PendingSingleFamilyResidence

7214 Luxor Street

Downey, CA, 90241

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$1,214,900

MLS: PW25242079

Beds

3

Baths

2

Sq Ft

2,300

Lot

0.25 ac

Year Built

1945

MLS #

PW25242079

Days on Market

77

Listed

Oct 17, 2025

Description

PRICE REDUCED! Welcome to 7214 Luxor St, a beautifully maintained Downey home offering the perfect blend of space, comfort, and entertainment. This 3-bedroom, 2-bath residence spans approximately 2,300 sq. ft. and sits on a generous 10,738 sq. ft. lot. Enjoy California living at its best with a sparkling pool, spacious backyard ideal for gatherings, and convenient RV parking for your toys or travel trailer. Inside, you’ll find a bright, open floor plan with plenty of room to relax or host family and friends There is a loft upstairs that can be used as a tv room. 2 Car garage that can be converted into an ADU. Also behind garage is a storage room that can be converted into a jr ADU. Located in a quiet, desirable neighborhood near shopping, dining, and easy freeway access — this home truly has it all!

Location

Downey, Los Angeles County, CA 90241

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Listed by: Daniel Sandoval · The Vision Group RE Services

Payment estimate

$8,739

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $121,490 · Loan: $1,093,410

%
Principal & Interest
$6,718
Property tax (1.25%)
$1,266
Homeowners insurance
$300
Mortgage insurance
$456
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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 $42,522 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.

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