9315 Parrot, Downey, California 90240, Downey, 90240 - 4 bed, 3 bath
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Downey, California 90240
This Versatile Multi-Generational Residence is a Prime Investment Opportunity, listed at $1,150,000—positioned well below the $1,184,856 Fair Market Value by 2%. This valuation gap offers $34,856 in Instant Equity for incoming buyers. The property features a remodeled kitchen, sparkling pool, and a unique two-bedroom garage conversion with its own kitchen and bathroom. Boasting a Condition Score of 3 and situated in the Downey Unified School District, this home is an ideal "house-hack" for Multi-Generational Families or Owner-Occupants seeking rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9315 Parrot Subject | $1,150,000* List Price | 4 | 3 | 2,169 | $546 | - |
A 8713 Samoline Sold | $1,140,000 | 4 | 3 | 2,243 | $508 | 0.5 mi |
B 9634 Julius Sold | $885,000 | 4 | 2 | 1,998 | $443 | 0.6 mi |
C 8322 Vista Del Rosa Street Sold | $975,000 | 5 | 3 | 1,950 | $500 | 0.5 mi |
D 8620 Lubec Street Sold | $990,000 | 3 | 2 | 1,850 | $535 | 0.8 mi |
E 7421 Ivo Street Sold | $1,075,000 | 4 | 2 | 2,122 | $507 | 0.7 mi |
F 9357 Parrot Sold | $870,000 | 3 | 2 | 1,501 | $580 | 0.1 mi |
G 8067 Otto Active | $1,300,000 List Price | 4 | 2 | 2,057 | $632 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a recently remodeled kitchen with modern cabinetry and stone countertops. While the 1950s construction is evident in some dated bathroom fixtures and the use of window AC units, the overall interior has been well-maintained with updated laminate flooring and a functional garage conversion that adds significant value.
The property features a versatile garage conversion with two bedrooms, a kitchen, and a private bathroom, offering exceptional flexibility for extended family or potential rental income.
The private backyard is designed for a premium lifestyle, featuring a sparkling pool and a built-in BBQ island, perfect for hosting large gatherings.
The main residence boasts a recently remodeled kitchen and an open-concept floor plan that seamlessly connects the interior living spaces to the outdoor retreat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The conversion of the garage into living space means the property lacks traditional covered parking or enclosed storage, which may be a drawback for some buyers.
Built in 1950, the home may have older underlying systems that require more frequent maintenance compared to newer constructions, despite the cosmetic upgrades.
Welcome to 9315 Parrot, a beautifully designed home offering exceptional flexibility for multi-generational living. A standout feature of this property is the converted garage, thoughtfully transformed into a two-bedroom living space complete with its own kitchen, living area, and private bathroom—ideal for extended family, guests, or a variety of living arrangements. This space can also be reimagined to suit your needs. The main residence offers the perfect blend of modern comfort and outdoor living, featuring 4 bedrooms and 2 bathrooms in a spacious and functional layout. Step inside to an inviting open living space centered around a recently remodeled kitchen, seamlessly connecting the living and dining areas. These spaces flow effortlessly to the private backyard, creating an ideal setting for both everyday living and entertaining. Enjoy sunny afternoons by the sparkling pool or host gatherings around the built-in BBQ island, designed for outdoor dining and memorable moments. The spacious primary suite provides a peaceful retreat with an en-suite bathroom, offering a comfortable place to unwind. Three additional well-sized bedrooms provide ample space for family or guests. Situated in a quiet, tree-lined neighborhood, this home offers a sense of privacy while remaining conveniently close to parks, shopping, freeway and everyday amenities. Combining versatility, comfort, and lifestyle, 9315 Parrot presents a unique opportunity to own a home that truly adapts to your needs. Don’t miss the opportunity to own this beautiful home that offers both style and function. Schedule a tour today and make 9315 Parrot your forever home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 2,169 | 1,701 | 69% |
| Lot Size | 7,944 | 6,792 | 63% |
| Price | $1.15M | $905.0K | 71% |
| Price per sq ft | $530 | $535 | 46% |
| Built year | 1950 | 1951 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 121 | 3% |
Apr 10, 2026
$1,150,000
Initial Listing
Dec 21, 2006
$785,000
Public Record
Jun 18, 1997
$320,000
Public Record