10531 Dolan
Downey, CA, 90241
$888,000
MLS: TR26067011
Beds
3
Baths
2
Sq Ft
1,410
Lot
0.17 ac
Year Built
1932
MLS #
TR26067011
Days on Market
7
Listed
Apr 6, 2026
Description
Located in the desirable Cherokee Estates, this single-family home sits in a well-established neighborhood surrounded by larger residences, offering an excellent opportunity for both comfortable living and long-term value. The home features 3 bedrooms and 1.5 bathrooms, a living room with fireplace, and a formal dining area. The kitchen includes modern shaker cabinets, granite countertops, an over-the-stove microwave with vent, dishwasher, and a breakfast nook. All bedrooms offer hardwood flooring and ceiling fans. Fresh interior paint creates a clean, move-in ready feel, complemented by an upgraded electrical system. An oversized detached 1-car garage with a roll-up door includes washer and dryer hookups, along with a long driveway for additional parking. A bonus room adjacent to the garage offers flexible use for an office, gym, or entertainment space. The spacious yard with mature fruit trees adds to the home’s everyday appeal.
Location
Downey, Los Angeles County, CA 90241
Open on Google Maps ↗Listed by: Anna Yang · New Star Realty & Inv.
Payment estimate
$6,468
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $88,800 · Loan: $799,200
- Principal & Interest
- $4,910
- Property tax (1.25%)
- $925
- Homeowners insurance
- $300
- Mortgage insurance
- $333
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Downey home with as little as 3.5% down using an FHA loan — roughly $31,080 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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