
Downey, California 90240
This property presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned above the $841,380 Fair Market Value. While the home requires a comprehensive rehab given its Condition Rating of 5, the expansive 13,136 sq. ft. lot offers significant upside for ADU development or home expansion. Featuring original hardwood floors and central HVAC, this Single Family Residence provides a solid foundation for value-add projects. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the prime Downey location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8135 Dacosta Subject | $999,999* List Price | 2 | 2 | 1,497 | $562 | - |
A 9337 Rives Sold | $937,000 | 2 | 2 | 1,581 | $593 | 0.6 mi |
B 9933 Tristan Pending | $890,000 List Price | 2 | 2 | 1,296 | $687 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950, the property features a kitchen and bathrooms that appear to be over 40 years old with dated tile and fixtures. While the home has central HVAC and 'good bones,' the interior requires a comprehensive rehab to address the significant age of the finishes and systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13136, living area = 1497.
The oversized 13,136 sq. ft. lot is a rare find in this area, offering massive potential for an ADU, pool, or significant home expansion.
Situated in one of Downey’s most prestigious and sought-after neighborhoods, ensuring strong long-term appreciation and desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13136, other record lot size in square feet = 13193.
With only two bedrooms, the property may face challenges attracting larger families or buyers expecting more sleeping quarters at this price point.
The 1950s build and 'endless potential' description suggest that cosmetic or functional updates may be necessary to meet contemporary luxury standards.
Situated in one of Downey’s most highly sought-after neighborhoods, this charming 2-bedroom, 2-bathroom home offers 1,497 sq. ft. of comfortable living space on an expansive 13,136 sq. ft. lot. Full of character and opportunity, this solid home boasts great bones, high ceilings, and original hardwood floors that add warmth and timeless appeal. The functional layout includes a spacious bonus room/den/family room, dedicated laundry room, and central A/C and heat for year-round comfort. Outside, the oversized lot provides endless possibilities with RV parking and an abundance of backyard space ready to be transformed into the ultimate entertainer’s paradise, pool retreat, or future expansion opportunity. A rare chance to own a home with endless potential in a prime Downey location close to shopping, dining, schools, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,497 | 1,865 | 35% |
| Lot Size | 13,136 | 7,430 | 88% |
| Price | $1000.0K | $975.0K | 58% |
| Price per sq ft | $668 | $540 | 81% |
| Built year | 1950 | 1952 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 140 | 5% |
May 18, 2026
$999,999
Initial Listing