PendingTownhouse

7354 Diamond Drive

Downey, CA, 90240

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$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

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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
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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

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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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