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8502 Borson Street, Downey, California 90242, Downey, 90242 - 3 bed, 2 bath

8502 Borson Street, Downey, California 90242 home-pic-0
ACTIVE$875,000
8502 Borson Street, Downey, California 90242
3Beds
2Baths
1,432Sqft
6,291Lot

Price Vs. Estimate

The estimated value ($836,718.625) is $38,281.375 (4%) lower than the list price ($875,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Comfort Upgrades: The property features newer central AC and recessed lighting, enhancing modern comfort and energy efficiency.
Top Cons:
Age of Property: Built in 1949, the property is an older home, which may suggest potential for aging infrastructure or systems beyond the mentioned upgrades.

Compared to the nearby listings

Price:$875.0K vs avg $850.0K (+$25,000)59%
Size:1,432 sqft vs avg 1,425.5 sqft50%
Price/sqft:$611 vs avg $58954%

More Insights

Built in 1949 (76 years old).
Condition: The property, built in 1949, appears to be well-maintained and includes some functional updates such as newer central AC and recessed lighting. However, the kitchen features dated wood cabinets, tiled countertops, and older appliances. The bathroom also exhibits outdated styles with mosaic wall tiles and an older shower enclosure. While the home is livable, the aesthetic and features of the kitchen and bathrooms are significantly outdated, suggesting renovations that occurred 20-30+ years ago, and would benefit from modernization.
Year Built
1949
Close
-
List price
$875K
Original List price
$910K
Price/Sqft
$611
HOA
-
Days on market
-
Sold On
-
MLS number
DW25153386
Home ConditionFair
Features
Patio
View-

About this home

Downey property! Wonderful appeal and full of surprises. It features some recessed lights, newer central AC, new sprinkler system. Large island in kitchen. Fireplace! Fruit trees! The house has a large front yard and comfortable backyard with 2 side access and independent access to 2 rooms. Covered patio ready for creative use. Enjoy nearby restaurants, shopping, and freeway access—offering easy access to Los Angeles, while still coming home to a quieter, community-oriented street. Whether you’re looking to move right in or add your personal touch, this home offers space, flexibility, and a rare layout at a competitive price. Must see to appreciate keep eye out for the open houses.

Price History

Date
Event
Price
09/14/11
Sold
$310,000
Condition Rating
Fair
The property, built in 1949, appears to be well-maintained and includes some functional updates such as newer central AC and recessed lighting. However, the kitchen features dated wood cabinets, tiled countertops, and older appliances. The bathroom also exhibits outdated styles with mosaic wall tiles and an older shower enclosure. While the home is livable, the aesthetic and features of the kitchen and bathrooms are significantly outdated, suggesting renovations that occurred 20-30+ years ago, and would benefit from modernization.
Pros & Cons

Pros

Modern Comfort Upgrades: The property features newer central AC and recessed lighting, enhancing modern comfort and energy efficiency.
Functional Kitchen: A large island in the kitchen provides a practical and appealing space for cooking and entertaining.
Generous Outdoor Living: Offers a large front yard, comfortable backyard with fruit trees, and a covered patio, ideal for outdoor enjoyment and potential landscaping.
Versatile Layout: The home boasts a flexible and rare layout with independent access to two rooms, presenting opportunities for multi-generational living, home office, or potential rental income.
Convenient Location: Located on a quieter, community-oriented street in Downey, providing easy access to local restaurants, shopping, and freeways for commuting to Los Angeles.

Cons

Age of Property: Built in 1949, the property is an older home, which may suggest potential for aging infrastructure or systems beyond the mentioned upgrades.
Requires Personalization: The description indicates a need to 'add your personal touch,' implying that some cosmetic or functional updates may be desired by a buyer to fully modernize the home.
Lack of Views: The property explicitly states 'None' for views, which could be a drawback for buyers prioritizing scenic outlooks.

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