$949,500
MLS: DW26155882
Beds
3
Baths
2
Sq Ft
1,610
Lot
0.15 ac
Year Built
1952
MLS #
DW26155882
Days on Market
9
Listed
Jul 30, 2026
Description
Opportunity awaits in one of Downey’s most desirable neighborhoods! This 3-bedroom, 2-bath home offers approximately 1,610 square feet of living space on a spacious 6,527 square foot lot, creating endless possibilities for homeowners, investors, and multigenerational living. Enjoy your own private backyard with a refreshing pool that’s perfect for entertaining & relaxing. The converted garage offers excellent flexibility as a home office, gym, guest space, or can potentially be converted into an ADU (buyer to verify with the City of Downey). Conveniently located near shopping, dining, parks, schools, and major freeways, this property combines location, lifestyle, and future potential. Whether you’re looking to move right in, customize to your taste, or maximize the property’s value, this is an opportunity you won’t want to miss!
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Luther Sanchez · Century 21 Allstars
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
$7,154
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $94,950 · Loan: $854,550
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,509
- Property tax (1.25%)
- $989
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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 $33,233 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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