
Downey, California 90240
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $1,300,000—positioned above the $1,188,826 Fair Market Value. While priced at a premium, the property offers exceptional utility through its 16,179 sqft lot, permitted 700 sqft ADU, and detached garage structure. With a Fair Condition Rating on the main home, the property provides significant flexibility for multi-generational living or rental income generation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with long-term expansion potential in Downey.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8905 Arrington Avenue Subject | $1,300,000* List Price | 4 | 2 | 2,036 | $584 | - |
A 8104 Valdina Drive Active | $1,199,000 List Price | 3 | 2 | 1,587 | $756 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a mix of conditions: the main 1951 residence is dated with a 'vintage' kitchen and original character, fitting the 'Fair' criteria (>20y/dated). However, the score is bolstered by a 2-year-old modern ADU and recent PEX plumbing updates, preventing a 'Poor' rating despite the main home's age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16179, living area = 2036.
The property features a main home, a recently built 700 sqft permitted ADU, and a detached garage with a bathroom, offering exceptional potential for rental income or multi-generational living.
Sitting on a massive 16,179 square foot flat lot, the property provides rare space for future expansion, outdoor amenities, or additional parking in a desirable North Downey location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2036, other record living area = 1336. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The primary residence retains its original 1951 vintage character and kitchen, which may require significant modernization to align with the quality of the newer ADU.
While gas and electric are separated, the entire property shares a single water meter, which could present challenges for accurately splitting utility costs between multiple occupants.
8905 Arrington Ave is a rare North Downey opportunity offering multiple living spaces, a huge flat lot, and excellent long term flexibility. Located on a quiet cul de sac, this unique property features a 1,336 square foot main home with 2 bedrooms and 1 bathroom, a permitted 700 square foot ADU built approximately 2 years ago with 2 bedrooms and 1 bathroom, and a detached garage structure with an extended area totaling approximately 775 square feet, plus its own bathroom. The main home offers classic character, including a vintage kitchen, and has recently had the plumbing replaced with PEX. The newer ADU features hard surface flooring, shaker style cabinetry, quartz counters, and separate gas and electric meters, while the property shares one water meter. Sitting on an impressive 16,179 square foot flat lot, there is plenty of room to enjoy the existing layout while also exploring future possibilities such as expanding the main home, adding outdoor living areas, creating more parking, or making other improvements to fit the next owner’s needs. Additionally, but the main home and the ADU have laundry hookups. This is a hard to find property that can work beautifully for multi generational living, rental income, an owner occupant with extended family, or an investor looking for a property with multiple usable structures in a desirable Downey location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,036 | 1,872 | 60% |
| Lot Size | 16,179 | 7,430 | 93% |
| Price | $1.30M | $975.0K | 74% |
| Price per sq ft | $639 | $540 | 77% |
| Built year | 1951 | 1952 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 140 | 5% |
May 26, 2026
$1,300,000
Initial Listing
Sep 1, 2022
$650,000
Public Record