7604 Muller Street, Downey, California 90241, Downey, 90241 - 3 bed, 4 bath

7604 Muller Street, Downey, California 90241 home-pic-0
ACTIVE$1,650,000
7604 Muller Street, Downey, California 90241
3Beds
4Baths
2,470Sqft
8,363Lot

Price Vs. Estimate

The estimated value ($938,801.665) is $711,198.335 (43%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Remodel & High-End Finishes: The home has been stunningly remodeled with high-end finishes and modern elegance throughout, offering a move-in ready experience.
Top Cons:
Significant Overpricing: The current listing price of $1,650,000 is substantially higher than the estimated property value of $938,801, indicating a potential valuation mismatch.

Compared to the nearby listings

Price:$1.65M vs avg $975.0K (+$675,000)96%
Size:2,470 sqft vs avg 1,738 sqft86%
Price/sqft:$668 vs avg $61168%

More Insights

Built in 1961 (64 years old).
Condition: Despite being built in 1961, the property has undergone a stunning and extensive remodel, as stated in the description and evidenced by the images. The kitchen features high-end, modern appliances (black range, refrigerator), luxurious marble/quartz countertops, and contemporary wood cabinetry. Bathrooms are also fully updated with modern vanities, marble countertops, and stylish fixtures. Throughout the home, there is new light-colored hardwood flooring and recessed lighting, indicating a comprehensive renovation with virtually new components and high-quality finishes, meeting current standards.
Year Built
1961
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$668
HOA
-
Days on market
-
Sold On
-
MLS number
DW25082385
Home ConditionExcellent
Features
Pool
Patio
ViewNeighborhood

About this home

PRICE RANGE $1,650,000 - $1,699,000. Located in Orange Estates neighborhood of Downey! This stunningly remodeled home boasts high-end finishes and modern elegance in every corner. Featuring three spacious bedrooms, each with its own private bathroom, this home is perfect for comfort and privacy. The expansive backyard is an entertainer’s dream, complete with a sparkling pool and plenty of space to relax or host gatherings. With ample potential for parking, this property offers both practicality and style. Don’t miss the chance to own this beautifully upgraded oasis! Walking distance to Furman Park, Rio Hondo Elementary school and Rio Hondo Golf Club.

Nearby schools

5/10
Rio Hondo Elementary School
Public,K-50.1mi
7/10
Price Elementary School
Public,K-51.0mi
8/10
Gallatin Elementary School
Public,K-51.4mi
7/10
Rio San Gabriel Elementary School
Public,K-51.9mi
7/10
Studebaker Elementary School
Public,K-52.9mi
6/10
Lakeview Elementary School
Public,K-53.1mi
7/10
Griffiths Middle School
Public,6-80.9mi
6/10
Doty Middle School
Public,6-81.8mi
5/10
Sussman Middle School
Public,6-82.1mi
7/10
Lakeside Middle School
Public,6-82.9mi
7/10
Lake Center Middle
Public,6-83.5mi
7/10
Downey High School
Public,9-121.1mi
7/10
Warren High School
Public,9-121.2mi
8/10
Santa Fe High School
Public,9-123.0mi

Price History

Date
Event
Price
11/27/24
Sold
$1,150,000
Condition Rating
Excellent

Despite being built in 1961, the property has undergone a stunning and extensive remodel, as stated in the description and evidenced by the images. The kitchen features high-end, modern appliances (black range, refrigerator), luxurious marble/quartz countertops, and contemporary wood cabinetry. Bathrooms are also fully updated with modern vanities, marble countertops, and stylish fixtures. Throughout the home, there is new light-colored hardwood flooring and recessed lighting, indicating a comprehensive renovation with virtually new components and high-quality finishes, meeting current standards.
Pros & Cons

Pros

Extensive Remodel & High-End Finishes: The home has been stunningly remodeled with high-end finishes and modern elegance throughout, offering a move-in ready experience.
Private En-Suite Bathrooms: Each of the three spacious bedrooms features its own private bathroom, providing exceptional comfort and privacy for residents and guests.
Entertainer's Backyard with Pool: The expansive backyard is an entertainer’s dream, complete with a sparkling pool and ample space for relaxation and hosting gatherings.
Desirable Neighborhood & Walkability: Located in the sought-after Orange Estates neighborhood, the property is within walking distance to Furman Park, Rio Hondo Elementary school, and Rio Hondo Golf Club.
Ample Parking Potential: The property offers ample potential for parking, adding practicality and convenience for homeowners and visitors.

Cons

Significant Overpricing: The current listing price of $1,650,000 is substantially higher than the estimated property value of $938,801, indicating a potential valuation mismatch.
Older Construction Year: Built in 1961, the property's original construction is over 60 years old, which may raise concerns about underlying infrastructure not covered by the recent remodel.
Extended Market Time & Price Adjustment: The property has been on the market for two months and has already seen a price reduction from its original list price, suggesting challenges in attracting buyers at the current price point.

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