8067 Otto, Downey, California 90240, Downey, 90240 - 4 bed, 2 bath
8067 Otto
Downey, California 90240
Property Price
SUMMARY
Analysis of 8067 Otto, Downey, California 90240 reveals a property with a current list price of $1,300,000, which is 3% above the estimated $1,253,218 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Downey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8067 Otto Subject | $1,300,000* List Price | 4 | 2 | 2,057 | $609 | - |
A 8620 Lubec Street Sold | $990,000 | 3 | 2 | 1,850 | $535 | 0.6 mi |
B 9548 Orizaba Avenue Sold | $975,000 | 4 | 2 | 1,783 | $547 | 0.3 mi |
C 7421 Ivo Street Sold | $1,075,000 | 4 | 2 | 2,122 | $507 | 0.8 mi |
D 8352 Otto Street Sold | $1,120,000 | 4 | 2 | 1,701 | $658 | 0.2 mi |
E 7848 Calmcrest Drive Sold | $1,500,000 | 3 | 3 | 2,538 | $591 | 0.5 mi |
F 8343 Vista Del Rio Avenue Sold | $1,230,000 | 3 | 2 | 1,527 | $806 | 0.7 mi |
G 7845 Gainford Street Active | $1,360,000 List Price | 5 | 4 | 2,200 | $618 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1950-built property is in good, move-in ready condition, largely due to a recently and extensively renovated kitchen featuring modern stainless steel appliances, quartz countertops, and stylish grey custom cabinetry. The dining room also presents updated finishes and lighting. While the bathrooms are clean and functional, their style appears somewhat dated compared to the kitchen. The property benefits from well-maintained hardwood flooring in several areas, updated light fixtures, and attractive outdoor amenities including an in-ground pool and a built-in bar/grill area. Some elements, such as the mirrored wall in the living room, reflect the home's age but do not detract from its overall well-kept state.
PROSSTRENGTHS & OPPORTUNITIES
- Enhanced Entertainment Capabilities
The property features a formal dining room, family room, and a dedicated outdoor bar and grill area, making it ideal for hosting and entertaining guests.
- Modernized Kitchen
Boasts a beautifully updated kitchen with quartz countertops and custom grey cabinetry, appealing to contemporary tastes and offering high functionality.
- Private Resort-Style Backyard
Includes an amazing in-ground pool with ample space and a bar and grill area, creating a perfect outdoor oasis for relaxation and recreation.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1950, the home's age may suggest potential for older infrastructure or require ongoing maintenance not explicitly addressed in the description.
- Unspecified HVAC System
The description does not mention the presence or condition of a cooling system (AC), which could be a significant consideration in California's climate.
- Absence of Premium Views
The property does not offer any notable views, which might be a drawback for buyers prioritizing scenic outlooks.
About 8067 Otto
Amazing Property in Downey CA! This lovely home has 4 bedrooms 2.5 bathrooms with a formal dining room and family room. It is great for entertaining. Beautiful kitchen with quartz counter tops and grey custom cabinetry. Amazing in ground pool with great space and a bar and grill area.Close to shopping, entertainment, freeway, and restaurants. This is a must see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,922 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,057 | 1,684.5 | 72% |
| Lot Size | 7,922 | 6,057.5 | 72% |
| Price | $1.30M | $884.0K | 78% |
| Price per sq ft | $632 | $506 | 72% |
| Built year | 1950 | 1952 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 177 | 17% |
Pricing History
Listed for Sale
Jan 6, 2026
$1,300,000
Initial Listing
Sold
Sep 12, 2022
$1,050,000
Public Record
Sold
Oct 19, 2016
$645,000
Public Record
Sold
May 3, 2002
$381,000
Public Record