6535 Downey
Long Beach, CA, 90805
$879,900
MLS: PW26116816
Beds
3
Baths
2
Sq Ft
1,082
Lot
0.14 ac
Year Built
1949
MLS #
PW26116816
Days on Market
14
Listed
May 29, 2026
Description
Welcome to 6535 Downey Avenue, a MULTI-generational and income producing opportunity located in the desirable Ramona Park neighborhood of Long Beach. Originally built in 1949 and updated in 2019, this versatile property offers comfort, flexibility, and incredible future potential. The front residence features 3 bedrooms, 2 full bathrooms, and approximately 1,082 square feet of open concept living space. Inside, you will find warm wood flooring, exposed beam ceilings, abundant natural light, fresh interior paint, and a spacious living and dining area designed for both everyday living and entertaining. The upgraded kitchen showcases granite countertops, tile backsplash, warm-neutral color custom cabinetry with lifetime warranty, stainless steel LG stove, and a convenient indoor laundry area. Adding even more value, the rear living quarters offers approximately 1,184 square feet (not reflecting on the main total sq. footage) and is currently configured as a 2 bedroom, 1 bathroom unit ideal for rental income, guest accommodations, or extended family living. Additional improvements include a newer roof completed in 2021, dual pane insulated windows installed in 2023, and water heaters updated in 2022. The private primary suite provides a comfortable retreat with its own ensuite bathroom, while the outdoor spaces offer plenty of room to relax, entertain, or create your dream backyard oasis. The property also includes previously approved plans for a future ADU conversion, presenting an incredible opportunity for investors and owner occupants seeking to maximize long term value and income potential. Situated near parks, schools, shopping, dining, hospitals, major freeways, and just a short drive to the beach, this exceptional property combines modern upgrades, flexible living, and outstanding investment potential all in one. A rare opportunity in Ramona Park with endless possibilities.
Location
Long Beach, Los Angeles County, CA 90805
Open on Google Maps ↗Listed by: Maria Chacon · Homify Realty and Mortgage
Payment estimate
$6,562
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $87,990 · Loan: $791,910
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,016
- Property tax (1.25%)
- $917
- Homeowners insurance
- $300
- Mortgage insurance
- $330
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 Long Beach home with as little as 3.5% down using an FHA loan — roughly $30,797 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
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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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