8431 Lexington
Downey, CA, 90241
$1,089,000
MLS: GD26180894
Beds
4
Baths
2
Sq Ft
1,945
Lot
0.13 ac
Year Built
1976
MLS #
GD26180894
Days on Market
8
Listed
Aug 27, 2026
Description
Welcome to a rare opportunity in one of Downey’s most prestigious neighborhoods, where pride of ownership, convenience, and comfort come together seamlessly. Profile shows it has 3 bedrooms but per seller, there are 4 bedrooms with closet. This beautifully maintained 4-bedroom, 2-bath home offers 1,945 sq.ft. of living space on a 5,500 sq.ft. lot, perfectly designed for both everyday living and memorable gatherings. Located in an excellent, highly sought-after area, the location is exceptional — just 0.8 miles from the 5 freeway and close to popular restaurants, markets, and conveniences that make daily life effortless. Inside, you’ll find a large living room with a classic fireplace, a spacious family room with a second fireplace, and a dedicated dining area ideal for hosting. The kitchen features sturdy cabinetry with granite countertops, offering durability and timeless appeal. Laminate flooring throughout adds a clean, cohesive look. The home is equipped with copper plumbing, side-by-side 2-car garage, and large windows plus a balcony that invite abundant natural sunlight into the space. Step outside to a low-maintenance backyard that feels like your own private oasis. A beautiful avocado tree creates a soothing, natural shade you’ll fall in love with instantly. The yard also includes grapefruit, guava, and kumquat trees—all yours to enjoy with family and friends, season after season. This is a home that offers comfort, charm, and an unbeatable location. Don’t miss your chance to make it yours.
Location
Downey, Los Angeles County, CA 90241
Open on Google Maps ↗Listed by: Yunhi Kim · Dream Realty La Crescenta
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
$8,383
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $108,900 · Loan: $980,100
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,540
- Property tax (1.25%)
- $1,134
- Homeowners insurance
- $300
- Mortgage insurance
- $408
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 $38,115 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 90241 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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