7344 Diamond Drive, Downey, California 90240, Downey, 90240 - 3 bed, 4 bath
ACTIVE$791,990
7344 Diamond Drive, Downey, California 90240
3Beds
4Baths
1,794Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modern Design: As a 2026 build within a new community, the property offers contemporary design, brand-new features, and the benefits of modern construction standards.
Top Cons:
Future Occupancy: With a 'Year Built: 2026' and 'on_market_date: 2025-08-27', this is a pre-sale or under-construction property, meaning buyers will need to wait for completion before moving in.
Compared to the nearby listings
Price:$792.0K vs avg $740.0K (+$52,000)67%
Size:1,794 sqft vs avg 1,658 sqft67%
Price/sqft:$441 vs avg $44633%
More Insights
Built in 2026 (-1 years old).
Condition: This property is a brand-new construction, built in 2026, within a new gated community. All components, including the spacious kitchen with a large eat-in island and the multiple bathrooms (primary suite with walk-in closet, en-suite baths), are new, modern, and meet current quality standards. The images confirm contemporary design, new flooring, fixtures, and overall finishes, indicating no deferred maintenance or physical depreciation.
Year Built
2026
Close
-
List price
$792K
Original List price
$815K
Price/Sqft
$441
HOA
$345
Days on market
-
Sold On
-
MLS number
OC25193647
Home ConditionExcellent
Features
Patio
View-
About this home
Tesoro Walk is a new gated community, located in the City of Downey, featuring 33 beautiful townhomes. This Topaz floorplan features a two-car garage, private enclosed patio that leads to your front door, a spacious entryway with a great flex space, and a large coat closet with extra room for storage on the first level. The second floor is your main living level and features a spacious kitchen with large eat-in island, an open living room, and a full bedroom with full bath. On the upper level you'll find a conveniently located laundry room, your large primary suite with walk-in closet and a secondary bedroom with private en-suite bath.
Condition Rating
Excellent
This property is a brand-new construction, built in 2026, within a new gated community. All components, including the spacious kitchen with a large eat-in island and the multiple bathrooms (primary suite with walk-in closet, en-suite baths), are new, modern, and meet current quality standards. The images confirm contemporary design, new flooring, fixtures, and overall finishes, indicating no deferred maintenance or physical depreciation.
Pros & Cons
Pros
New Construction & Modern Design: As a 2026 build within a new community, the property offers contemporary design, brand-new features, and the benefits of modern construction standards.
Gated Community Living: Being part of the Tesoro Walk gated community provides enhanced security, privacy, and a sense of exclusivity for residents.
Functional Multi-Level Layout: The three-story floorplan includes a versatile flex space on the first level, a dedicated main living area on the second, and private bedrooms on the upper level, offering distinct zones for living and entertaining.
Desirable Kitchen & Bath Features: The spacious kitchen with a large eat-in island, along with a primary suite featuring a walk-in closet and a secondary bedroom with a private en-suite bath, caters to modern lifestyle preferences.
Private Outdoor Space & Parking: The inclusion of a private enclosed patio and a two-car garage adds significant convenience, outdoor enjoyment, and essential parking/storage for townhouse living.
Cons
Future Occupancy: With a 'Year Built: 2026' and 'on_market_date: 2025-08-27', this is a pre-sale or under-construction property, meaning buyers will need to wait for completion before moving in.
Recurring HOA Dues: A monthly association fee of $345.0 represents a significant recurring cost that needs to be factored into the overall budget for homeownership.
Multi-Level Living: The three-story layout, while offering distinct zones, may not appeal to all buyers, particularly those with mobility concerns or a preference for single-level living.