7033 Stewart And Gray Road 24
Downey, CA, 90241
$519,900
MLS: CV25272991
Beds
2
Baths
2
Sq Ft
1,075
Lot
1.42 ac
Year Built
1973
MLS #
CV25272991
Days on Market
109
Listed
Dec 8, 2025
Description
Welcome to one of the most desirable communities in Downey. This well-maintained two-bedroom, two-bathroom condo within a gated complex offers a blend of comfort, style, and convenience. The interior features elegant granite countertops, new kitchen cabinets, new laminate flooring throughout, and updated bathrooms. The spacious second-floor owner’s suite provides added privacy and includes thoughtful upgrades that enhance the living experience. The community offers a sparkling pool and a dedicated BBQ area for outdoor enjoyment. Additional features include two secured underground parking spaces. Located in the heart of Downey, this home provides convenient access to nearby dining, shopping, parks, and major freeways, offering excellent connectivity throughout 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
Open on Google Maps ↗Listed by: Richard Starr · SECURITY FINANCIAL REAL ESTATE
Payment estimate
$3,911
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $51,990 · Loan: $467,910
- Principal & Interest
- $2,875
- Property tax (1.25%)
- $542
- Homeowners insurance
- $300
- Mortgage insurance
- $195
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 $18,197 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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