
Downey, California 90240
This 5-bedroom Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $950,000—positioned well below the $973,092 Fair Market Value by 2%. This valuation gap provides $23,092 in Instant Equity. While the home maintains a Fair Condition Rating due to its 1957 vintage, the Large 7,251 sqft Lot and Downey Unified School District location offer significant long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, value-add asset in a prime neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9307 Hasty Ave Subject | $950,000* List Price | 5 | 3 | 1,747 | $557 | - |
A 9221 Pico Vista Sold | $940,000 | 3 | 2 | 1,721 | $546 | 0.4 mi |
B 8614 Lubec Sold | $1,115,000 | 3 | 2 | 1,715 | $650 | 0.8 mi |
C 9155 Arrington Avenue Sold | $1,000,000 | 3 | 2 | 1,525 | $656 | 0.6 mi |
D 9321 Sideview Active | $979,000 List Price | 4 | 2 | 2,093 | $468 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is well-maintained with clear pride of ownership, but the age (>60 years) and lack of mentioned recent renovations suggest dated interiors and systems. The visible window AC unit indicates a lack of modern central HVAC, placing it in the Fair category as it likely needs minor repairs and cosmetic updates to kitchens and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7251, living area = 1747.
Featuring 5 bedrooms and 3 bathrooms, this home provides rare flexibility and ample space for large or multi-generational families within this price point.
Situated in the highly desirable 90240 zip code of Northeast Downey, the property is located in a prestigious neighborhood served by the reputable Downey Unified School District.
With 5 bedrooms packed into 1,747 square feet, the individual room sizes are likely compact, which may result in a more segmented and less open living environment.
Built in 1957, the home may require capital improvements or modernization of major systems and interior finishes to meet contemporary energy and aesthetic standards.
First showing September 14th. Pride of ownership shines throughout this well-maintained Downey home! Featuring 5 bedrooms and 3 bathrooms, this property offers generous living space and flexibility for a growing household. Situated on a large lot, the home features a spacious driveway with plenty of parking for multiple vehicles. Beautifully maintained landscaping and inviting curb appeal to reflect the care and attention this property has received over the years. Conveniently located in the desirable Downey 90240 area, this is a wonderful opportunity to own a spacious and truly cared-for home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,747 | 1,517.386 |
| Lot Size | 7,251 | 7,116.561 |
| Price | $950.0K | $940.6K |
| Price per sq ft | $544 | $631 |
| Built year | 1957 | 1952 |
| HOA | $0 | $300 |
| Days on market | 5 | 52 |
Sep 4, 2026
$950,000
Initial Listing