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7602 2nd, Downey, California 90241, Downey, 90241 - 3 bed, 3 bath

7602 2nd, Downey, California 90241 home-pic-0
ACTIVE UNDER CONTRACT$1,399,000
7602 2nd, Downey, California 90241
3Beds
3Baths
3,074Sqft
10,650Lot

Price Vs. Estimate

The estimated value ($1,564,296.675) is $165,296.675 (11%) higher than the list price ($1,399,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location & Neighborhood: Situated in the highly sought-after Orange Estates neighborhood of North Downey, recognized as one of the city’s most prestigious and desirable areas.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10650, other record lot size in square feet = 10760.

Compared to the nearby listings

Price:$1.40M vs avg $975.0K (+$424,000)91%
Size:3,074 sqft vs avg 1,738 sqft96%
Price/sqft:$455 vs avg $6117%

More Insights

Built in 1943 (82 years old).
Condition: While built in 1943, this property presents as move-in ready due to significant updates. The kitchen features modern white cabinetry, light countertops, stainless steel appliances, and an island cooktop, indicating a recent renovation. At least one bathroom (shower) is also updated with contemporary tiling and fixtures. Real wood flooring throughout the main living areas adds to the appeal and quality. However, the age of the original structure (1943) suggests that core systems (plumbing, electrical, HVAC) may be older, and some light fixtures and a secondary bathroom appear less updated, preventing an 'Excellent' rating. The property is well-maintained with key areas extensively renovated within the last 5-15 years.
Year Built
1943
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$455
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265776
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Discover exceptional living in the highly sought-after Orange Estates neighborhood of North Downey. This impressive corner-lot residence offers 3 bedrooms and 3 bathrooms, set on an expansive lot of over 10,000 sq. ft., providing both privacy and generous outdoor space. Step inside to a bright and open floor plan featuring a spacious living room and an inviting family room ideal for both entertaining and everyday comfort. Real wood flooring flows throughout the home, offering durability and cohesive look. The oversized primary suite is a true retreat, complete with a luxurious/massive walk-in closet designed for maximum storage and convenience. The backyard is an entertainer’s paradise. Enjoy a resort-style swimming pool featuring a relaxing spa and a cascading waterfall perfect for warm summer days or evening gatherings. Additional highlights include a 3-car garage with ample parking and storage. Situated in one of Downey’s most prestigious and desirable areas, this home presents a rare opportunity for comfortable, upscale living in a prime location with numerous fruit trees. ADU approved to build your desired dwelling. (Fruit Trees: Two Avocado, Two Lemon, Two Orange, One fig, Two Apple, Two peach, Two Cherry, 3 Pomegranate)

Nearby schools

5/10
Rio Hondo Elementary School
Public,•K-5•0.4mi
7/10
Price Elementary School
Public,•K-5•1.4mi
8/10
Gallatin Elementary School
Public,•K-5•1.7mi
7/10
Rio San Gabriel Elementary School
Public,•K-5•1.9mi
7/10
Studebaker Elementary School
Public,•K-5•2.9mi
6/10
Lakeview Elementary School
Public,•K-5•3.2mi
7/10
Griffiths Middle School
Public,•6-8•1.3mi
5/10
Sussman Middle School
Public,•6-8•1.8mi
6/10
Doty Middle School
Public,•6-8•1.9mi
7/10
Lakeside Middle School
Public,•6-8•2.9mi
7/10
Lake Center Middle
Public,•6-8•3.6mi
7/10
Warren High School
Public,•9-12•0.9mi
7/10
Downey High School
Public,•9-12•1.1mi
8/10
Santa Fe High School
Public,•9-12•3.2mi

Price History

Date
Event
Price
07/02/01
Sold
$435,000
01/03/22
Sold
$1,080,000
01/30/09
Sold
$620,000
07/07/05
Sold
$909,000
Condition Rating
Good
While built in 1943, this property presents as move-in ready due to significant updates. The kitchen features modern white cabinetry, light countertops, stainless steel appliances, and an island cooktop, indicating a recent renovation. At least one bathroom (shower) is also updated with contemporary tiling and fixtures. Real wood flooring throughout the main living areas adds to the appeal and quality. However, the age of the original structure (1943) suggests that core systems (plumbing, electrical, HVAC) may be older, and some light fixtures and a secondary bathroom appear less updated, preventing an 'Excellent' rating. The property is well-maintained with key areas extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Location & Neighborhood: Situated in the highly sought-after Orange Estates neighborhood of North Downey, recognized as one of the city’s most prestigious and desirable areas.
Expansive Corner Lot: The property boasts an expansive corner lot of over 10,000 sq. ft., providing exceptional privacy and generous outdoor space, a rare find in urban settings.
Resort-Style Outdoor Amenities: The backyard is an entertainer’s paradise, featuring a resort-style swimming pool, relaxing spa, and cascading waterfall, ideal for leisure and gatherings.
ADU Potential: The property is ADU approved, offering significant potential for future expansion, rental income, or multi-generational living.
Spacious & Well-Appointed Interior: Features a bright, open floor plan with a spacious living room, inviting family room, real wood flooring, and an oversized primary suite with a massive walk-in closet.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10650, other record lot size in square feet = 10760.
Age of Construction: Built in 1943, the property may have aging core infrastructure (e.g., plumbing, electrical, HVAC systems) that could require significant updates or maintenance in the near future.
No Specific View: The property description explicitly states 'view: None,' which may be a disadvantage for buyers prioritizing scenic vistas or premium outlooks.
Ongoing Maintenance Costs: Both an older home and a resort-style pool typically incur higher ongoing maintenance and utility costs compared to newer properties or those without extensive amenities.

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