
Downey, California 90240
This Turnkey Modern Townhouse is a Strong Value Opportunity, listed at $735,000—positioned well below the $759,817 Fair Market Value by 3%. This valuation gap offers $24,817 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2018-built residence includes a versatile first-floor suite and upgraded epoxy garage. Located in the Downey Unified School District, it offers a low-maintenance lifestyle with convenient freeway access. This is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8459 Tweedy Subject | $735,000* List Price | 3 | 4 | 1,761 | $461 | - |
A 7354 Diamond Drive Sold | $832,669 | 3 | 4 | 1,618 | $515 | 0.9 mi |
B 7344 Diamond Drive Sold | $784,990 | 3 | 4 | 1,794 | $438 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and in mint condition. It features a modern kitchen with stainless steel appliances, updated flooring, and fresh paint, qualifying as a turnkey home with no maintenance required.
Built in 2018, this newer-construction home features recent upgrades including new flooring, fresh interior paint, and an epoxy-coated garage, offering a move-in ready experience with contemporary finishes.
The 1,761 sqft layout includes a rare first-floor bedroom suite with a full bathroom, providing excellent flexibility for multi-generational living, guests, or a dedicated home office.
The property boasts a low $300 HOA fee, no Mello-Roos, and low property taxes, significantly reducing monthly carrying costs compared to similar modern developments in the area.
With a lot size of only 845 sqft, the property lacks a traditional private backyard or significant outdoor area, which may be a drawback for pet owners or those who enjoy gardening.
As a townhouse unit, the property involves shared walls and close proximity to neighbors, which may offer less privacy and more ambient noise than a detached single-family residence.
Welcome to this beautifully maintained newer-construction home located in a desirable gated community in the heart of Downey. Built in 2018, this move-in ready residence offers modern living, abundant natural light, and a highly functional floor plan. Offering 3 bedrooms and 4 bathrooms, 1,761 sqft. The first floor features a private bedroom suite with a full bathroom, ideal for guests, multi-generational living, or a home office. Recent upgrades include new flooring on the first level, fresh interior paint, included Tesla EV charger and an upgraded garage with decorative epoxy flooring, creating a clean and polished appearance. located in a highly rated school district - Downey Unified School District. This well-kept home offers Low HOA and plenty of guest parking. A prime location close to Walmart, Costco, restaurants, and easy access to I-5/605 freeways. Low Property Tax and No Mello-Roos! A rare opportunity to own a modern, turnkey home in one of Downey’s most convenient and sought-after gated communities. Don't miss this rare opportunity!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,761 | 1,511.5 |
| Lot Size | 845 | - |
| Price | $735.0K | $733.8K |
| Price per sq ft | $417 | $475 |
| Built year | 2018 | 2026 |
| HOA | $300.0 | $345 |
| Days on market | 41 | 126 |
Jun 11, 2026
$735,000
Initial Listing
Nov 30, 2018
$539,000
Public Record