7354 Diamond Drive
Downey, CA, 90240
$785,990
MLS: OC25193612
Beds
3
Baths
4
Sq Ft
1,618
Lot
—
Year Built
2026
MLS #
OC25193612
Days on Market
223
Listed
Aug 27, 2025
Description
Tesoro Walk is a new gated community, located in the City of Downey, featuring 33 beautiful townhomes. This Emerald floorplan features a two-car side-by-side garage, and a spacious flex space with powder bath on the first level. That flex space makes for a perfect home office or workout space. The second floor is your main living level and features an incredible open kitchen, with an oversized island and walk-in pantry, a separate dining area and living room and an outdoor deck. On the upper level you'll find a conveniently located laundry room, your large primary suite with walk-in closet and two secondary bedrooms. This home features many upgrades and you'll still have a chance to customize your flooring selections.
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Brian Taylor · In Town Living, Inc.
Payment estimate
$5,760
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,599 · Loan: $707,391
- Principal & Interest
- $4,346
- Property tax (1.25%)
- $819
- Homeowners insurance
- $300
- Mortgage insurance
- $295
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 $27,510 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
See Downey, CA 90240 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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