9961 Richeon Ave
Downey, CA, 90240
(No pictures available yet)
$1,249,000
MLS: RS26059285
Beds
3
Baths
2
Sq Ft
1,842
Lot
0.16 ac
Year Built
1956
MLS #
RS26059285
Days on Market
15
Listed
Apr 24, 2026
Description
Step into a home that blends timeless character with thoughtful upgrades in one of the most desirable neighborhoods. Situated on a prominent corner lot, this 4-bedroom, 3-bathroom residence with an additional den offers a functional layout and inviting living spaces filled with natural light. The home showcase beautifully refurbished original flooring and classic wood accents that add warmth and charm throughout. A striking rock fireplace serves as a focal point in the living area, complemented by unique stone details that enhance the homes's character. The kitchen has been refreshed with updated counter-tops an new stove, creating a clean and functional space ready for everyday living. Recent improvements include new dual-pane windows, fresh interior and exterior paint, and newly built pool that transforms the backyard into a private outdoor retreat. While the yard is centered around the pool, it offers a low-maintenance setting perfect for relaxing or entertaining. Adding to the property's value is a newly constructed, fully permitted ADU ideal for extended living, guests, or additional income potential.with strong curb appeal, a desirable location, and a combination of original charm and modern updates, this home presents a unique opportunity to own in a well-established community.
Location
Downey, Los Angeles County, CA 90240
Open on Google Maps ↗Listed by: Carmen Granadeno · Nationwide Powerhouse Inc
Payment estimate
$9,182
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100
- Principal & Interest
- $7,112
- Property tax (1.25%)
- $1,301
- Homeowners insurance
- $300
- Mortgage insurance
- $468
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $43,715 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
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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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