7324 Quill 44, Downey, California 90242, Downey, 90242 - 1 bed, 1 bath
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7324 Quill 44
Downey, California 90242
ACTIVE UNDER CONTRACT
CONDITION: FAIR
1Beds
1Baths
736Sq Ft
433,215Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$386,932
9% AboveMARKET VALUE
SUMMARY
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $425,000—positioned well above the $386,932 Fair Market Value by 9%. While the property requires a premium, it offers a Condition Rating of 4, featuring a functional layout with a cozy fireplace, private indoor laundry, and dual patios. Located in the Park Meadows Community, residents enjoy pool, spa, and gym amenities near the Los Amigos Golf Course. This is an ideal acquisition for first-time buyers or downsizing professionals seeking a low-maintenance lifestyle in the Downey Unified School District.
Estimated Market Value
$386,932
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 |
|---|---|---|---|---|---|---|
★ 7324 Quill 44 Subject | $425,000* List Price | 1 | 1 | 736 | $526 | - |
A 7330 Quill 56 Sold | $525,000 | 2 | 2 | 1,003 | $523 | 0.0 mi |
B 7316 Quill Drive 3 Sold | $490,000 | 1 | 1 | 955 | $513 | 0.0 mi |
C 7312 Quill Dr 18 Sold | $515,000 | 2 | 2 | 974 | $529 | 0.0 mi |
D 7304 Quill Sold | $520,000 | 2 | 2 | 979 | $531 | - |
E 7330 Quill 59 Active Under Contract | $424,900 List Price | 2 | 2 | 809 | $525 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is functional but dated. While it features cosmetic updates like laminate flooring and fresh paint, the bathroom cabinetry and kitchen layout reflect older standards. The roof-mounted HVAC units and exterior systems appear aged, and the property lacks a comprehensive renovation within the last 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Community Amenities
Located in the sought-after Park Meadows Community, residents benefit from extensive amenities including a pool, spa, gym, clubhouse, and green spaces, all situated directly across from the Los Amigos Golf Course.
- Superior Parking and Storage
Rare for a one-bedroom unit, this property includes two assigned covered parking spaces along with additional storage, providing significant added value and convenience for the homeowner.
- Functional Interior Features
The move-in ready interior boasts a highly functional layout featuring a private indoor laundry room, a cozy fireplace, and dual private patios that extend the living space outdoors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Association Fees
The monthly HOA fee of $470 is relatively high for a one-bedroom condominium, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Extended Days on Market
With 131 days on the market and multiple price reductions from the original list price of $455,000, the property has experienced slower-than-average market absorption.
About 7324 Quill 44
Gorgeous move in ready 1 bedroom, 1 bathroom condo located in the highly desired Park Meadows Community in Downey, across the street from Los Amigos Golf Course. This inviting home features a spacious layout with a cozy fireplace, a kitchen that includes open bar concept with additional seating, along with ceiling fans, and a private indoor laundry room for added convenience. The home features an open and airy layout, and a cute private outdoor patio. The primary suite provides a relaxing retreat with its own private patio. The unit also has Two assigned covered parking spaces with additional storage! Enjoy community amenities including, open green spaces, pool, spa, gym, clubhouse and picnic areas. Located in the heart of Downey, you'll enjoy easy access to popular restaurants and multiple shopping centers. Also easy access to the 5, 105 and 710 freeways! This Beautiful home will not last!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 433,215 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $470.0 / Month
Neighborhood Insights
Downey Unified Schools
Old River Elementary School
Grades 4-5 • 0.6 mi
7/10
Imperial Elementary School
Grades K-3 • 1.0 mi
6/10
Williams Elementary School
Grades K-3 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.8 |
| Baths | 1.0 | 1.8 |
| Square foot | 736 | 888.167 |
| Lot Size | 433,215 | 145,573.5 |
| Price | $425.0K | $513.1K |
| Price per sq ft | $577 | $510 |
| Built year | 1984 | 1986 |
| HOA | $470.0 | $367 |
| Days on market | 152 | 74 |
Pricing History
Listed for Sale
May 18, 2026
$425,000
$445,000
-4% Price Drop
Initial Listing
Price Change
May 12, 2026
$445,000
$455,000
-2% Price Drop
Initial Listing
Price Change
Apr 10, 2026
$455,000
Initial Listing
Sold
Dec 5, 2023
$425,000
Public Record
Sold
Nov 13, 2009
$140,000
Public Record
Sold
Sep 16, 2004
$235,000
Public Record
Sold
Feb 5, 2002
$113,500
Public Record