9602 Borson Street, Downey, California 90242, Downey, 90242 - 3 bed, 2 bath
Loading property details...
Downey, California 90242
This Value-Add Residential Asset is a Prime Investment Opportunity, listed at $825,000—positioned well below the $861,246 Fair Market Value by 4%. This valuation gap offers $36,246 in Instant Equity. The property holds a Condition Rating of 4, featuring a functional 1,641 sqft layout with an enclosed patio and private spa feature. Located on a quiet cul-de-sac within the top-tier Downey Unified School District, the 6,724 sqft lot provides significant upside through cosmetic modernization and system updates. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9602 Borson Street Subject | $825,000* List Price | 3 | 2 | 1,641 | $540 | - |
A 12752 Cowley Sold | $810,000 | 3 | 2 | 1,276 | $635 | 0.6 mi |
B 10285 E Belcher Sold | $645,000 | 4 | 2 | 1,331 | $485 | 0.8 mi |
C 13137 Faust Avenue Sold | $830,000 | 4 | 2 | 1,575 | $527 | 0.6 mi |
D 12650 Glenshire Active | $899,000 List Price | 3 | 2 | 1,496 | $601 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this property is in livable condition but shows clear signs of being outdated. The kitchen features older white appliances, dated dark cabinetry, and a vintage ceiling fan. While the bathroom has an updated vanity and granite countertop, the overall aesthetic across the home—including the original built-ins, flooring, and exterior features—suggests that most renovations occurred over 15 years ago. It requires cosmetic updates and likely system modernizations to meet current 'Good' or 'Excellent' standards.
Situated in the highly sought-after Southeast Downey area, this property offers a stable, family-oriented neighborhood environment with convenient access to local amenities.
The residence is located within the reputable Downey Unified School District, a significant draw for families that helps maintain long-term property value.
Featuring a 6,724 sqft lot and a functional 1,641 sqft floor plan, the property provides ample space for outdoor living, gardening, or potential future expansions.
Built in 1956, the home may require capital improvements to major systems such as plumbing, electrical, or roofing to meet contemporary building standards.
The property offers a standard neighborhood view, lacking the premium value associated with panoramic or unique vistas found in higher-elevation areas.
Home features 3 bedrooms, 2 baths plus a den which is currently being occupied as a bedroom. Enclosed patio, and a lovely water fountain feature in the back yard. Two car garage conversion without permits. Ample parking in driveway. House sits on a cul-de-sac. Great for entertaining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,641 | 1,314 | 72% |
| Lot Size | 6,724 | 5,708 | 68% |
| Price | $825.0K | $850.0K | 40% |
| Price per sq ft | $503 | $653 | 13% |
| Built year | 1956 | 1953 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 149 | 2% |
May 4, 2026
$825,000
Initial Listing
May 5, 2000
$191,000
Public Record