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8441 Alameda, Downey, California 90242, Downey, 90242 - 3 bed, 2 bath

8441 Alameda, Downey, California 90242 home-pic-0
ACTIVE$949,000
8441 Alameda, Downey, California 90242
3Beds
2Baths
1,793Sqft
7,836Lot

Price Vs. Estimate

The estimated value ($1,010,994.335) is $61,994.335 (6%) higher than the list price ($949,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 7836, living area = 1793.
Top Cons:
Original Construction Age: Built in 1950, the property's original structure is over 70 years old, which may imply older underlying systems (e.g., plumbing, electrical not explicitly mentioned as fully replaced) that could require future attention.

Compared to the nearby listings

Price:$949.0K vs avg $850.0K (+$99,000)67%
Size:1,793 sqft vs avg 1,430.5 sqft70%
Price/sqft:$529 vs avg $57837%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, this property has undergone extensive renovations within the last five years, bringing it to a virtually new standard. The full kitchen remodel features modern shaker-style cabinets, stainless steel appliances, subway tile backsplash, and recessed lighting. Both bathrooms are updated with contemporary fixtures and finishes. Major systems like the central HVAC and water heater are only two years old. New laminate flooring throughout and recessed lighting in main living spaces further contribute to its excellent, move-in ready condition, with no deferred maintenance visible in key areas.
Year Built
1950
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
DW25253874
Home ConditionExcellent
Features
Patio
View-

About this home

Welcome to this beautifully updated 3-bedroom, 2-bath home offering comfort, functionality, and thoughtful upgrades throughout. Originally 1,393 sq. ft., the home has been expanded to include an additional approx. 400 sq. ft. lower-level living room/den featuring a gas fireplace and double-pane windows, all completed with city permits and up to code. Recent upgrades completed within the last five years include: • Full kitchen remodel with new cabinets, fixtures, double pane windows and flooring that extends through the common areas • Recessed lighting throughout the main living spaces • Updated bathrooms and laminate flooring in all bedrooms • New central HVAC system with new ductwork (approx. 2 years old) • New water heater (approx. 2 years old) • Partial roof replacement (2/3 replaced during expansion project) • New backyard cement slab and two underground storm drains for improved drainage Enjoy the spacious backyard filled with established fruit trees, including avocado, orange, lime, fig, dragon fruit, and cactus. Additional highlights include an insulated garage door. Garage used as a playroom. This move-in ready home offers a rare combination of modern upgrades, expanded living space, and a peaceful outdoor setting in one of Downey’s most convenient neighborhoods.

Price History

Date
Event
Price
06/10/99
Sold
$130,000
11/15/17
Sold
$507,000
12/05/01
Sold
$193,500
Condition Rating
Excellent
Despite being built in 1950, this property has undergone extensive renovations within the last five years, bringing it to a virtually new standard. The full kitchen remodel features modern shaker-style cabinets, stainless steel appliances, subway tile backsplash, and recessed lighting. Both bathrooms are updated with contemporary fixtures and finishes. Major systems like the central HVAC and water heater are only two years old. New laminate flooring throughout and recessed lighting in main living spaces further contribute to its excellent, move-in ready condition, with no deferred maintenance visible in key areas.
Pros & Cons

Pros

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 = 7836, living area = 1793.
Extensive Recent Upgrades: The home boasts a full kitchen remodel, updated bathrooms, new flooring, and recessed lighting throughout main living spaces, all completed within the last five years, offering a modern and fresh interior.
Permitted Living Space Expansion: An additional 400 sq. ft. lower-level living room/den with a gas fireplace and double-pane windows was added with city permits, significantly increasing functional living area.
New Major Systems: Key infrastructure like the central HVAC system (with new ductwork) and water heater are approximately two years old, reducing immediate maintenance concerns for a new owner.
Productive & Well-Maintained Backyard: The spacious backyard features established fruit trees (avocado, orange, lime, fig, dragon fruit, cactus) and improved drainage with two underground storm drains, enhancing outdoor living and property value.
Move-in Ready Condition: With numerous recent upgrades and essential systems updated, the property is presented as move-in ready, minimizing initial effort and expense for the buyer.

Cons

Original Construction Age: Built in 1950, the property's original structure is over 70 years old, which may imply older underlying systems (e.g., plumbing, electrical not explicitly mentioned as fully replaced) that could require future attention.
Partial Roof Replacement: Only two-thirds of the roof was replaced during the expansion project, leaving one-third of the original roof, which may necessitate earlier replacement or repair compared to a fully new roof.
Garage Conversion: The garage is currently used as a playroom, meaning the property lacks a dedicated functional garage for vehicle parking or traditional storage, which could be a drawback for some buyers.

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