7745 Coolgrove Drive
Downey, CA, 90240
$849,000
MLS: SB26064199
Beds
3
Baths
2
Sq Ft
1,472
Lot
0.14 ac
Year Built
1952
MLS #
SB26064199
Days on Market
3
Listed
Mar 27, 2026
Description
Opportunity knocks !! This 3 bedroom 2 bath home is waiting for its new owner to reimagine its glory days . Situated on a tree lined street in one of the best neighborhoods in North Downey . Just under 1500 square feet of living space on a 6,000 foot lot . Huge back yard , detached 2 car garage ,updated electrical panel , fire place hardwood floors . Needs paint and some TLC Near shopping and easy freeway access This won't last !
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Mike Baker · Estate Properties
Payment estimate
$6,198
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,695
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
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 $29,715 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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