ActiveCondominium

11033 Old River School Road 8

Downey, CA, 90241

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$675,000

MLS: PW26077466

Beds

3

Baths

3

Sq Ft

1,433

Lot

0.73 ac

Year Built

1990

MLS #

PW26077466

Days on Market

1

Listed

Apr 11, 2026

Description

Welcome to this 3 level, 3 bedroom, 2.5 bathroom condo home with direct garage access and a bonus storage room for all your outdoor recreational storage. Brand new kitchen, bathrooms, flooring, paint, new tankless water heater, HVAC unit and stove. It is conveniently located in the heart of Downey close to major freeways, schools, shopping and restaurants. The living space is inviting and warm with a fireplace and balcony. Bedrooms are spacious and primary includes a full bathroom. This desirable community has extremely low turnover and is move in ready. What are you waiting for?

Location

Downey, Los Angeles County, CA 90241

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Listed by: Joi Kirkpatrick · T.N.G. Real Estate Consultants

Payment estimate

$4,989

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $67,500 · Loan: $607,500

%
Principal & Interest
$3,733
Property tax (1.25%)
$703
Homeowners insurance
$300
Mortgage insurance
$253
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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 $23,625 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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