9235 Gainford Street, Downey, California 90240, Downey, 90240 - 4 bed, 4 bath

9235 Gainford Street, Downey, California 90240 home-pic-0
ACTIVE$1,799,000
9235 Gainford Street, Downey, California 90240
4Beds
4Baths
3,200Sqft
10,392Lot
Year Built
1954
Close
-
List price
$1.8M
Original List price
$1.85M
Price/Sqft
$562
HOA
-
Days on market
-
Sold On
-
MLS number
DW25033383
Home ConditionExcellent
Features
Pool
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 48% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.80M(86th), sqft - 3200(81th), beds - 4(53th), baths - 4(72th).

Welcome to this exquisite move-in ready home located in prestigious Northeast Downey. This stunning property offers an impressive circular driveway and sits on an expansive and meticulously landscaped 10,389 SF lot, exuding unparalleled curb appeal in this quiet neighborhood. The 3,200 SF single-story traditional ranch house has been thoughtfully renovated by Adar Builders, a renowned construction company featured on HGTV. Upon entering, you will be greeted by a freshly painted exterior and interior, new double pane Milgard windows, and new contemporary fossilized bamboo hardwood flooring. The home boasts an oversized living room with a sunroom and floor-to-ceiling windows, highlighted by a beautiful stone fireplace. This entertainer's delight includes a spacious dining room to accommodate large gatherings, while the generous-sized family room features a built-in wet bar. The newly renovated gourmet kitchen is equipped with top-of-the-line stainless steel appliances, sleek quartz countertops, stylish stone backsplash, and ample storage space with new cabinets and a sizable pantry. Adjacent to the kitchen, a charming breakfast nook awaits, for relaxed morning meals. The primary suite is a true retreat, featuring bay windows overlooking the sparkling pool, a large walk-in closet, and a newly renovated bathroom with dual vanity sinks, as well as a separate tub and sit-in shower, providing a spa-like experience. The home also offers two additional well-appointed bedrooms with walk-in closets and another newly renovated contemporary style full bathroom, along with a formal entry. Other rooms include a spacious laundry room, updated powder room and an extra room with a closet. Outside you will find a backyard oasis boasting a glistening swimming pool and charming raised flower gardens, perfect for unwinding and relaxation. A covered BBQ area is ideal for hosting outdoor gatherings, and there is also a newly renovated guest house with a full bath. Additional features of this unique property include new dual central air and heat system, new water heaters, new electrical panel, and a spacious detached double garage. Located in a prime location with easy access to nearby shopping areas, restaurants, schools, parks, and major freeways such as the 5, 605, 710, and 105. This house has been home to generations of physicians and has its own special and welcoming charm. It must be seen in person to truly appreciate all it has to offer.

Condition Rating
Excellent

Despite being built in 1954, this property has undergone an extensive and thoughtful renovation by a renowned builder, as detailed in the listing. Key updates include a newly renovated gourmet kitchen with top-of-the-line stainless steel appliances, quartz countertops, and new cabinets, as well as newly renovated contemporary bathrooms with dual vanities and a separate tub/shower. The home also features new double-pane Milgard windows, new fossilized bamboo hardwood flooring, fresh paint throughout, a new dual central air and heat system, new water heaters, and a new electrical panel. A newly renovated guest house further adds to its modern appeal. All these elements indicate that the property's major components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Extensive High-Quality Renovation: The home has undergone a thoughtful and extensive renovation by a renowned builder (Adar Builders, featured on HGTV), including new windows, flooring, paint, dual central air/heat, water heaters, and electrical panel, ensuring a move-in ready condition with modern comforts.
Versatile Guest House: A newly renovated guest house with a full bath provides excellent flexibility for multi-generational living, rental income, or a dedicated workspace.
Expansive & Amenity-Rich Lot: Situated on a large, meticulously landscaped 10,389 SF lot featuring a circular driveway, sparkling swimming pool, raised flower gardens, and a covered BBQ area, ideal for outdoor living and entertaining.
Prime & Accessible Location: Located in prestigious Northeast Downey, offering a quiet neighborhood setting with convenient access to shopping, dining, schools, parks, and major freeways (5, 605, 710, 105).
Luxurious Interior Appointments: Features a newly renovated gourmet kitchen with top-of-the-line appliances and quartz countertops, a spacious primary suite with a spa-like bathroom, and generous living spaces including a wet bar and sunroom, catering to a high-end lifestyle.

Cons

Significant Price Discrepancy: The current listing price ($1.799M) is substantially higher than the property's estimated value ($920,800), indicating a potential overvaluation that could impact buyer interest and marketability.
Original Construction Age: Despite extensive renovations, the home's original construction year (1954) means the underlying structure is 70 years old, which may lead to concerns about unseen issues or the long-term integrity of non-renovated components for some buyers.
Limited View Appeal: While offering a pleasant 'Neighborhood' view, the property lacks more premium views such as city lights or panoramic vistas, which might be expected or desired by buyers in this luxury price segment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state