Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

7820 Springer St

Downey, CA, 90242

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$839,900

MLS: DW23143283

Beds

3

Baths

2

Sq Ft

1,361

Lot

0.17 ac

Year Built

1940

MLS #

DW23143283

Days on Market

8

Listed

Aug 2, 2023

Description

This great single-story home offers a perfect combination of comfort and style. As you enter through the door you'll be greeted by an inviting ambiance created by the spacious Living room. The partially open floor plan creates an airy and spacious atmosphere, accentuated by the abundance of natural light that filters through the dual pane windows and custom built-in shutters. The recently remodeled kitchen is a true delight, featuring Quartz countertops, plenty of cabinets and a center island with vaulted ceilings. The primary bedroom located at the back of the home boasts a cozy fireplace, perfect for chilly evenings, and a sliding door that provides easy access to the outside, extending your living space to the tranquil outdoors. The primary bedroom offers a Walk-In Closet and a Full bathroom, providing convenience and privacy. Additionally, there are two more bedrooms on the frontside of the home. Both bathrooms were also recently remodeled. Outside, the property boasts a spacious yard with many trees, playground set and a storage shed. This area offers a wonderful opportunity for relaxation, gardening, or entertaining, creating a perfect balance between nature and modern living. A Two-car attached garage providing direct access to the home was completely drywalled with required City Permits. This property is a true gem waiting to be discovered by its lucky new owners.

Location

Downey, Los Angeles County, CA 90242

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Listed by: Fernando Buenabad · 24 Hour Real Estate

Payment estimate

$6,134

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $83,990 · Loan: $755,910

%
Principal & Interest
$4,644
Property tax (1.25%)
$875
Homeowners insurance
$300
Mortgage insurance
$315
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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 $29,397 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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