9052 Bigby Street, Downey, California 90241, Downey, 90241 - 4 bed, 2 bath

9052 Bigby Street, Downey, California 90241 home-pic-0
ACTIVE UNDER CONTRACT$1,028,900
9052 Bigby Street, Downey, California 90241
4Beds
2Baths
1,821Sqft
7,490Lot

Price Vs. Estimate

The estimated value ($675,853.06) is $353,046.94 (34%) lower than the list price ($1,028,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7490, living area = 1821.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $1,128,900 to $1,028,900, which could suggest initial overpricing or market resistance.

Compared to the nearby listings

Price:$1.03M vs avg $975.0K (+$53,900)56%
Size:1,821 sqft vs avg 1,738 sqft53%
Price/sqft:$565 vs avg $61139%

More Insights

Built in 1950 (75 years old).
Condition: Despite being built in 1950, the property is described as 'turnkey ready' with extensive modern upgrades. The kitchen features stainless steel appliances, granite countertops, and ceramic tile. Throughout the main house, there are solid hardwood floors, crown molding, recessed lighting, and large dual-pane windows. The property also benefits from central heating and air in the main house and a newer mini-split unit in the detached guest house. These significant updates indicate a property that has been extensively renovated within the last 5-15 years, making it move-in ready with modern amenities and no immediate renovation required, aligning with a 'Good' condition score.
Year Built
1950
Close
-
List price
$1.03M
Original List price
$1.13M
Price/Sqft
$565
HOA
-
Days on market
-
Sold On
-
MLS number
TR25042839
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

AMAZING OPPORTUNITY TO OWN THIS BEAUTIFUL NORTHEAST DOWNEY HOME. TURNKEY READY 3 BEDROOM 1 BATH WITH SEPARATE DETACHED 1 BEDROOM 1 BATH GUEST HOUSE. AS YOU STEP INSIDE, YOU WILL BE GREETED BY BEAUTIFUL KEPT SOLID HARDWOOD FLOORS, CROWN MOULDING, RECESS LIGHTING AND LARGE DUAL PANE WINDOWS THAT BRING PLENTY OF NATURAL LIGHT. BEAUTIFUL UPGRADED KITCHEN, STAINLESS STEEL APPLIANCES, CERAMIC TITLE, GRANITE COUNTER TOPS AND PLENTY OF CABINETRY AND CENTRAL HEATING AND AIR IN MAIN HOUSE. A DEN/FAMILY ROOM ATTACHED. AND NEWER MINI SPLIT UNIT IN BACK HOUSE. TWO CAR ATTACHED GARAGE WITH WASHER AND DRYER HOOKUPS. CONVENIENTLY LOCATED TO FREEWAYS, SHOPPING CENTERS AND RESTAURANTS. DEFINITELY A MUST SEE TO APPRECIATE!

Nearby schools

7/10
Rio San Gabriel Elementary School
Public,K-50.4mi
8/10
Gallatin Elementary School
Public,K-50.8mi
7/10
Price Elementary School
Public,K-51.3mi
5/10
Rio Hondo Elementary School
Public,K-51.3mi
7/10
Studebaker Elementary School
Public,K-51.5mi
6/10
Lakeview Elementary School
Public,K-51.7mi
6/10
Doty Middle School
Public,6-80.3mi
7/10
Griffiths Middle School
Public,6-81.3mi
7/10
Lakeside Middle School
Public,6-81.5mi
5/10
Sussman Middle School
Public,6-82.0mi
7/10
Lake Center Middle
Public,6-82.1mi
7/10
Downey High School
Public,9-120.7mi
7/10
Warren High School
Public,9-121.5mi
8/10
Santa Fe High School
Public,9-121.6mi

Price History

Date
Event
Price
05/14/10
Sold
$365,000
09/16/04
Sold
$499,000
04/01/02
Sold
$304,000
Condition Rating
Good

Despite being built in 1950, the property is described as 'turnkey ready' with extensive modern upgrades. The kitchen features stainless steel appliances, granite countertops, and ceramic tile. Throughout the main house, there are solid hardwood floors, crown molding, recessed lighting, and large dual-pane windows. The property also benefits from central heating and air in the main house and a newer mini-split unit in the detached guest house. These significant updates indicate a property that has been extensively renovated within the last 5-15 years, making it move-in ready with modern amenities and no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7490, living area = 1821.
Detached Guest House: The property includes a separate detached 1 bedroom, 1 bath guest house, offering excellent potential for rental income, multi-generational living, or a dedicated home office.
Turnkey & Upgraded Interiors: The main house is described as 'turnkey ready' with beautiful solid hardwood floors, crown molding, recessed lighting, large dual-pane windows, and a beautifully upgraded kitchen featuring stainless steel appliances and granite countertops.
Modern HVAC Systems: Comfort is ensured with central heating and air conditioning in the main house, complemented by a newer mini-split unit in the back guest house.
Desirable Location: Located in Northeast Downey, the home offers convenient access to freeways, shopping centers, and restaurants, enhancing its appeal to potential buyers.
Functional Living Spaces: The property features an attached den/family room for additional living space and a two-car attached garage with washer and dryer hookups, adding to its practicality and convenience.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $1,128,900 to $1,028,900, which could suggest initial overpricing or market resistance.
Main House Bathroom Count: The main 3-bedroom house only features one bathroom, which may be a drawback for larger families or those desiring more bathroom facilities.
Valuation Discrepancy: The current listing price is significantly higher than the automated property estimation value ($675,853.06), indicating a potential overvaluation or a need for strong justification of the asking price.

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