7853 Melva
Downey, CA, 90242
$935,000
MLS: DW26067674
Beds
3
Baths
2
Sq Ft
1,329
Lot
0.23 ac
Year Built
1949
MLS #
DW26067674
Days on Market
2
Listed
Apr 10, 2026
Description
POOL HOUSE Welcome to this Beautifully Single Family. Located in the desirable City of Downey 3 Bedrooms 2 Bathrooms Central Air and Heat Home is situated on a large 10,206 SF Lot Private lot with loan driveway 2 Car Detached Garage that can be converted into an ADU The backyard offers a private Pool perfect for all of your family gatherings, Conveniently located near to Parks, Schools, Restaurants Shopping and importantly, Freeway access.
Location
Downey, Los Angeles County, CA 90242
Open on Google Maps ↗Listed by: Rosario Cwirko · Supreme Realty
Payment estimate
$6,795
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $93,500 · Loan: $841,500
- Principal & Interest
- $5,170
- Property tax (1.25%)
- $974
- Homeowners insurance
- $300
- Mortgage insurance
- $351
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 $32,725 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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