$950,000
Original list price: $995,000
MLS: DW26174864
Beds
2
Baths
2
Sq Ft
1,296
Lot
0.20 ac
Year Built
1954
MLS #
DW26174864
Days on Market
25
Listed
Aug 11, 2026
Description
Room to grow! Spacious 2 bedroom, 2 bath home in North Downey with a 2 car detached garage and bonus room behind the garage. The interior has a spacious living room with fireplace and refinished hardwood floors, a dining room, kitchen, laundry room and one of the bedrooms has its own private bathroom. The house has been recently painted and the hardwood floors were refinished. The property has a large yard with covered patio and pavers in driveway. Centrally located near the 5 and 605 freeways and minutes from downtown Downey and other restaurants and shops.
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Michael Berdelis · 24 Hour Real Estate
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
$7,169
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
Average 30-yr fixed rate 6.71% as of Sep 3, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,523
- Property tax (1.25%)
- $990
- 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 Sep 3, 2026
- 30-year fixed
- 6.71%
- 15-year fixed
- 6.04%
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 $33,250 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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