Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCondominium

7033 Stewart And Gray

Downey, CA, 90241

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$429,000

MLS: DW26050024

Beds

2

Baths

2

Sq Ft

1,075

Lot

1.42 ac

Year Built

1973

MLS #

DW26050024

Days on Market

17

Listed

Mar 6, 2026

Description

Here is a great starter condominion property Located in the desirable City of Downey great for a first time buyer or as an investment. This condo consists of 2 bed 2 bath, 2 stories, Large Mater Bedroom with walk-in closet and master bath, Second bedroom has an enclosed patio can be use as study room, plenty of stoarge space, large open space in Livingroom and Dinning, Laundry room in kitchen area, 2 underground parking spaces, Well Secured Gated Community that offers a sparkling pool and a dedicated BBQ area for outdoor enjoyment. Overall a great property in great condition that is move-in ready, offering excellent FWY connectivity to Los Angeles and Orange County. This is a fantastic opportunity to own in a highly sought-after area.

Location

Downey, Los Angeles County, CA 90241

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Listed by: Joe Vivanco · Keller Williams SELA

Payment estimate

$3,280

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $42,900 · Loan: $386,100

%
Principal & Interest
$2,372
Property tax (1.25%)
$447
Homeowners insurance
$300
Mortgage insurance
$161
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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 $15,015 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.

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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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