9530 Rives Avenue, Downey, California 90240, Downey, 90240 - 3 bed, 1 bath

9530 Rives Avenue, Downey, California 90240 home-pic-0

9530 Rives Avenue

Downey, California 90240

ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,312Sq Ft
6,170Lot Size

Property Price

LIST PRICE$875,000
EST. MARKET VALUE
$854,220

SUMMARY

Analysis of 9530 Rives Avenue, Downey, California 90240 reveals a Fairly Priced Property with a current list price of $875,000  aligned with the estimated $854,220 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Downey Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$854,220
Based on Realkey algorithm analyzing recent comparable sales in Downey.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
9530 Rives Avenue
Subject
$875,000*
List Price
311,312$651-
A
7811 Coolgrove Drive
Sold
$875,000321,488$5880.4 mi
B
8514 Smallwood Avenue
Sold
$750,000321,227$6110.8 mi
C
7214 Finevale Drive
Sold
$915,000321,287$7110.6 mi
D
9325 Downey Ave.
Sold
$883,000221,371$6440.6 mi
E
9533 Paramount Boulevard
Sold
$835,000311,243$6720.3 mi
F
8352 Otto Street
Sold
$1,120,000421,701$6580.7 mi
G
9357 Parrot
Pending
$870,000
List Price
321,501$5800.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is a well-maintained 1951 home that has undergone extensive recent cosmetic and functional updates, making it move-in ready. Key improvements include new laminate flooring, fresh interior and exterior paint, new light fixtures, and updated stainless steel kitchen appliances. While the home retains its original galley layout and a single bathroom, the addition of a brand-new ducting and heating system, along with new irrigation, elevates its condition above fair.

PROSSTRENGTHS & OPPORTUNITIES

  • Move-In Ready Condition

    The home features extensive recent updates, including fresh interior and exterior paint, new laminate flooring, and modern light fixtures, allowing for immediate occupancy without the need for initial renovations.

  • Upgraded Infrastructure

    Significant investments have been made in the property's core systems, including a brand-new ducting and heating system, central air conditioning, and a newly installed irrigation and drip system for the landscaping.

  • Prime Location

    Situated in the desirable Northwest Downey area, the property offers excellent proximity to major freeways (710, 5, 605, and 105), local golf courses, parks, and highly-rated schools.

CONSRISKS & DEFICIENCIES

  • Limited Bathroom Count

    With three bedrooms but only one full bathroom, the property may be less convenient for larger families and could face challenges in appraisal value compared to homes with a second bath.

  • Vintage Layout

    The 1951 construction features a traditional galley kitchen and a segmented floor plan that may feel less spacious or functional to buyers seeking a modern open-concept living area.

About 9530 Rives Avenue

9530 Rives Ave, Downey – Beautifully Updated and Move-In Ready Home! Welcome to this charming 3-bedroom, 1-bath home offering fresh updates and thoughtful improvements throughout. Enjoy fresh interior and exterior paint, beautiful laminate flooring, and new light fixtures that give the home a bright, modern feel. The expansive living room features a cozy fireplace and flows seamlessly to the patio and backyard, creating an ideal space for indoor-outdoor living. A charming dining area is highlighted by a brand-new hanging light fixture, perfect for everyday meals or entertaining. The galley kitchen offers recessed lighting, a new stainless steel stove and dishwasher, and a delightful vintage swing door that adds character. Just off the kitchen is a dedicated laundry room with washer and dryer hookups and ample cabinetry for storage. All bedrooms are generously sized with ample closet space, while the full bathroom features dual sinks. Additional upgrades include a brand-new ducting and heating system, ensuring comfort year-round. Step outside to a welcoming patio and newly landscaped yard, complete with new sprinkler and drip systems for easy maintenance. The front and sides of the home have also been upgraded with new irrigation systems and a timer for effortless care. The property includes central air and heat, a 2-car detached garage with a brand-new door, and a long driveway providing additional parking. Centrally located near golf courses, park, schools, shopping, restaurants, and grocery markets, this home offers easy access to the 710, 5, 605, and 105 freeways—convenient yet comfortably removed from the hustle and bustle. A wonderful opportunity to own a beautifully updated home in the heart of Downey. Some rooms have been virtually staged.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1951
Lot Size
6,170 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.02.0
17%
Square foot1,3121,652
25%
Lot Size6,1706,057.5
58%
Price$875.0K$879.0K
50%
Price per sq ft$667$506
78%
Built year19511952
47%
HOA$0$0
50%
Days on market52177
11%

Pricing History

Listed for Sale

Jan 13, 2026

$875,000

Initial Listing

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