9123 Lubec
Downey, CA, 90240
$1,090,000
MLS: DW26079612
Beds
3
Baths
3
Sq Ft
2,251
Lot
0.23 ac
Year Built
1954
MLS #
DW26079612
Days on Market
8
Listed
Apr 13, 2026
Description
Great Opportunity with Endless Potential! This 3-bedrooms, 3 baths home offers generous square footage and sits on a highly desirable 10,041 sq.ft. lot. The property is in need of upgrades and remodeling, making it an ideal opportunity for buyers with vision who are ready to invest time and resources to create their dream home. This property also features an extended two-car garage, a wide driveway, and abundant parking space - ideal for multiple vehicles or added convenience. Bring your ideas and transform this home into something truly special!
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Maria Cotaya · Sunrise Realty & Home Loan
Payment estimate
$7,872
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,000 · Loan: $981,000
- Principal & Interest
- $6,027
- Property tax (1.25%)
- $1,135
- Homeowners insurance
- $300
- Mortgage insurance
- $409
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 $38,150 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.
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