8701 Boyne, Downey, California 90242, Downey, 90242 - 2 bed, 1 bath
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Downey, California 90242
This Value-Add Residential Property represents a strategic acquisition in a prime Downey location. Listed at $650,000, the home is positioned relative to a $547,579 Fair Market Value, reflecting the extensive renovation required to reach its full potential. With a Condition Rating of 5, the 704-square-foot interior demands a comprehensive overhaul of all major systems and finishes. However, the 6,397 sqft lot provides significant expansion or ADU possibilities within the Downey Unified School District. This is a prime project for Fix-and-Flip Investors or Contractors looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8701 Boyne Subject | $650,000* List Price | 2 | 1 | 704 | $778 | - |
A 8252 Lankin Street Sold | $700,000 | 2 | 1 | 934 | $749 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and explicitly described as needing 'TLC,' this property shows significant signs of age and deferred maintenance. The kitchen and bathroom feature outdated cabinetry, tiling, and fixtures likely dating back several decades. With only 704 square feet of living space and a 'must see to appreciate' disclaimer, the home requires substantial rehabilitation and modernization of all major systems and interior finishes.
2 bedroom 1 Bath home in need of TLC. Located in a desirable area of Downey. Close to shopping and Schools. Must see to appreciate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 704 | 1,341 | 5% |
| Lot Size | 6,397 | 6,038.5 | 61% |
| Price | $650.0K | $867.5K | 5% |
| Price per sq ft | $923 | $657 | 93% |
| Built year | 1949 | 1953 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 151 | 7% |
Feb 17, 2026
$650,000
Initial Listing