9203 Chaney Avenue, Downey, California 90240, Downey, 90240 - 6 bed, 4 bath

9203 Chaney Avenue, Downey, California 90240 home-pic-0
ACTIVE$1,650,000
9203 Chaney Avenue, Downey, California 90240
6Beds
4Baths
2,068Sqft
7,907Lot

Price Vs. Estimate

The estimated value ($1,650,000) is $0 (0%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multigenerational & Investment Opportunity: The property offers a unique advantage for both multigenerational living and significant investment potential, featuring two distinct homes on one lot, providing flexibility for rental income or extended family.
Top Cons:
Age of Original Structure: The main home was built in 1951, meaning the underlying structure is over 70 years old. While renovated, potential buyers may have concerns about older infrastructure not explicitly updated (e.g., plumbing, electrical beyond cosmetic).

Compared to the nearby listings

Price:$1.65M vs avg $1.00M (+$649,912.5)78%
Size:2,068 sqft vs avg 1,828 sqft61%
Price/sqft:$798 vs avg $54889%

More Insights

Built in 1951 (74 years old).
Condition: This property consists of two homes. The rear unit was newly built in 2024, making it brand new. The main residence, though built in 1951, has undergone an extensive and high-quality renovation, featuring a gourmet kitchen with brand-new stainless-steel appliances, European-inspired cabinetry, recessed lighting, and modern flooring. The bathrooms also boast premium finishes and an upscale aesthetic, as evidenced by the contemporary vanity, tiling, and fixtures in the images. Both units benefit from modern systems like multizone climate control (mini-split units visible) and attractive, new flooring throughout. The overall condition, including the exterior with new siding and driveway, indicates a property that is virtually new or extensively renovated within the last year, meeting the 'excellent' criteria.
Year Built
1951
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$798
HOA
-
Days on market
-
Sold On
-
MLS number
DW25196155
Home ConditionExcellent
Features
View-

About this home

Brilliant Multigenerational-Friendly Property with Investment Advantages and Stylish! Nestled in an extremely desirable Northeast Downey neighborhood just minutes from major freeways, shopping, and restaurants, this two-home (2,068 sq. ft.) property affords an exceptional opportunity for shrewd investors and sharp homebuyers. Perfectly landscaped for easy maintenance, the curb appeal continues to overflow with beautiful board and batten siding, newly-poured concrete driveway, and a sleek glass and metal garage door. Fashioned to evoke modern farmhouse vibes, the main 3Bed/2Bath residence mesmerizes with gorgeous floors, crisp neutral paint hues, high-end porcelain finishes, ample natural light, an openly flowing layout, and a sizeable living room. Experiment with your culinary creativity in the upgraded gourmet kitchen, which has BRAND-NEW stainless-steel appliances, European-inspired cabinetry, gas stove, recessed lighting, and an adjoining dining area. Each bedroom is abundantly sized for both form and function, while the primary bedroom also has an attached end suite with premium finishes and an upscale aesthetic. Recently built in 2024, the rear 3Bed/2Bath home impresses even the most discerning homebuyers and/or investors. Bursting with coastal charm, the captivating abode welcomes with a classic stucco exterior, trendy black-framed windows, and a covered entrance. Sundrenched and immaculately neat, the interior boasts low-E windows, attractive flooring, multizone climate control, an organically flowing floorplan, full gourmet kitchen with stainless-steel appliances, three generously-sized bedrooms, two full bathrooms, and a lovely living area for entertaining. Additional considerations include an attached garage, laundry hookups in both homes, tons of cashflow opportunity, spacious 7,907 sq. ft. lot, close to entertainment, schools, medical facilities, and so much more! Start living the good life in one of Downey’s most coveted locations. SCHEDULE YOUR PRIVATE TOUR TODAY!

Price History

Date
Event
Price
05/21/25
Sold
$1,460,000
03/16/22
Sold
$822,000
Condition Rating
Excellent

This property consists of two homes. The rear unit was newly built in 2024, making it brand new. The main residence, though built in 1951, has undergone an extensive and high-quality renovation, featuring a gourmet kitchen with brand-new stainless-steel appliances, European-inspired cabinetry, recessed lighting, and modern flooring. The bathrooms also boast premium finishes and an upscale aesthetic, as evidenced by the contemporary vanity, tiling, and fixtures in the images. Both units benefit from modern systems like multizone climate control (mini-split units visible) and attractive, new flooring throughout. The overall condition, including the exterior with new siding and driveway, indicates a property that is virtually new or extensively renovated within the last year, meeting the 'excellent' criteria.
Pros & Cons

Pros

Multigenerational & Investment Opportunity: The property offers a unique advantage for both multigenerational living and significant investment potential, featuring two distinct homes on one lot, providing flexibility for rental income or extended family.
Prime Location: Nestled in a highly desirable Northeast Downey neighborhood, the property boasts excellent proximity to major freeways, diverse shopping options, and popular restaurants, enhancing convenience and appeal.
Brand New Second Home (ADU): A newly constructed (2024) rear home offers modern amenities, energy efficiency (low-E windows, multizone climate control), and a full gourmet kitchen, appealing to contemporary living standards or high-quality tenants.
Recently Renovated Main Home: The main residence has been stylishly updated with a modern farmhouse aesthetic, featuring gorgeous floors, high-end porcelain finishes, a brand-new gourmet kitchen with stainless-steel appliances, and an upgraded primary suite.
Exceptional Curb Appeal & Low Maintenance: The property presents an attractive exterior with beautiful board and batten siding, a newly-poured concrete driveway, a sleek garage door, and perfectly landscaped, easy-to-maintain grounds.

Cons

Age of Original Structure: The main home was built in 1951, meaning the underlying structure is over 70 years old. While renovated, potential buyers may have concerns about older infrastructure not explicitly updated (e.g., plumbing, electrical beyond cosmetic).
Compact Unit Sizes: With two 3-bedroom, 2-bathroom homes totaling 2,068 sq. ft., each unit averages approximately 1,034 sq. ft., which might be considered compact for a 3-bedroom residence by some prospective buyers.
Shared Outdoor Space/Privacy: While the lot is a spacious 7,907 sq. ft., accommodating two homes could result in less private outdoor space for each individual unit, potentially impacting privacy or the extent of personal yard use compared to a single-family home on a similar lot.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state