8110 3rd, Downey, California 90241, Downey, 90241 - 4 bed, 2 bath

8110 3rd, Downey, California 90241 home-pic-0

8110 3rd

Downey, California 90241

ACTIVE
CONDITION: POOR
4Beds
2Baths
1,420Sq Ft
8,782Lot Size

Property Price

LIST PRICE$1,200,000
EST. MARKET VALUE
$962,890
24% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$962,890
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
8110 3rd
Subject
$1,200,000*
List Price
421,420$678-
A
7814 4th Street
Sold
$875,000321,257$6960.4 mi
B
11611 Gurley Avenue
Sold
$868,000321,231$7050.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1906, this property is over a century old. While the exterior appears maintained, there are no interior images provided, especially of the kitchen and bathrooms, which is a significant red flag for a property marketed for residential use. The listing description focuses heavily on its historic character and development potential (zoned for up to 17 units), rather than its current residential condition or recent updates. The AI analysis explicitly notes 'Age of Property & Renovation Needs' and states it 'likely requires significant investment for modernization, structural updates, and compliance with current building codes.' This strongly suggests the interior systems, kitchen, and bathrooms are severely outdated and likely require substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.

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 = 8782, living area = 1420.

  • Exceptional Development Potential

    The property is zoned to build up to 17 units per the City of Downey, explicitly targeting developers, making it a rare and high-value opportunity for multi-family or mixed-use projects.

  • Premier Downtown Location

    Nestled in the heart of Downtown Downey's vibrant mixed-use commercial district, offering high visibility, foot traffic, and immediate access to dining, shops, and city landmarks.

CONSRISKS & DEFICIENCIES

  • Age of Property & Renovation Needs

    Built in 1906, the property likely requires significant investment for modernization, structural updates, and compliance with current building codes, especially if converting to commercial use or developing.

  • Ambiguous Lot Inclusion for Sale

    The description states 'the garage and rear portion of the lot remain with the landlord,' which creates significant uncertainty for a prospective buyer/developer regarding the actual land included in the sale, potentially impacting development plans.

  • High Price Point for Current Residential State

    The $1.2 million list price is substantial for a 1420 sqft, 1906-built residential property, making it primarily attractive to developers or commercial investors rather than traditional residential buyers, potentially limiting the buyer pool.

About 8110 3rd

Step into one of Downey’s rare historic treasures. Nestled in the heart of Downtown Downey, 8110 3rd St is a charming blend Victorian/Craftsman type building filled with character, architectural uniqueness, and timeless curb appeal. Property is zoned to build up to 17 units per city of Downey. Looking for a developer! Properties like this are extremely limited in the city, making it an exceptional opportunity for those seeking something truly distinctive. Perfectly positioned in a vibrant mixed-use commercial district, zoned residential, this property offers multiple potential uses—from professional offices, boutique retail, creative space or continued use as a residential-style proeprty. Currently being used as a residential rental property. Its classic façade, manicured landscape, and well-preserved details showcase years of attentive care. According to Planning and the special zoning a developer can build upto 17 units. Buyer to verify with The City Of Downey. Sitting on a large lot, the property features rear-lot access through a commercial easement, providing convenience for parking, deliveries, or additional functional space. The building and driveway areas are included in the lease/use, while the garage and rear portion of the lot remain with the landlord. Whether you’re looking to elevate your business presence or secure a unique and historic spot in one of Downey’s most desirable corridors, this Victorian gem offers charm, visibility, and unmatched versatility—all just steps from Downtown dining, shops, and city landmarks. A one-of-a-kind opportunity in a premier location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1906
Lot Size
8,782 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

Downey Unified Schools

Rio Hondo Elementary School

Grades K-5 • 0.6 mi

5/10

Price Elementary School

Grades K-5 • 1.3 mi

7/10

Rio San Gabriel Elementary School

Grades K-5 • 1.3 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
80%
Baths2.02.0
50%
Square foot1,4201,786
37%
Lot Size8,7827,487.5
83%
Price$1.20M$1.01M
72%
Price per sq ft$845$622
96%
Built year19061951
2%
HOA$0$0
50%
Days on market92164
11%

Pricing History

Listed for Sale

Dec 5, 2025

$1,200,000

Initial Listing

Price Change

Dec 4, 2025

$120,000

Initial Listing

Sold

Mar 3, 2009

$450,000

Public Record

Sold

Dec 29, 2005

$14,000

Public Record

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