$835,000
MLS: PW26207232
Beds
3
Baths
2
Sq Ft
1,585
Lot
0.15 ac
Year Built
1947
MLS #
PW26207232
Days on Market
2
Listed
Sep 23, 2026
Description
First time on the market in more than 55 years! Owned by the same family since 1969, this charming Downey property offers approximately 1,585 sq. ft. of total living area (seller) on a 6,391 sq. ft. lot. The main residence features 3 bedrooms, 1 bath and 1,095 sq. ft. Well cared for over the years, the home retains much of its original character, including beautiful hardwood floors, while offering central air conditioning and a kitchen that has been updated over the years with ample cabinet and counter space. The comfortable floor plan and light-filled living areas provide an excellent opportunity to move in and enjoy today while adding your own personal touches over time. A standout feature of the property is the detached rear living unit, which was already in place when the owner purchased the property in 1969. This versatile space features a spacious den/living area with its own entrance, fireplace, built-ins and wall heater, along with the laundry area and ¾ bathroom with shower. This additional space offers numerous possibilities for extended living, a home office, recreation room or other flexible use. The rear unit is included in the total square footage. The freshly painted exterior provides great curb appeal, while the spacious driveway leads to the detached garage and private backyard with plenty of room to enjoy and entertain. Conveniently located in an established Downey neighborhood near shopping, dining, schools and transportation, this longtime family home offers character, flexibility and a unique opportunity to make it your own.
Location
Downey, Los Angeles County, CA 90242
Open on Google Maps ↗Listed by: David Haub · CalTerra Partners
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,498
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $83,500 · Loan: $751,500
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,015
- Property tax (1.25%)
- $870
- Homeowners insurance
- $300
- Mortgage insurance
- $313
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $29,225 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 90242 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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