9246 Manzanar Avenue, Downey, California 90240, Downey, 90240 - 4 bed, 4 bath

9246 Manzanar Avenue, Downey, California 90240 home-pic-0
ACTIVE$1,325,000
9246 Manzanar Avenue, Downey, California 90240
4Beds
4Baths
1,895Sqft
7,503Lot

Price Vs. Estimate

The estimated value ($1,199,225.98) is $125,774.02 (9%) lower than the list price ($1,325,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Remodel: The property has undergone a beautiful and thoughtful remodel, featuring an elegant open layout, new flooring, crown molding, recessed lighting, a sleek kitchen with granite countertops and a large center island, and a granite-accented fireplace, offering contemporary style and a turnkey experience.
Top Cons:
Listing Price vs. Market Estimation: The current listing price is approximately 9% higher than the property's estimated market value, which could impact buyer perception and potentially necessitate price adjustments to align with market expectations.

Compared to the nearby listings

Price:$1.32M vs avg $1.00M (+$324,912.5)69%
Size:1,895 sqft vs avg 1,828 sqft56%
Price/sqft:$699 vs avg $54883%

More Insights

Built in 1950 (75 years old).
Condition: This property, though built in 1950, has undergone an extensive and recent renovation, bringing it to a virtually new condition. The description highlights a 'beautifully remodeled' home with 'new flooring, crown molding, and recessed lighting throughout.' The kitchen is 'sleek,' featuring granite countertops, a large center island, and updated cabinetry, which is confirmed by the images showing modern white shaker cabinets, black hardware, and contemporary countertops. The appliances appear new or in excellent condition, though the refrigerator is a standard white model. Bathrooms are described as 'updated.' Crucially, the property boasts a 'brand-new roof, copper plumbing, and central heating and cooling,' indicating major system replacements that meet current quality standards. The overall aesthetic in the images is fresh, modern, and move-in ready with no deferred maintenance visible. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, where all components are new or virtually new.
Year Built
1950
Close
-
List price
$1.32M
Original List price
$1.39M
Price/Sqft
$699
HOA
-
Days on market
-
Sold On
-
MLS number
SR25154985
Home ConditionExcellent
Features
Patio
View-

About this home

Step into modern elegance with this beautifully remodeled Downey home, perfectly situated on a generous 7,500 SF lot. Offering 4 spacious bedrooms and 3.5 updated bathrooms across 1,895 SF, this home has been thoughtfully upgraded to combine contemporary style with stunning charm. Inside, you’ll find an elegant open layout, new flooring, crown molding, and recessed lighting throughout creating a bright and refined atmosphere. The sleek kitchen is a standout, featuring granite countertops, a large center island, and updated cabinetry ideal for both everyday living and entertaining. The living room welcomes you with a striking granite-accented fireplace that adds a touch of luxury and warmth. Additional highlights include a brand-new roof, copper plumbing, and central heating and cooling for year-round comfort. Outside, enjoy a spacious grassy yard, a concrete patio, and a detached two-car garage offering secure parking and storage. Ideally situated with convenient access to shopping centers, dining, top-rated schools, parks, and major freeways including the 5, 605, 710, and 105, this turnkey remodeled home is the perfect opportunity for modern living in the heart of Downey. Don’t miss your chance to make it yours.

Price History

Date
Event
Price
12/01/23
Sold
$865,000
Condition Rating
Excellent

This property, though built in 1950, has undergone an extensive and recent renovation, bringing it to a virtually new condition. The description highlights a 'beautifully remodeled' home with 'new flooring, crown molding, and recessed lighting throughout.' The kitchen is 'sleek,' featuring granite countertops, a large center island, and updated cabinetry, which is confirmed by the images showing modern white shaker cabinets, black hardware, and contemporary countertops. The appliances appear new or in excellent condition, though the refrigerator is a standard white model. Bathrooms are described as 'updated.' Crucially, the property boasts a 'brand-new roof, copper plumbing, and central heating and cooling,' indicating major system replacements that meet current quality standards. The overall aesthetic in the images is fresh, modern, and move-in ready with no deferred maintenance visible. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, where all components are new or virtually new.
Pros & Cons

Pros

Extensive Modern Remodel: The property has undergone a beautiful and thoughtful remodel, featuring an elegant open layout, new flooring, crown molding, recessed lighting, a sleek kitchen with granite countertops and a large center island, and a granite-accented fireplace, offering contemporary style and a turnkey experience.
Key System Upgrades: Significant investments have been made in essential home systems, including a brand-new roof, updated copper plumbing, and central heating and cooling, providing year-round comfort and reducing immediate maintenance concerns for a buyer.
Spacious Living & Lot Size: Offering 4 spacious bedrooms and 3.5 updated bathrooms across 1,895 SF, combined with a generous 7,500 SF lot, the property provides ample indoor and outdoor living space suitable for families and entertaining.
Desirable Outdoor Amenities: The exterior boasts a spacious grassy yard and a concrete patio, creating excellent opportunities for outdoor relaxation, recreation, and entertaining.
Prime Location & Accessibility: Ideally situated in Downey with convenient access to shopping centers, dining, top-rated schools, parks, and major freeways (5, 605, 710, 105), ensuring excellent connectivity and convenience for residents.

Cons

Listing Price vs. Market Estimation: The current listing price is approximately 9% higher than the property's estimated market value, which could impact buyer perception and potentially necessitate price adjustments to align with market expectations.
Age of Original Construction: Despite extensive remodeling, the home's original build year of 1950 might raise concerns for some buyers regarding the underlying infrastructure not explicitly mentioned as upgraded, or simply a preference for newer construction.
Detached Garage: While providing secure parking, the detached two-car garage may offer less convenience and direct access to the home compared to an attached garage, which some buyers might prefer.

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