10736 La Reina Avenue
Downey, CA, 90241
$905,000
MLS: SW22123424
Beds
3
Baths
2
Sq Ft
1,424
Lot
0.17 ac
Year Built
1923
MLS #
SW22123424
Days on Market
9
Listed
Jun 28, 2022
Description
Welcome to Downey! Rare opportunity to own a one of a kind classic home, loaded with character. Beautiful historic architecture, situated on a large corner lot between 5th street and la Reina is great for those who want to be in walking distance to shopping, dining, entertainment and churches. Main home is upgraded and offers 3 bedrooms, 2 bathrooms, custom built fireplace, luxury vinyl plank that is over the original Pear Wood floors. Kitchen has SS appliances and upgraded countertops. Enjoy in door/outdoor entertaining in the dining room that has French doors leading to the patio. Check out the garage studio conversion with full bathroom and kitchenette. In addition there is a separate small cottage ADU with upgraded bathroom and new shower. New electrical and plumbing throughout the house! Backyard has a cellar off the back porch which was once used as a fruit cellar and separate grass areas and entrances for the additional studio’s. Perfect to live in the main home with the possibility of generating income. Don’t let this one get away!
Location
Downey, Los Angeles County, CA 90241
Open on Google Maps ↗Listed by: Heidi Bowser · Century 21 Award-Tem Redhawk
Payment estimate
$6,587
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $90,500 · Loan: $814,500
- Principal & Interest
- $5,004
- Property tax (1.25%)
- $943
- Homeowners insurance
- $300
- Mortgage insurance
- $339
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 $31,675 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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Local Market Stats
See Downey, CA 90241 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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