8708 Cherokee
Downey, CA, 90241
$998,999
Original list price: $1,050,000
MLS: PW26113710
Beds
3
Baths
2
Sq Ft
1,697
Lot
0.14 ac
Year Built
1949
MLS #
PW26113710
Days on Market
53
Listed
Jun 16, 2026
Description
Location!!! Location!!! Location. Welcome to Cherokee Estates!!!this charming home nestled in one of Downey’s most desirable neighborhoods. Featuring 3 spacious bedrooms and 2 bathrooms, living room, dining room. This home offers 1,697 square feet of comfortable living space. Large windows throughout the house provide an abundance of natural light, creating a bright and inviting atmosphere. Sitting on a generous 5,973 square foot lot, there’s plenty of room for outdoor entertaining, or gardening. This sweet home is a fantastic opportunity to add your personal touch and increase value. Don’t miss your chance to own a home in a prime location with so much potential. Only a few blocks from the Downey shopping center, Banks, schools, and short distance from 5 and 605 Fwy. Ready for your enjoyment and entertaining. The sparkling pool is ready for the summer party. Do not miss this opportunity. More Pictures are going to be add this week.
Location
Downey, Los Angeles County, CA 90241
Open on Google Maps ↗Listed by: Arnie Medrano · Circa Properties, Inc.
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
$7,511
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,099
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,796
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $34,965 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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