9961 Richeon Ave, Downey, California 90240, Downey, 90240 - 3 bed, 2 bath
Loading property details...
Downey, California 90240
This Turnkey Multi-Generational Residence is listed at $1,249,000, representing a stable market entry for its premium features relative to the $1,140,764 Fair Market Value. Boasting a Condition Rating of 3, the property features a newly constructed permitted ADU and a private backyard pool, offering immediate lifestyle luxury and rental potential. Situated on a prominent corner lot within the Downey Unified School District, the home blends mid-century character with modern dual-pane windows and fresh paint. This sanctuary is an ideal match for multi-generational families or Owner-Occupants seeking a polished, move-in-ready estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9961 Richeon Ave Subject | $1,249,000* List Price | 3 | 2 | 1,575 | $733 | - |
A 9530 Rives Avenue Sold | $882,000 | 3 | 1 | 1,312 | $672 | 0.4 mi |
B 7745 Coolgrove Drive Sold | $875,000 | 3 | 2 | 1,472 | $594 | 0.8 mi |
C 7310 Bluff Sold | $975,000 | 3 | 2 | 1,452 | $671 | 0.9 mi |
D 8362 Lubec Sold | $1,175,000 | 3 | 3 | 1,938 | $606 | 0.9 mi |
E 8352 Otto Street Sold | $1,120,000 | 4 | 2 | 1,701 | $658 | 0.8 mi |
F 9325 Downey Ave. Sold | $883,000 | 2 | 2 | 1,371 | $644 | 0.9 mi |
G 9839 Pomering Active | $1,250,000 List Price | 3 | 2 | 1,599 | $782 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1956 but features significant recent upgrades including a newly constructed ADU, new pool, dual-pane windows, and fresh paint. The kitchen is refreshed with new countertops and appliances, and original hardwood floors have been refurbished, making the home well-maintained and move-in ready.
The newly constructed, fully permitted ADU adds significant market value and versatility, providing an excellent opportunity for rental income or multi-generational living.
Extensive recent upgrades, including a newly built pool, dual-pane windows, and fresh interior/exterior paint, offer buyers a move-in-ready experience with reduced immediate maintenance costs.
Situated on a prominent corner lot in a highly desirable Downey neighborhood, the property benefits from enhanced curb appeal and increased natural light throughout the home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1575, other record living area = 1842.
While the new pool is a luxury feature, it occupies most of the backyard, leaving minimal green space or traditional lawn for pets and play.
At 1,575 square feet, the layout may feel somewhat constrained when accommodating the four bedrooms and den mentioned, potentially resulting in smaller individual room sizes.
Step into a home that blends timeless character with thoughtful upgrades in one of the most desirable neighborhoods. Situated on a prominent corner lot, this 4-bedroom, 3-bathroom residence with an additional den offers a functional layout and inviting living spaces filled with natural light. The home showcase beautifully refurbished original flooring and classic wood accents that add warmth and charm throughout. A striking rock fireplace serves as a focal point in the living area, complemented by unique stone details that enhance the homes's character. The kitchen has been refreshed with updated counter-tops an new stove, creating a clean and functional space ready for everyday living. Recent improvements include new dual-pane windows, fresh interior and exterior paint, and newly built pool that transforms the backyard into a private outdoor retreat. While the yard is centered around the pool, it offers a low-maintenance setting perfect for relaxing or entertaining. Adding to the property's value is a newly constructed, fully permitted ADU ideal for extended living, guests, or additional income potential.with strong curb appeal, a desirable location, and a combination of original charm and modern updates, this home presents a unique opportunity to own in a well-established community.
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 | 1,575 | 1,865 | 37% |
| Lot Size | 6,860 | 7,430 | 49% |
| Price | $1.25M | $975.0K | 72% |
| Price per sq ft | $793 | $540 | 93% |
| Built year | 1956 | 1952 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 140 | 7% |
Apr 24, 2026
$1,249,000
Initial Listing
Feb 27, 2024
$860,000
Public Record