7316 Quill Drive 8, Downey, California 90242, Downey, 90242 - 2 bed, 1 bath

7316 Quill Drive 8, Downey, California 90242 home-pic-0
ACTIVE$495,000
7316 Quill Drive 8, Downey, California 90242
2Beds
1Bath
809Sqft
433,215Lot
Year Built
1984
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
$612
HOA
$470
Days on market
-
Sold On
-
MLS number
25627531
Home ConditionExcellent
Features
Good View: Golf Course
Deck
ViewGolf Course

About this home

We found 4 Cons,5 Pros. Rank: price - $495.0K(25th), sqft - 809(42th), beds - 2(50th), baths - 1(50th).

A Rare Find in Downey Where Modern Living Meets Long-Term Value . Welcome to 7316 Quill Dr #8, the BEST and most beautifully updated 2-bed, 1-bath residence in the highly desirable Park Meadows community. From the moment you step inside, you feel it: This isn't just a condo. This is comfort, style, and smart investing wrapped into one. A Fully Renovated Home That Feels Brand New. Every detail has been thoughtfully upgraded so you can move in and enjoy immediately: All new interior paint for a clean, bright, modern feel . All new stainless-steel appliances, including: New stove, New refrigerator, New microwave, New dishwasher, New In-unit washer & dryer a rare and incredibly valuable convenience. Brand-new farmhouse-style sink kitchen, redesigned with both charm and functionality with updated kitchen countertops. New bathroom sinks, including dual in the primary bedroom . Epoxy flooring on the outdoor patio for durability, comfort, and a polished finish. Assigned TWO covered parking spaces a major advantage in this community and in Downey. This home blends modern aesthetics with everyday practicality, perfect for first-time buyers, downsizers, or anyone who values turnkey living. Resort-Style Amenities at Your Doorstep, Park Meadows Community provides impressive lifestyle perks: Sparkling pool, Relaxing spa , spacious clubhouse for gatherings or celebrations. And for golf lovers? You're right across the street from the Los Amigos Golf Course one of Downey's most loved recreational treasures. Morning rounds, peaceful walks, and green scenery are literally steps away. Even better: This community is FHA-approved (expiring 02/24/26), opening the door to more affordable financing and lower down payment options. Location That Elevates your Investment Just 4 miles away, Downey is experiencing one of the biggest entertainment transformations in Southeast Los Angeles . The redevelopment of Stonewood Mall into a dynamic entertainment hub includes a Bowling & Arcade space moving into the former Sears, bringing:400+ arcade games , sports zone with trampolines, batting cages, and more. Plus, the new Kawaii Klaws arcade. This isn't just entertainment, It's economic momentum. Developments of this scale drive: Increased foot traffic, Stronger neighborhood desirability, Higher long-term home values. Homes near emerging lifestyle hubs consistently see appreciation and increase demand , and owning a fully upgraded corner unit in an established, FHA-approved community like Park Meadows positions you perfectly for future equity growth.

Nearby schools

7/10
Old River Elementary School
Public,4-50.6mi
6/10
Imperial Elementary School
Public,K-31.0mi
6/10
Williams Elementary School
Public,K-31.2mi
6/10
West Middle School
Public,6-80.6mi
7/10
Warren High School
Public,9-121.3mi

Price History

Date
Event
Price
12/10/25
Listing
$495,000
08/28/20
Sold
$365,000
01/10/17
Sold
$305,000
04/22/09
Sold
$157,000
09/21/01
Sold
$127,000
Condition Rating
Excellent

Despite being built in 1984, the property has undergone an extensive and recent renovation, making it feel brand new. The kitchen features all new stainless-steel appliances, modern white cabinetry, updated countertops, and a farmhouse-style sink. The bathroom boasts new dual sinks, modern black fixtures, a backlit LED mirror, and contemporary tiling. New LVP flooring, fresh paint, and modern light fixtures are present throughout, indicating a high-quality, comprehensive update that meets current standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Renovations: The property has been fully renovated with new interior paint, stainless-steel appliances, kitchen, bathroom sinks, and epoxy patio flooring, offering a modern, turnkey living experience.
FHA Approved Community: The community is FHA-approved until February 2026, which broadens the buyer pool by allowing for more affordable financing and lower down payment options.
Community Amenities: Residents have access to resort-style amenities including a sparkling pool, relaxing spa, and a spacious clubhouse, enhancing lifestyle and recreational opportunities.
Strategic Location & Investment Potential: Located across from Los Amigos Golf Course and near the redeveloping Stonewood Mall entertainment hub, the property is positioned for potential long-term value appreciation and increased neighborhood desirability.
Dedicated Covered Parking: The inclusion of two assigned covered parking spaces is a significant convenience and a valuable asset in a condominium community.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =433215, other record lot size in square feet = 433101.
Association Fee: The $470.0 monthly association fee adds a substantial recurring cost to homeownership, which can impact overall affordability and budget planning.
Compact Living Space: With 809 square feet, 2 bedrooms, and 1 bathroom, the property offers limited living space, which may not be suitable for buyers requiring more room or those with growing families.
FHA Approval Expiration: While currently FHA-approved, the approval expires in February 2026. Non-renewal could potentially limit future buyer financing options and impact resale value.

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