8502 Borson Street
Downey, CA, 90242
$860,000
MLS: CV26048305
Beds
3
Baths
2
Sq Ft
1,432
Lot
0.14 ac
Year Built
1949
MLS #
CV26048305
Days on Market
44
Listed
Mar 5, 2026
Description
Welcome to 8502 Borson st in Downey California located at the end of a cul-de-sac. With 3 bedrooms and 2 full bathrooms on a 6,291 sq ft lot (estimated). 1 bedroom features private Bathroom and side entrance. The kitchen features a island counter top, fireplace, and front yard view. Features a Family room adjacent to the kitchen with tile flooring and lots of natural light. The property features a 2 car garage, fruit trees, central heating and AC, complete with a enclosed patio.
Location
Downey, Los Angeles County, CA 90242
Open on Google Maps ↗Listed by: Marcus Lopez · EXCELLENCE RE REAL ESTATE
Payment estimate
$6,274
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $86,000 · Loan: $774,000
- Principal & Interest
- $4,756
- Property tax (1.25%)
- $896
- Homeowners insurance
- $300
- Mortgage insurance
- $323
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 $30,100 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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