8353 Gainford, Downey, California 90240, Downey, 90240 - 6 bed, 5 bath
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Downey, California 90240
This Multi-Generational Luxury Estate is a Strong Value Opportunity, listed at $1,899,000—positioned above the $1,745,178 Fair Market Value. While priced at a premium, the property offers exceptional utility through its private back suite with kitchenette, ideal for rental income or extended family. Featuring a Condition Rating of 3, the home includes a chef-inspired kitchen, dual-zone HVAC, and tankless water heater. Its prime North Downey location provides rapid freeway access, making this a sophisticated choice for Buy-and-Hold Investors or Owner-Occupants seeking versatile, high-end living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8353 Gainford Subject | $1,899,000* List Price | 6 | 5 | 3,934 | $444 | - |
A 9123 9123 Lemoran Avenue Sold | $1,800,000 | 5 | 6 | 3,922 | $459 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the original build date is 1950, the structure is a modern rebuild/major renovation likely 10-15 years old. It features a well-maintained chef's kitchen with granite countertops, move-in ready interiors with travertine flooring, and updated systems including dual-zone HVAC and a tankless water heater. The aesthetic is slightly dated compared to current trends but remains in high-quality, functional condition.
The property features a fully private back suite with its own kitchenette and separate entrance, providing exceptional utility for rental income, a home office, or extended family living.
Equipped with dual-zone central HVAC, an energy-efficient tankless water heater, and a whole-house water softener, the home offers high-end comfort and updated mechanical systems.
Situated in a highly desirable neighborhood with rapid access to the 5 and 605 freeways and proximity to Downtown Downey, the location balances luxury residential living with urban convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The property was recently sold within the past year on 2025-10-09. The sold price is $1,775,000.00.
With nearly 4,000 square feet of living space on a 6,069 square foot lot, the outdoor yard space is relatively constrained compared to other luxury estates in this price bracket.
Sprawling multi-generational luxury in Prime North Downey! This stunning estate perfectly blends architectural elegance with modern functionality. Inside, soaring vaulted ceilings and abundant natural light welcome you into an expansive formal living and dining area. The chef-inspired kitchen transitions seamlessly into the living spaces, creating an ideal layout for entertaining. The highly desirable main floor features a private guest bedroom and bathroom, plus a massive bonus: a fully private back suite equipped with its own kitchenette and separate entrance—perfect for extended family, rental income, or a private home office. Upstairs reveals four bedrooms, highlighted by a luxurious primary room featuring a walk-in closet and a spa-like ensuite with a jetted tub and separate shower. Home includes dual-zone central HVAC, an energy-efficient tankless water heater, and a whole-house water softener. Superbly located with rapid access to the 5 and 605 freeways, and just minutes from the premier dining, shopping, and entertainment of Downtown Downey.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 93% |
| Baths | 5.0 | 2.0 | 86% |
| Square foot | 3,934 | 1,938 | 88% |
| Lot Size | 6,069 | 7,430 | 42% |
| Price | $1.90M | $975.0K | 86% |
| Price per sq ft | $483 | $535 | 30% |
| Built year | 1950 | 1952 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 146 | 5% |
May 29, 2026
$1,899,000
Initial Listing
Oct 9, 2025
$1,775,000
Public Record
Sep 2, 2014
$800,000
Public Record
Aug 31, 2011
$680,000
Public Record