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7344 Diamond Drive, Downey, California 90240, Downey, 90240 - 3 bed, 4 bath

7344 Diamond Drive, Downey, California 90240 home-pic-0
ACTIVE$791,990
7344 Diamond Drive, Downey, California 90240
3Beds
4Baths
1,794Sqft
Lot
Year Built
2026
Close
-
List price
$792K
Original List price
$815K
Price/Sqft
$441
HOA
$345
Days on market
-
Sold On
-
MLS number
OC25193647
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $792.0K(67th), sqft - 1794(67th), beds - 3(50th), baths - 4(50th).

Tesoro Walk is a new gated community, located in the City of Downey, featuring 33 beautiful townhomes. This Topaz floorplan features a two-car garage, private enclosed patio that leads to your front door, a spacious entryway with a great flex space, and a large coat closet with extra room for storage on the first level. The second floor is your main living level and features a spacious kitchen with large eat-in island, an open living room, and a full bedroom with full bath. On the upper level you'll find a conveniently located laundry room, your large primary suite with walk-in closet and a secondary bedroom with private en-suite bath.

Price History

Date
Event
Price
11/22/25
Price Change
$791,990-4.1%
10/18/25
Price Change
$825,990+1.0%
09/20/25
Price Change
$817,990+0.4%
08/27/25
Listing
$814,990
Condition Rating
Excellent
This property is a brand-new construction, built in 2026, within a new gated community. All components, including the spacious kitchen with a large eat-in island and the multiple bathrooms (primary suite with walk-in closet, en-suite baths), are new, modern, and meet current quality standards. The images confirm contemporary design, new flooring, fixtures, and overall finishes, indicating no deferred maintenance or physical depreciation.
Pros & Cons

Pros

New Construction & Modern Design: As a 2026 build within a new community, the property offers contemporary design, brand-new features, and the benefits of modern construction standards.
Gated Community Living: Being part of the Tesoro Walk gated community provides enhanced security, privacy, and a sense of exclusivity for residents.
Functional Multi-Level Layout: The three-story floorplan includes a versatile flex space on the first level, a dedicated main living area on the second, and private bedrooms on the upper level, offering distinct zones for living and entertaining.
Desirable Kitchen & Bath Features: The spacious kitchen with a large eat-in island, along with a primary suite featuring a walk-in closet and a secondary bedroom with a private en-suite bath, caters to modern lifestyle preferences.
Private Outdoor Space & Parking: The inclusion of a private enclosed patio and a two-car garage adds significant convenience, outdoor enjoyment, and essential parking/storage for townhouse living.

Cons

Future Occupancy: With a 'Year Built: 2026' and 'on_market_date: 2025-08-27', this is a pre-sale or under-construction property, meaning buyers will need to wait for completion before moving in.
Recurring HOA Dues: A monthly association fee of $345.0 represents a significant recurring cost that needs to be factored into the overall budget for homeownership.
Multi-Level Living: The three-story layout, while offering distinct zones, may not appeal to all buyers, particularly those with mobility concerns or a preference for single-level living.

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