8431 Lexington, Downey, California 90241, Downey, 90241 - 4 bed, 2 bath
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8431 Lexington
Downey, California 90241
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,945Sq Ft
5,538Lot Size
Property Price
LIST PRICE$1,089,000
EST. MARKET VALUE
$980,729
11% AboveMARKET VALUE
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $1,089,000—positioned well above the $980,730 Fair Market Value by -11%. While priced at a premium, the home features a Condition Rating of 3, boasting a Granite Kitchen, copper plumbing, and a private orchard. Located in the Downey Unified School District near top-rated schools like Gallatin Elementary, it offers a high-quality lifestyle. This property is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready home in a prestigious neighborhood.
Estimated Market Value
$980,729
Based on Realkey algorithm analyzing recent comparable sales in Downey.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8431 Lexington Subject | $1,089,000* List Price | 4 | 2 | 1,945 | $504 | - |
A 10340 Clancey Avenue Sold | $1,330,000 | 3 | 2 | 1,911 | $696 | 0.6 mi |
B 9044 Bigby Sold | $1,250,000 | 4 | 3 | 2,080 | $601 | 0.5 mi |
C 10252 Clancey Avenue Sold | $855,000 | 3 | 2 | 2,050 | $417 | 0.6 mi |
D 9356 Farm Sold | $1,195,000 | 3 | 2 | 1,954 | $612 | 0.9 mi |
E 9225 Buell Street Sold | $1,100,000 | 3 | 2 | 1,539 | $715 | 0.9 mi |
F 9388 Bigby Street Sold | $1,300,000 | 3 | 3 | 2,280 | $570 | 1.0 mi |
G 9287 Muller Sold | $1,200,000 | 3 | 2 | 1,830 | $656 | 0.9 mi |
H 10613 Dolan Ave Active | $1,325,000 List Price | 4 | 3 | 2,032 | $652 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1976, the home is well-maintained and move-in ready. The kitchen features granite countertops and stainless steel appliances consistent with a 5-15 year old renovation. The interior has been updated with laminate flooring and recessed lighting, and the inclusion of copper plumbing indicates attention to system maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Accessibility
Situated in a prestigious Northeast Downey neighborhood, the property offers exceptional convenience with proximity to the 5 freeway and local amenities.
- Spacious Living Areas
The home features a functional 1,945 sq.ft. layout including two fireplaces, a dedicated dining area, and large windows that provide abundant natural light.
- Private Fruit Orchard
The low-maintenance backyard serves as a private oasis featuring mature avocado, grapefruit, guava, and kumquat trees, adding significant lifestyle value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Bedroom Count Discrepancy
Public records indicate three bedrooms while the seller claims four, which may present challenges during the appraisal or permitting verification process.
- Limited Lot Size
At 5,500 sq.ft., the lot size is relatively modest for the price point, potentially limiting future expansion or extensive outdoor development.
About 8431 Lexington
Welcome to a rare opportunity in one of Downey’s most prestigious neighborhoods, where pride of ownership, convenience, and comfort come together seamlessly. Profile shows it has 3 bedrooms but per seller, there are 4 bedrooms with closet. This beautifully maintained 4-bedroom, 2-bath home offers 1,945 sq.ft. of living space on a 5,500 sq.ft. lot, perfectly designed for both everyday living and memorable gatherings. Located in an excellent, highly sought-after area, the location is exceptional — just 0.8 miles from the 5 freeway and close to popular restaurants, markets, and conveniences that make daily life effortless. Inside, you’ll find a large living room with a classic fireplace, a spacious family room with a second fireplace, and a dedicated dining area ideal for hosting. The kitchen features sturdy cabinetry with granite countertops, offering durability and timeless appeal. Laminate flooring throughout adds a clean, cohesive look. The home is equipped with copper plumbing, side-by-side 2-car garage, and large windows plus a balcony that invite abundant natural sunlight into the space. Step outside to a low-maintenance backyard that feels like your own private oasis. A beautiful avocado tree creates a soothing, natural shade you’ll fall in love with instantly. The yard also includes grapefruit, guava, and kumquat trees—all yours to enjoy with family and friends, season after season. This is a home that offers comfort, charm, and an unbeatable location. Don’t miss your chance to make it yours.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 5,538 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
Gallatin Elementary School
Grades K-5 • 0.6 mi
8/10
Price Elementary School
Grades K-5 • 0.8 mi
7/10
Rio Hondo Elementary School
Grades K-5 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,945 | 1,517.386 |
| Lot Size | 5,538 | 7,116.561 |
| Price | $1.09M | $940.6K |
| Price per sq ft | $560 | $631 |
| Built year | 1976 | 1952 |
| HOA | $0 | $300 |
| Days on market | 13 | 52 |
Pricing History
Listed for Sale
Aug 27, 2026
$1,089,000
Initial Listing
Sold
May 12, 2017
$689,000
Public Record
Sold
Sep 2, 2004
$579,000
Public Record