PendingCondominium

7033 Stewart And Gray Road 6

Downey, CA, 90241

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$525,000

MLS: DW26079139

Beds

3

Baths

2

Sq Ft

1,285

Lot

1.42 ac

Year Built

1973

MLS #

DW26079139

Days on Market

8

Listed

Apr 14, 2026

Description

Best priced condo in town!!! A rare 3 bedroom, 2 bathroom end-unit Downey condo with its own patio and 2 car subterranean parking spaces. The 2-story condo has a spacious living room overlooking the patio, kitchen with laundry hook-ups, an upstairs balcony off one of the secondary bedrooms, and a primary bedroom with an extra office/retreat area, private bathroom and large closet. The gated community has its own association pool, patio/sitting area and grass area too.

Location

Downey, Los Angeles County, CA 90241

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Listed by: Michael Berdelis · 24 Hour Real Estate

Payment estimate

$3,947

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500

%
Principal & Interest
$2,903
Property tax (1.25%)
$547
Homeowners insurance
$300
Mortgage insurance
$197
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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 $18,375 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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