
Downey, California 90241
This Stunning Luxury Residence is a Strong Value Opportunity, listed at $1,550,000—positioned well below the $1,644,094 Fair Market Value by 5%. This valuation gap offers $94,094 in Instant Equity for the buyer. Featuring a gourmet chef's kitchen, covered patio, and an Excellent Condition Rating, this 2016-built home provides a turnkey lifestyle in the prestigious Downey Unified school district. It is an ideal acquisition for discerning families or luxury owner-occupants seeking a sophisticated, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8542 11th Subject | $1,550,000* List Price | 4 | 4 | 3,049 | $539 | - |
A 8560 Cherokee Drive Sold | $1,450,000 | 4 | 4 | 3,166 | $458 | 0.3 mi |
B 10214 Woodruff Sold | $1,245,000 | 3 | 2 | 2,469 | $504 | 0.7 mi |
C 9388 Bigby Street Sold | $1,300,000 | 3 | 3 | 2,280 | $570 | 0.9 mi |
D 9287 Muller Sold | $1,200,000 | 3 | 2 | 1,830 | $656 | 0.8 mi |
E 9356 Farm Sold | $1,195,000 | 3 | 2 | 1,954 | $612 | 0.8 mi |
F 8316 Cherokee Drive Active | $1,525,000 List Price | 4 | 3 | 2,615 | $583 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this luxury residence is within the 10-year age bracket for excellent condition. The property features a gourmet chef's kitchen with premium appliances, spa-inspired bathrooms, and modern HVAC/electrical systems, all appearing in mint condition with no maintenance required.
Built in 2016, this residence offers contemporary building standards, energy-efficient systems, and modern architectural finishes that are rare for the established Downey market.
Situated in the prestigious Northeast Downey area, the property provides access to top-rated schools, including Gallatin Elementary, and is close to upscale shopping and dining.
The 3,049 square foot interior features high ceilings, a gourmet chef's kitchen, and a spacious primary suite, providing a sophisticated environment for both living and entertaining.
The property has undergone two price reductions within the first 14 days of listing, suggesting the initial valuation may have been overly aggressive for the current market.
Despite its luxury positioning and high price point, the property offers no significant views, which may be a drawback for buyers seeking a more scenic or elevated setting.
Experience refined living in this exceptional luxury residence nestled in one of the area's most desirable neighborhoods. Set on a beautifully landscaped lot, this stunning home combines timeless elegance with modern sophistication, offering an unparalleled lifestyle for discerning buyers. The grand entrance opens to expansive living spaces filled with natural light, featuring soaring ceilings, designer finishes, and meticulous attention to detail throughout. The gourmet chef's kitchen is equipped with premium appliances, custom cabinetry and perfect for entertaining. The spacious primary suite serves as a private retreat, complete with a spa-inspired bathroom, walk-in closets, and serene views of the surrounding grounds. Additional bedrooms offer generous accommodations for family and guests. Step outside to your own resort- covered patio. Whether hosting elegant gatherings or enjoying quiet evenings at home, this property delivers comfort, privacy, and luxury at every turn. Conveniently located near top-rated schools, upscale shopping, fine dining, and recreational amenities, this remarkable home represents a rare opportunity to own a piece of luxury in a prestigious and sought-after community.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 80% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 3,049 | 1,627 | 89% |
| Lot Size | 8,306 | 7,490 | 71% |
| Price | $1.55M | $1.06M | 91% |
| Price per sq ft | $508 | $625 | 20% |
| Built year | 2016 | 1951 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 130 | 7% |
Jun 9, 2026
$1,550,000
$1,599,000
-3% Price Drop
Initial Listing
Jun 4, 2026
$1,599,000
$1,650,000
-3% Price Drop
Initial Listing
May 26, 2026
$1,650,000
Initial Listing
Jan 26, 2006
$709,000
Public Record