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ActiveSingleFamilyResidence

12301 Rives Avenue

Downey, CA, 90242

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$875,000

Original list price: $975,000

MLS: PW26109122

Beds

3

Baths

2

Sq Ft

1,124

Lot

0.15 ac

Year Built

1941

MLS #

PW26109122

Days on Market

75

Listed

May 19, 2026

Description

Welcome to 12301 Rives Avenue, a beautifully maintained home nestled in the heart of Downey that perfectly blends comfort, style, and functionality. The interior has undergone a complete make-ready, offering a fresh, move-in-ready living space with thoughtful updates throughout. Highlights include central air conditioning, dual-pane windows, durable luxury vinyl flooring, and a well-appointed updated kitchen featuring stainless steel appliances and a professional-grade range—perfect for everyday living and entertaining. The versatile third bedroom features sliding pocket doors, providing the flexibility to serve as a private bedroom, home office, den, or additional living space to fit your needs. Step outside to an inviting backyard designed for year-round enjoyment. The newly installed sod lawn, automatic sprinkler system, and impressive BBQ and entertainment area create the ideal setting for hosting family and friends or simply relaxing outdoors. The detached garage adds even more functionality with a dedicated laundry area complete with a utility sink and built-in storage, providing plenty of space for organization and convenience. Ideally located in one of Downey's desirable neighborhoods, this home offers easy access to shopping, dining, parks, schools, and major freeways. With its fresh interior, versatile floor plan, beautifully updated outdoor space, and exceptional amenities, 12301 Rives Avenue is truly move-in ready and waiting to welcome you home.

Location

Downey, Los Angeles County, CA 90242

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Listed by: Daniel Casado · Casado Real Estate Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$6,600

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $87,500 · Loan: $787,500

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,061
Property tax (1.25%)
$911
Homeowners insurance
$300
Mortgage insurance
$328
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $30,625 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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Active and pending listings in ZIP 90242 (Downey)within ±10% of this home's price and size.

Local Market Stats

See Downey, CA 90242 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.