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INCREDIBLE VALUE-ADD OPPORTUNITY IN NORTH DOWNEY. Spacious 3043 sq ft home on a large 8614 sq ft. corner lot. Property features a living room with fireplace, step-down family room, office/den, formal dining area, large laundry room, and inside storage room. Downstairs are a master suite with ensuite bathroom, 2 additional bedrooms, and 2 additional bathrooms. Upstairs are 2 more bedrooms and a shared hallway bathroom. Property also has a long gated driveway, a 2-car detached garage, newer electrical panel, newer water heater, and 2 newer AC condensers. Located in Downey s premier neighborhood and zip code of 90240 this home is walking distance to Gallatin Elementary School and a short walk to the new Downey Crossroads and The Commons at Gallatin Rd. retail centers. You will never need a car since Ralphs, Planet Fitness, plenty of restaurants (including Chris and Pitts), and public transportation lines are all within walking distance. For commuters there is a Tesla Supercharging station at The Commons, and 5/605/710/105 freeways are all just minutes away. USE YOUR IMAGINATION and transform this into your FOREVER home. Property needs work and is sold AS-IS. Cash, hard money, or renovation financing offers only. Buyers to verify square footage, permits, and future expansion feasibility and building requirements directly with the city.
Listing agent: Caroline Gim DRE #01366389 resteam@expertrei.com, Listing office: Expert Real Estate
MLS data updated 11/2/2026, 7:41:14 AM PT
Source: CRMLS, MLS #: PW19246661
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 3, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90240 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.