7845 Gainford Street, Downey, California 90240, Downey, 90240 - 5 bed, 4 bath

7845 Gainford Street, Downey, California 90240 home-pic-0

7845 Gainford Street

Downey, California 90240

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
4Baths
2,200Sq Ft
7,494Lot Size

Property Price

LIST PRICE$1,360,000
EST. MARKET VALUE
$1,300,308
4% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,300,308
Based on Realkey algorithm analyzing recent comparable sales in Downey.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7845 Gainford Street
Subject
$1,360,000*
List Price
542,200$591-
A
8322 Vista Del Rosa Street
Sold
$975,000531,950$5000.9 mi
B
7421 Ivo Street
Sold
$1,075,000422,122$5070.5 mi
C
8620 Lubec Street
Sold
$990,000321,850$5350.9 mi
D
8352 Otto Street
Sold
$1,120,000421,701$6580.6 mi
E
7848 Calmcrest Drive
Sold
$1,500,000332,538$5910.3 mi
F
8067 Otto
Active
$1,300,000
List Price
422,057$6320.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property qualifies as excellent due to a brand-new 2025 ADU and an extensively renovated main residence. All major systems have been modernized, including new HVAC, copper plumbing, tankless water heaters, and double-pane windows. The interiors feature high-end contemporary finishes such as quartz countertops, shaker-style cabinetry, stainless steel appliances, recessed lighting, and modern flooring throughout, leaving no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Dual-Unit Income Potential

    The property features a brand new 2025 ADU with separate addresses, meters, and entrances, offering exceptional potential for rental income or multi-generational living.

  • Extensive Modern Upgrades

    Both units are equipped with new HVAC systems, tankless water heaters, copper plumbing, and double-pane windows, ensuring modern comfort and reduced maintenance.

  • Energy Efficiency

    The back ADU includes fully paid-off solar panels, providing significant long-term energy savings and increasing the property's overall sustainability.

CONSRISKS & DEFICIENCIES

  • Premium Pricing

    With a list price of $1.36M, the property sits at a higher price point for the area, which may limit the pool of qualified buyers despite the ADU value.

  • Aged Primary Structure

    While beautifully updated, the main residence was originally built in 1949, which may present some legacy structural limitations compared to a full new-build.

  • Parking Constraints

    With five total bedrooms across two units, the single attached garage and driveway space may be insufficient for households with multiple vehicles.

About 7845 Gainford Street

Welcome to this beautifully updated residence with a brand new 2025 Accessory Dwelling Unit (ADU), with beautiful new updates throughout. Located in a highly desirable neighborhood of North Downey. Each fully permitted unit has separate addresses, separate entrances, separate meters and separate yards! The back ADU not only offers privacy—but also features paid-off solar panels, providing long-term energy savings; each home is equipped with new HVAC systems, new gas and water meters, both tankless water heaters! Front unit is a 3-bedroom, 2-bath home, copper plumbing, new double pan windows, attached garage with washer/dryer hookups and back unit is a gorgeous 2-bedroom, 2-bath home with inside laundry room. Works perfect for extended family, guests, or multi-generational living—with the ability to rent out one or both units, this property offers incredible potential for generating income while also serving as a home that can comfortably accommodate extended relatives or multiple households. Nestled in a prime location close to schools, dining, shopping, and easy freeway access, this property is the perfect blend of convenience, value, and modern living. A rare opportunity to own a move-in ready home with endless possibilities!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1949
Lot Size
7,494 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
81%
Baths4.02.0
78%
Square foot2,2001,684.5
78%
Lot Size7,4946,057.5
67%
Price$1.36M$884.0K
78%
Price per sq ft$618$506
69%
Built year19491952
22%
HOA$0$0
50%
Days on market161177
44%

Pricing History

Listed for Sale

Sep 26, 2025

$1,360,000

Initial Listing

Sold

Mar 6, 2024

$825,000

Public Record

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