8353 Gainford
Downey, CA, 90240
$1,899,000
MLS: HD26117315
Beds
6
Baths
5
Sq Ft
3,934
Lot
0.14 ac
Year Built
1950
MLS #
HD26117315
Days on Market
14
Listed
May 29, 2026
Description
Sprawling multi-generational luxury in Prime North Downey! This stunning estate perfectly blends architectural elegance with modern functionality. Inside, soaring vaulted ceilings and abundant natural light welcome you into an expansive formal living and dining area. The chef-inspired kitchen transitions seamlessly into the living spaces, creating an ideal layout for entertaining. The highly desirable main floor features a private guest bedroom and bathroom, plus a massive bonus: a fully private back suite equipped with its own kitchenette and separate entrance—perfect for extended family, rental income, or a private home office. Upstairs reveals four bedrooms, highlighted by a luxurious primary room featuring a walk-in closet and a spa-like ensuite with a jetted tub and separate shower. Home includes dual-zone central HVAC, an energy-efficient tankless water heater, and a whole-house water softener. Superbly located with rapid access to the 5 and 605 freeways, and just minutes from the premier dining, shopping, and entertainment of Downtown Downey.
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Anil Srivastava · Guru Financial
Payment estimate
$13,815
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $189,900 · Loan: $1,709,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,825
- Property tax (1.25%)
- $1,978
- Homeowners insurance
- $300
- Mortgage insurance
- $712
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $66,465 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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