7330 Quill 56
Downey, CA, 90242
$545,000
MLS: PW25272399
Beds
2
Baths
2
Sq Ft
1,003
Lot
9.95 ac
Year Built
1984
MLS #
PW25272399
Days on Market
78
Listed
Dec 8, 2025
Description
Park Meadow Community – Downey Beautiful 2 Bedroom | 2 Bathroom Condo offering a combined living/dining area, kitchen, private patio, two parking spaces and in-unit laundry hookups. Both bedrooms are upstairs, including a primary suite with a walk-in closet. Community amenities: pool/spa and well-maintained grounds. Conveniently located near shopping, golf courses, schools, parks, and major freeways. A great opportunity to own in a desirable Downey neighborhood. Don’t want to miss this one!
Location
Downey, Los Angeles County, CA 90242
Open on Google Maps ↗Listed by: Tim De Shazer · Beach Cities Properties, Inc.
Payment estimate
$4,086
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,500 · Loan: $490,500
- Principal & Interest
- $3,014
- Property tax (1.25%)
- $568
- Homeowners insurance
- $300
- Mortgage insurance
- $204
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 $19,075 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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