8067 Otto
Downey, CA, 90240
$1,245,000
MLS: AR26079733
Beds
4
Baths
2
Sq Ft
2,057
Lot
0.18 ac
Year Built
1950
MLS #
AR26079733
Days on Market
0
Listed
Apr 19, 2026
Description
Welcome to this beautiful 4-bedroom, 2.5-bath pool home located on a quiet cul-de-sac in the desirable North Downey neighborhood. This light-filled home offers comfort, privacy, and great space for entertaining. Inside, you’ll find a bright formal living room that leads into a remodeled kitchen with quartz countertops, gray cabinets, stainless steel appliances, and a large island with seating. The kitchen opens to a cozy family room with a fireplace and French doors, creating a great indoor-outdoor flow. A sunroom overlooks the sparkling pool and spa, along with the BBQ entertaining area, making it the perfect spot to relax. The primary bedroom has direct access to the backyard and its own half bathroom. There are three additional bedrooms, a full bathroom with dual sinks, and a third bathroom with a shower that also works as a pool bath. The backyard is perfect for entertaining, featuring a sparkling pool and spa, BBQ area, outdoor bar, and plenty of space to enjoy. There’s also a detached 2-car garage and a long driveway for extra parking. Conveniently located near shopping, dining, and Porto's Bakery & Cafe, this home has everything you need.
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Margaret Sun · Coldwell Banker Envision
Payment estimate
$8,948
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,500 · Loan: $1,120,500
- Principal & Interest
- $6,885
- Property tax (1.25%)
- $1,297
- Homeowners insurance
- $300
- Mortgage insurance
- $467
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 $43,575 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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