8306 Telegraph, Downey, California 90240, Downey, 90240 - 4 bed, 3 bath
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Downey, California 90240
This Turnkey Townhouse is a Strong Value Opportunity, listed at $799,999—positioned well below the $805,621 Fair Market Value by 0.7%. This valuation gap offers $5,622 in Instant Equity. Featuring an Updated Kitchen and a Good Condition Rating, the property provides a low-maintenance lifestyle with two private patios and a gated setting. Located within the Downey Unified school district, this residence balances modern convenience with financial stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8306 Telegraph Subject | $799,999* List Price | 4 | 3 | 1,834 | $439 | - |
A 8901 Serapis Sold | $629,000 | 2 | 3 | 1,604 | $392 | 0.5 mi |
B 7354 Diamond Drive Sold | $832,669 | 3 | 4 | 1,618 | $515 | 0.6 mi |
C 8901 Serapis Avenue 25 Sold | $680,000 | 3 | 3 | 1,505 | $452 | 0.5 mi |
D 7344 Diamond Drive Sold | $784,990 | 3 | 4 | 1,794 | $438 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), this townhome falls within the 10-20 year age bracket for a 'Good' rating. The property is well-maintained and move-in ready, featuring an updated kitchen with granite countertops and stainless steel appliances. The bathrooms and living areas appear functional and clean with no visible signs of deferred maintenance.
Built in 2005, this 1,834 sqft townhouse offers a contemporary four-bedroom floor plan with an updated kitchen and all bedrooms upstairs, providing a functional separation of living and private spaces.
The property features remarkably low monthly HOA dues of $135, offering the benefits of a managed community and gated security without the high carrying costs typically found in similar Southern California complexes.
Located in a desirable gated setting in Northwest Downey, the home provides enhanced privacy and peace of mind while maintaining convenient access to local schools, parks, and major freeways.
While the property includes two private patios, it lacks a traditional backyard, which may be a disadvantage for buyers specifically looking for large green spaces or private play areas for children and pets.
As a townhouse, the residence involves shared walls and higher-density living, which may offer less seclusion and more potential for noise transfer compared to a detached single-family home.
Downey's Hidden Gem—Where Space Meets Low-Maintenance Living. Welcome to one of Downey's most unique opportunities! This spacious 4-bedroom, 2.5-bath townhome offers the privacy and functionality of a single-family home while enjoying the convenience of low-maintenance living within a gated community. With few comparable properties available, this home stands out as an ideal option for buyers seeking more space without the larger lot maintenance or higher price point of a detached home. Inside, you'll find an updated kitchen designed for both everyday living and entertaining, while all four bedrooms are thoughtfully located upstairs, creating a comfortable separation between living and private spaces. Step outside to enjoy not one, but two private patios—perfect for morning coffee, outdoor dining, or relaxing after a long day. Additional highlights include a two-car attached garage, low HOA dues, and a desirable gated setting that offers added privacy and peace of mind. Conveniently located near shopping, dining, parks, schools, and freeway access, this is a rare opportunity to own a home that truly has no direct competition in today's Downey market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,834 | 1,511.5 |
| Lot Size | 140,453 | - |
| Price | $800.0K | $733.8K |
| Price per sq ft | $436 | $475 |
| Built year | 2005 | 2026 |
| HOA | $135.0 | $345 |
| Days on market | 21 | 126 |
Jul 1, 2026
$799,999
Initial Listing
Feb 23, 2006
$629,000
Public Record