
Downey, California 90241
This property presents a High-Potential Investment Opportunity with a List Price of $779,000—positioned above the $764,433 Fair Market Value. While the home requires modernization, its Fair Condition Rating and 6,566 sq. ft. lot provide significant upside for expansion or an ADU. The functional floor plan, including a versatile bonus room, offers immediate utility. Located in the Downey Unified district, this asset balances long-term growth potential with a prime location. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7753 Adwen Street Subject | $779,000* List Price | 2 | 2 | 1,096 | $697 | - |
A 8237 Arnett Sold | $740,000 | 3 | 1 | 1,005 | $736 | 0.6 mi |
B 7820 7th Sold | $870,000 | 3 | 2 | 1,243 | $700 | 0.7 mi |
C 7509 Adwen Sold | $880,000 | 3 | 2 | 1,408 | $625 | 0.3 mi |
D 11437 Norlain Avenue Sold | $832,000 | 3 | 2 | 1,318 | $631 | 0.4 mi |
E 11658 Mitla Avenue Active | $934,900 List Price | 2 | 3 | 1,173 | $797 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this home is well-maintained but significantly dated. While the kitchen features newer stainless steel appliances, the bathroom vanity, cabinetry, and fixtures appear to be over 20 years old. The presence of window AC units suggests the lack of a modern central HVAC system. Although the listing mentions copper plumbing, the overall interior aesthetic and systems require modernization to meet current standards.
The generous 6,566 sq. ft. lot offers significant potential for expansion or the addition of an ADU, providing excellent value-add opportunities for investors or growing families.
Featuring a functional floor plan with a bonus room that can serve as a third bedroom, the home provides versatility to accommodate various lifestyle needs.
Situated in a sought-after Downey neighborhood, the property enjoys close proximity to top-rated schools, parks, shopping, and major freeways, ensuring long-term desirability.
Built in 1950 and marketed with 'potential to personalize,' the home likely requires modern updates and cosmetic renovations to meet contemporary standards.
With approximately 1,096 sq. ft. of living space, the interior may feel restrictive for buyers seeking larger communal areas or more spacious bedrooms.
Charming single-story home located in a desirable Downey neighborhood! This 2-bedroom, 2-bath and a bonus room that could possibly be used as 3rd bedroom. The residence offers approximately 1,096 sq. ft. of comfortable living space on a spacious 6,566 sq. ft. lot. Filled with natural light, the home features a functional floor plan and endless potential to personalize, expand, or add an ADU (buyer to verify). Includes copper plumbing and ceiling fans. The generous backyard is ideal for entertaining, gardening, or future possibilities. Conveniently located near shopping, restaurants, parks, schools, and major freeways, this property is perfect for first-time buyers, downsizers, or investors. Don't miss this opportunity to own a home in one of Downey's most sought-after neighborhoods!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,096 | 1,623 |
| Lot Size | 6,566 | 7,122 |
| Price | $779.0K | $935.5K |
| Price per sq ft | $711 | $617 |
| Built year | 1950 | 1952 |
| HOA | $0 | $0 |
| Days on market | 12 | 49 |
Jul 10, 2026
$779,000
Initial Listing
Aug 25, 1964
$19,500
Public Record