7904 7th, Downey, California 90241, Downey, 90241 - 3 bed, 3 bath
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7904 7th
Downey, California 90241
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
3Baths
2,500Sq Ft
13,522Lot Size
Property Price
LIST PRICE$1,375,000
EST. MARKET VALUE
$1,352,218
SUMMARY
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $1,375,000—positioned slightly above the $1,357,125 Fair Market Value. While not a deep discount, the property offers immense utility through its 600 sq ft Guest House and Pool/Spa on a massive 13,522 sq ft corner lot. With a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to drive future appreciation. Located in the prestigious North Downey area near Downey High School, this is an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a versatile, high-potential estate.
Estimated Market Value
$1,352,218
Based on Realkey algorithm analyzing recent comparable sales in Downey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7904 7th Subject | $1,375,000* List Price | 3 | 3 | 2,500 | $541 | - |
A 7333 Via Rio Nido Sold | $1,365,000 | 3 | 3 | 2,521 | $541 | 0.7 mi |
B 7457 3rd Street Sold | $1,135,000 | 3 | 2 | 2,102 | $540 | 0.5 mi |
C 8670 7th Sold | $1,210,000 | 3 | 3 | 2,674 | $453 | 0.9 mi |
D 7802 Adwen Active Under Contract | $1,149,000 List Price | 4 | 3 | 2,420 | $475 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property boasts a new roof and central HVAC, the interior renovations in the kitchen and bathrooms are dated, featuring oak cabinetry, wallpaper borders, and tile work consistent with a 20-30 year old remodel. The home is well-maintained but requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13522, living area = 2500.
- Multi-Generational Living
The property features a fully equipped 600 sq ft guest house with vaulted ceilings and a fireplace, providing an excellent solution for extended family or potential rental income.
- Resort-Style Amenities
Situated on an expansive 13,522 sq ft corner lot, the backyard is an entertainer's dream with a pool, spa, putting green, and a dedicated bonus room featuring a sauna.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2500, other record living area = 1921. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Main House Bedroom Configuration
The primary residence only contains two bedrooms despite its large 1,921 sq ft footprint, which may limit its appeal to larger families who prefer more bedrooms under one roof.
- Vintage Infrastructure
While the home has been updated, the 1949 construction date suggests that some underlying systems or the floor plan layout may not fully align with modern open-concept preferences.
About 7904 7th
Bring the in-laws! Fantastic 2 bedroom, 2 bath (1,921 sq ft) home in Orange Estates with a large 600 sq ft guest house, another bonus room, and a pool/spa -- all on a large 13,522 sq ft corner lot. The main home has a large formal living room & family room with fireplace, formal dining room (currently used as an office), and the kitchen and bathrooms were updated. Behind the 2 car garage is the guest house, which has a large living room with vaulted ceilings & fireplace, plus a 3/4 bathroom and bedroom. The backyard features a pool & spa, courtyard, putting green, and a bonus room with sauna, laundry & bathroom. The property has a new roof and central air and heat. Located near Furman Park & Rio Hondo Elementary School, it's in the heart of North Downey.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 13,522 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Downey Unified Schools
Rio Hondo Elementary School
Grades K-5 • 0.2 mi
5/10
Price Elementary School
Grades K-5 • 0.9 mi
7/10
Gallatin Elementary School
Grades K-5 • 1.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,500 | 1,517.386 |
| Lot Size | 13,522 | 7,116.561 |
| Price | $1.38M | $940.6K |
| Price per sq ft | $550 | $631 |
| Built year | 1949 | 1952 |
| HOA | $0 | $300 |
| Days on market | 46 | 52 |
Pricing History
Listed for Sale
Jul 25, 2026
$1,375,000
Initial Listing
Sold
Jun 1, 1994
$273,500
Public Record