7802 Adwen, Downey, California 90241, Downey, 90241 - 4 bed, 3 bath
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Downey, California 90241
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,000—positioned well below the $1,178,835 Fair Market Value by 2%. This valuation gap offers $29,835 in Instant Equity for buyers. Featuring a 9,163 sq. ft. corner lot and a large swimming pool, the home has a Condition Rating of 4, indicating a need for modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to renovate a spacious residence in a prime Downey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7802 Adwen Subject | $1,149,000* List Price | 4 | 3 | 2,420 | $494 | - |
A 7457 3rd Street Sold | $1,135,000 | 3 | 2 | 2,102 | $540 | 0.6 mi |
B 11648 Rives Sold | $970,000 | 3 | 2 | 1,623 | $598 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home is functional but dated. The bathroom shows older tile countertops, aged cabinetry, and fixtures likely exceeding 20 years in age. While the bedroom has newer flooring, the overall interior and the worn pool deck indicate the property needs significant cosmetic updates and modernization.
The property features a large swimming pool and a spacious 9,163 sq. ft. corner lot, providing an exceptional environment for hosting gatherings and outdoor activities.
With 2,420 sq. ft. of living area and two additional bonus rooms, this home offers rare flexibility for a home office, gym, or guest quarters to fit a modern lifestyle.
Situated in a highly sought-after area of Southwest Downey, the corner lot positioning enhances curb appeal and provides a greater sense of openness and privacy.
Originally built in 1948, the property may necessitate future investments in upgrading older systems or infrastructure to meet modern energy efficiency standards.
The property's outlook is limited to the immediate neighborhood, which may be a drawback for buyers specifically seeking panoramic or elevated vistas.
Welcome to this beautiful corner lot home in a highly desirable area of Downey. Offering approximately 2,420 sq. ft. of living space, this spacious residence features 4 bedrooms, 3 full bathrooms, and 2 additional bonus rooms perfect for a pool house, home office, gym, or flexible living space that fits your lifestyle. One of the standout features of this property is the spectacular backyard designed for entertaining. Enjoy the large swimming pool, perfect for family gatherings and summer barbecues. Inside, you'll find beautiful windows that fill the home with abundant natural light, complemented by elegant shutters that provide both style and privacy. The functional floor plan offers fireplace in the front living room and a family den at the rear of the property. Located in a highly sought-after area of Downey, this home is conveniently close to shopping, dining, parks, and schools, making it an ideal place to call home. With its generous lot size, versatile bonus spaces, prime corner location, and exceptional value, this is a rare opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,420 | 1,623 |
| Lot Size | 9,163 | 7,122 |
| Price | $1.15M | $935.5K |
| Price per sq ft | $475 | $617 |
| Built year | 1948 | 1952 |
| HOA | $0 | $0 |
| Days on market | 38 | 49 |
Jun 14, 2026
$1,149,000
Initial Listing
Oct 21, 2022
$950,000
Public Record
Jul 27, 2004
$565,000
Public Record