8516 Lyndora
Downey, CA, 90242
$789,900
MLS: DW26009936
Beds
3
Baths
2
Sq Ft
1,441
Lot
0.12 ac
Year Built
1949
MLS #
DW26009936
Days on Market
86
Listed
Jan 14, 2026
Description
****** WOW!!!!!! Downey Opportunity – Now $789,900 | Value & Potential ****** Exceptional opportunity in Downey! This single-story home offers 3 bedrooms and 2 bathrooms with approximately 1,441 sq ft of living space situated on a 5,300 sq ft lot on a quiet pride-of-ownership street. The home features a functional floor plan, spacious living areas, and a kitchen that was upgraded approximately 5 years ago. A bonus!!, the den has been converted into a 4th bedroom, offering flexible living space for guests, a home office, or extended family. Major system updates including plumbing, electrical, roof, and rain gutters provide a solid foundation for future improvements. With the right vision, this property presents an excellent opportunity to personalize, renovate, or add value in a highly desirable Downey neighborhood. Conveniently located near schools, parks, shopping, dining, and freeway access.
Location
Downey, Los Angeles County, CA 90242
Open on Google Maps ↗Listed by: Oracio Carrillo · Supreme Realty
Payment estimate
$5,787
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,990 · Loan: $710,910
- Principal & Interest
- $4,368
- Property tax (1.25%)
- $823
- Homeowners insurance
- $300
- Mortgage insurance
- $296
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 $27,647 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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