9254 Appleby Street, Downey, California 90240, Downey, 90240 - 4 bed, 3 bath

9254 Appleby Street, Downey, California 90240 home-pic-0
ACTIVE$1,249,950
9254 Appleby Street, Downey, California 90240
4Beds
3Baths
2,300Sqft
7,671Lot
Year Built
1951
Close
-
List price
$1.25M
Original List price
$1.29M
Price/Sqft
$543
HOA
-
Days on market
-
Sold On
-
MLS number
DW24186262
Home ConditionGood
Features
Good View: Pool
Pool
Patio
ViewPool

About this home

Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(64th), sqft - 2300(67th), beds - 4(53th), baths - 3(50th).

Welcome to this delightful 3-bedroom, 2-bathroom home nestled in the northeast part of Downey. The residence offers a spacious and inviting layout ideal for both relaxing and entertaining. As you enter and to the left you step into a serene office/retreat that leads to the primary bedroom with wall-to-wall closet and its own en-suite bathroom. There are two additional bedrooms on the other side that ensures plenty of space for family and guests. Once through the entry, you’ll be greeted by a spacious formal dining room that sets the tone for elegant gatherings and then into the large family room with vaulted ceilings, fireplace and French doors overlooking the pool that provides a cozy space for everyday living. The expansive kitchen with a central island is a culinary enthusiast's dream, featuring ample counter space, cabinet space, and built-in appliances. Step outside to discover your private oasis -- a generously sized pool perfect for summer fun and relaxation. Adjacent to the pool area and attached to the 2 car detached garage, a versatile bonus room with a bathroom and laundry facilities offers additional space for a home office, guest suite, or recreational area. The front of the home has lush mature landscaping and the driveway is gated for extra privacy.

Condition Rating
Good

The property, built in 1951, is move-in ready and well-maintained. The kitchen features a central island, ample counter space, and built-in stainless steel appliances, suggesting a significant update likely within the last 10-15 years. While clean and functional, the bathrooms appear to be older updates, possibly 15-25 years old, showing some signs of being dated in style but not requiring immediate renovation. The overall condition, including flooring and light fixtures, indicates a property that has been regularly maintained and updated in key areas, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years for major components, even if not every element is brand new.
Pros & Cons

Pros

Private Outdoor Oasis: The property features a generously sized pool, lush mature landscaping, and a gated driveway, creating a private and inviting outdoor space perfect for relaxation and entertaining.
Versatile Bonus Space: A valuable bonus room with a bathroom and laundry facilities, attached to the detached 2-car garage, offers flexible additional space for a home office, guest suite, or recreational area.
Updated Kitchen: The expansive kitchen, described as a 'culinary enthusiast's dream,' boasts a central island, ample counter and cabinet space, and built-in appliances, suggesting modern functionality and appeal.
Spacious & Functional Layout: The home offers a spacious and inviting layout, including a formal dining room, a large family room with vaulted ceilings and a fireplace, and a well-separated primary suite with an en-suite bathroom.
Desirable Location: Nestled in the sought-after northeast part of Downey (MLS Area D1), the property benefits from a desirable neighborhood location.

Cons

Significant Overpricing: The current listing price of $1,249,950 is substantially higher than the estimated property value of $746,663, indicating a potential overvaluation of approximately 40% compared to automated valuations and recent comparable sales.
Age of Property & Potential for Further Updates: Built in 1951, while the kitchen appears updated, the description does not explicitly mention comprehensive updates to other major systems (e.g., HVAC, plumbing, electrical) or all bathrooms, which may require future investment from a buyer.
Extended Time on Market: With an on-market date of September 7, 2024, and a modified timestamp of April 24, 2025, the property has been on the market for over seven months, which could suggest pricing issues or other challenges in attracting offers.

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