new owner can reimagine the space and tailor it to their personal style — whether you’re envisioning a fresh modern look or a cozy, welcoming retreat, this home provides a wonderful canvas for your vision.
No exterior & parking available.
Grades 4-5 • 0.6 mi
Grades K-3 • 1.0 mi
Grades K-3 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.8 |
| Baths | 1.0 | 1.8 |
| Square foot | 809 | 888.167 |
| Lot Size | 433,215 | 145,573.5 |
| Price | $499.0K | $513.1K |
| Price per sq ft | $617 | $510 |
| Built year | 1984 | 1986 |
| HOA | $470.0 | $367 |
| Days on market | 34 | 74 |
Aug 6, 2026
$499,000
Initial Listing