8067 Otto, Downey, California 90240, Downey, 90240 - 4 bed, 2 bath
ACTIVE$1,300,000$2,057/sqft
Est. Value: $1,253,219
-3%
AboveEstimate
8067 Otto, Downey, California 90240
4Beds
2Baths
2,057Sqft
7,922Lot
Price Vs. Estimate
The estimated value ($1,253,218.93) is $46,781.07 (3%) lower than the list price ($1,300,000). This property may be overpriced.
Key pros and cons
Top Pros:
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.
Top Cons:
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.
Compared to the nearby listings
Price:$1.30M vs avg $926.0K (+$374,000)74%
Size:2,057 sqft vs avg 1,697.5 sqft68%
Price/sqft:$632 vs avg $55574%
More Insights
Built in 1950 (76 years old).
Condition: 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.
Year Built
1950
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$632
HOA
-
Days on market
-
Sold On
-
MLS number
DW26002983
Home ConditionGood
Features
Pool
Spa
Patio
View-
About this home
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!
J
Jorge Alvarez
Listing Agent
Price History
Date
Event
Price
09/12/22
Sold
$1,050,000
10/19/16
Sold
$645,000
05/03/02
Sold
$381,000
Condition Rating
Good
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.
Pros & Cons
Pros
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.
Prime Downey Location: Strategically located with excellent proximity to shopping, entertainment, major freeways, and diverse dining options, enhancing convenience and lifestyle.
Spacious Layout & Lot Size: Offers a comfortable 2057 sqft of living space with 4 bedrooms and 2.5 baths, situated on a generous 7922 sqft lot, providing ample room indoors and out.
Cons
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.