
Downey, California 90240
This property presents a High-Potential Investment Opportunity with a List Price of $945,000—positioned well above the $852,552 Fair Market Value by -10%. While the pricing reflects the premium North Downey location and top-tier Downey Unified School District, the Fair Condition Rating necessitates a comprehensive renovation. Featuring an oversized bonus room, enclosed sunroom, and large 7,414 sqft lot, the asset offers significant upside for forced appreciation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9155 Arrington Avenue Subject | $945,000* List Price | 3 | 2 | 1,525 | $559 | - |
A 9357 Parrot Sold | $870,000 | 3 | 2 | 1,501 | $580 | 0.8 mi |
B 9519 La Reina Sold | $905,000 | 3 | 2 | 1,449 | $625 | 0.7 mi |
C 8331 Vista Del Rosa Street Sold | $810,000 | 3 | 2 | 1,629 | $497 | 0.6 mi |
D 9933 Tristan Pending | $890,000 List Price | 2 | 2 | 1,296 | $687 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, the property is largely in original condition with a kitchen and bathrooms that are over 30 years old and significantly dated. The listing explicitly describes it as an 'investment opportunity' needing 'TLC,' indicating a requirement for a full interior rehab to meet modern standards, despite minor maintenance like a newer water heater.
Situated in a highly sought-after neighborhood near a cul-de-sac and Dennis the Menace Park, offering a quiet, family-oriented environment with excellent freeway access.
The property is located within the Downey Unified School District, which is ranked in the top 17% nationally, providing significant long-term value and appeal for families.
Includes an oversized bonus room and a fully enclosed sunroom, both featuring high beamed ceilings, providing substantial additional square footage for entertaining or a home office.
The property is marketed as an investment opportunity needing 'some TLC,' indicating that buyers should budget for immediate repairs and cosmetic renovations.
Built in 1951, the home likely requires modernization of original systems and interior finishes to meet contemporary standards and maximize its market value.
Incredible Investment Opportunity in Desirable North Downey! This 1950’s single-level ranch-style home offers 3 bedrooms and 2 full bathrooms in a highly sought-after, near-cul-de-sac location. The kitchen flows seamlessly into the inviting living room, complete with a cozy fireplace—perfect for everyday living and entertaining. An oversized bonus room, surrounded by windows and featuring high-beamed ceilings, provides versatile additional living space. At the same time, the fully enclosed sunroom just off the kitchen (also with high-beamed ceilings) adds even more room to relax or host guests. The primary suite includes an en-suite bathroom, ample closet space, and direct access to the sunroom through a sliding glass door. Step outside to an expansive backyard with endless potential, including space for any future additions. Additional highlights include: • Newer water heater Also, the home has a central and a Ductless HVAC unit. • Recently reroofed the bonus room and sunroom • Ample parking with a 2-car garage • Dennis the Menace Park is located just a few homes down • Convenient access to the 5 and 605 freeways • Downey Unified School District is rated in the top 17% in the nation. With some TLC, this home combines space, location, and opportunity—don’t miss your chance to make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,525 | 1,872 | 35% |
| Lot Size | 7,414 | 7,430 | 49% |
| Price | $945.0K | $975.0K | 49% |
| Price per sq ft | $620 | $540 | 74% |
| Built year | 1951 | 1952 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 146 | 5% |
May 15, 2026
$945,000
Initial Listing