
Downey, California 90240
This Townhouse Asset is a High-Potential Investment Opportunity, listed at $679,999—positioned well above the $575,484 Fair Market Value by -18%. While the property requires modernization to address its Condition Rating of 4, it offers a stable foundation in the gated Glenbrook Downey community. Featuring a private patio and access to Downey Unified schools, the home provides a functional layout for long-term residents. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to add value through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8901 Serapis 8 Subject | $679,999* List Price | 3 | 3 | 1,505 | $382 | - |
A 8901 Serapis Sold | $629,000 | 2 | 3 | 1,604 | $392 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property exceeds the 20-year threshold for dated interiors. While the listing mentions updated flooring and meticulous maintenance, the kitchen and bathrooms feature original-style oak cabinetry, tile countertops, and older appliances that require modernization to meet current market standards.
Situated in the secure Glenbrook Downey gated community, this home offers excellent walkability to local schools and dining, with convenient access to the 5 and 605 freeways.
The property has been meticulously maintained and features updated flooring, providing a move-in-ready option for buyers seeking a well-kept residence.
The association fee includes valuable amenities such as a community pool, landscaping, and common area maintenance, as well as paid water and trash services.
With a lot size of 1,438 square feet for a 1,505 square foot home, private outdoor space is minimal, which is a common trade-off for townhouse living.
The listing specifies no significant views, which may be a drawback for buyers prioritizing aesthetic vistas or natural surroundings.
Located in the Glenbrook Downey gated community, this townhome at 8901 Serapis ave, Unit #8 includes 3 bedrooms, 2 full bathrooms upstairs along with a half bath downstairs. This spacious home is walking distance to the local elementary school, dining, and neighborhood shops. HOA amenities include a community pool, common area maintenance, and landscaping- along with paid water and trash service. This unit includes updated flooring and has been meticulously maintained. This property is located within easy access to the 5 and 605 freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,505 | 1,505 | 50% |
| Lot Size | 1,438 | 1,438 | 50% |
| Price | $680.0K | $680.0K | 40% |
| Price per sq ft | $452 | $452 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $396.0 | $396 | 50% |
| Days on market | 0 | 80 | 20% |
May 21, 2026
$679,999
Initial Listing
Feb 15, 2011
$250,000
Public Record
Aug 26, 2005
$455,000
Public Record
May 31, 2001
$197,000
Public Record
Aug 13, 1999
$170,000
Public Record