Downey Homes under $1.5 million

Welcome to Downey, California – a vibrant city nestled in the heart of Los Angeles County, where suburban charm meets urban convenience. Known for its rich history and diverse community, Downey offers a unique blend of cultural experiences, recreational opportunities, and a strong sense of belonging. With its roots tracing back to the early 1900s, this city has evolved into a thriving hub for families, professionals, and retirees alike.

Downey is renowned for its excellent schools, beautiful parks, and a variety of dining and shopping options. The city boasts a warm, Mediterranean climate, making it a perfect place to enjoy outdoor activities year-round. From the historic Downey Theatre to the expansive Downey Landing shopping center, residents have access to an array of entertainment and leisure options that cater to every lifestyle.

For those looking to invest in their dream home, Downey offers an impressive selection of properties under $1.5 million. Whether you’re seeking a cozy single-family home, a modern townhouse, or a spacious multi-family unit, you’ll find a range of options that fit your needs and budget. Many of these homes feature charming architectural details, lush gardens, and proximity to local amenities, ensuring a comfortable and enjoyable living experience.

Discover the allure of Downey, where community spirit thrives, and opportunities abound. With its affordable housing market and welcoming atmosphere, this city is not just a place to live, but a place to call home. Explore what Downey has to offer – your future awaits!

Newest Downey Homes under $1.5 million

$729,000

3 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ Florence Town House BLDG.

Great location, Heart of Downey, Close to everything. Excellent floor plan perfect for large family. Spacious Master Br & Bath room, Plenty of storage spaces and closets. Attached two car garage, private patio and easy access to community BBQ area and pool. The unit is feel like in resort . Guest parking available. Well keeps condition. Must SEE !!

9124 Florence Ave, Downey

Courtesy of Ivy Realty Co., Jessica Kim - CA DRE#01038646

$850,000

2 Beds ⋅ 2 Baths ⋅ ACTIVE Status

Welcome to this beautifully remodeled home in one of Downey's most desirable neighborhoods. Lovingly owned by the same family for decades and thoughtfully updated in 2019. This move-in-ready home offers CENTRAL AIR plus 2 bedrooms, 2 full bathrooms, and a bright, open floor plan designed for comfortable everyday living and entertaining. The oversized primary suite is a true retreat, featuring a spacious walk-in closet and beautifully appointed ensuite bath. A generously sized second bedroom and full bath offer flexibility for family, guests, or a home office. At the heart of the home is an expansive chef's kitchen with quartz countertops, abundant cabinetry, a professional-grade range and hood, microwave drawer, and stainless-steel dishwasher. The kitchen flows seamlessly into the open living area and provides easy access to the backyard, perfect for gatherings and indoor-outdoor living. Outside, the spacious yard offers plenty of room to entertain, garden, play, or explore the possibility of adding a pool. The detached two-car garage offers exciting ADU potential, while the long driveway provides ample off-street parking and room for RV parking.Conveniently located between the 5 and 605 freeways, the home combines easy access to surrounding communities with the charm of a quiet, established neighborhood. Nearby Wilderness Park offers fishing lakes and scenic walking paths, while Rio San Gabriel Park provides additional recreation, including sports fields, basketball courts, and a dog park.

10930 Crossdale Ave, Downey

Courtesy of Foster Douglas, Julie Leverence - CA DRE#01319025

$1,159,000

3 Beds ⋅ 3 Baths ⋅ ACTIVE Status

Welcome to this beautiful Single Family Home located in the desirable Northeast area of Downey. This spacious single-story residence features 3 bedrooms and 2.5 bathrooms with approximately 2,053 sq. ft. of living space on a generous 7,324 sq. ft. lot.The home offers a comfortable and functional floor plan featuring a formal entry, formal dining room, spacious kitchen with breakfast area, hardwood flooring, central skylights providing abundant natural light, and a great room with a built-in bookcase. French windows and doors add character while connecting the interior living spaces to the private patio and backyard.Additional features include central air conditioning, forced-air heating, updated windows, fireplace, inside laundry area, landscaped grounds with sprinkler system, side storage area, a long concrete driveway, garage, and carport / porte-cochere.The property has been thoughtfully improved and well maintained, with significant upgrades throughout, including a solar system, roof, patio, and various other home improvements. These enhancements have been carefully completed to provide added comfort, functionality, and long-term value to the home.A spacious and well-maintained single-story home with a private backyard, generous lot, and numerous thoughtful improvements in Downey.

10530 Dolan Ave, Downey

Courtesy of Redpoint Realty, Seok Soo Hong - CA DRE#02061960

$1,279,000

5 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Welcome to 12045 & 12045A Rives Avenue, a unique opportunity offering two detached vacant residences with exceptional flexibility and potential. The beautifully maintained property features a total of 5 bedrooms and 4 bathrooms and 2186 sqft of combined living space, blending timeless architectural character with comfortable everyday living. Natural light fills the interiors, highlighting hardwood floors and elegant coved ceilings. A spacious living room flows into the adjacent dining area, while the generously sized kitchen features a charming breakfast nook and ample opportunity to personalize the space. Complementing the 3-bedroom main residence is a permitted, detached 2-bedroom, 2-bathroom ADU, offering privacy and versatility for extended family, guests, or potential rental income. The ADU features shaker-style kitchen cabinetry, updated bathrooms, recessed lighting, and dual-pane windows. Both residences offer dedicated washer and dryer areas, along with separate electric and gas meters, while the ADU additionally features a submeter. A long driveway provides ample parking, and the generous outdoor space offers plenty of room for entertaining, gatherings, or creating your own private retreat. With both units DELIVERED VACANT, the property presents an excellent opportunity for an owner-user, multi-generational household, or investor looking for flexibility and income potential. Conveniently located near dining, parks, recreation, and the 5, 710, and 605 freeways, with Downey Landing and The Promenade at Downey just minutes away. Located within the highly regarded Downey Unified School District, this versatile property offers the opportunity to enjoy two separate residences and endless possibilities in an established Downey community.

12045 Rives Ave, Downey

Courtesy of Christie's International Real Estate SoCal, Aaron Mejia - CA DRE#01896881

$899,000

4 Beds ⋅ 4 Baths ⋅ ACTIVE Status ⋅ Centerpointe BLDG.

One of the best corner locations in the community! This stunning end-unit townhome sits in the sought-after Centerpointe complex in the heart of Downey, built in 2018 as part of a newly constructed community just 10 miles from downtown Los Angeles. The owner paid a lot premium for this coveted locationsituated directly across from the community dog park with no facing units in front or behind, giving the home an unusually open, unobstructed view and allowing windows to stay open with complete privacy and quiet.This energy-efficient tri-level residence is also the largest floor plan in the entire community, offering 4 bedrooms and 3.5 baths across three thoughtfully designed levels. The main floor features direct garage access and a private ensuite bedroom with a spacious closet ideal for in-laws or guests. The second level opens into a bright, expansive great room with wood laminate flooring, a half bath, and a chef-inspired kitchen showcasing a large island/breakfast bar, white cabinetry, quartz countertops, a walk-in pantry, and stainless steel appliances.The third floor is anchored by a primary suite with sweeping city views, dual vanities, a walk-in shower, and a walk-in closet, alongside two additional bedrooms, a full bath with tub, and a conveniently located laundry area with stackable washer/dryer. Additional highlights include recessed lighting, interior fire sprinklers, a tankless water heater, central A/C, and guest parking right next to the unit.Enjoy low HOA dues of just $203/month, covering fire insurance and all exterior maintenance. This community is a Planned Unit Development (PUD), and it is eligible for both VA and FHA financing. Perfectly positioned near freeways, golf courses, parks, restaurants, and shopping-this bright, quiet, and exceptionally spacious end-unit is a rare find in Downey.

10712 Parrot Ave, Downey

Courtesy of Dream Realty & Investments Inc, Erin Kim - CA DRE#01941228

$849,000

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

This inviting 3-bedroom, 2-bathroom home located in a highly desirable Downey neighborhood. Offering a functional floor plan filled with natural light, this residence provides comfortable living with endless potential. Ideally situated near premier shopping, dining, parks, schools, and entertainment, with convenient access to major freeways for an easy commute throughout Los Angeles and Orange County. Enjoy the charm of a well-established community while being just minutes from everything Downey has to offer. A wonderful opportunity to own a home in one of Southeast Los Angeles County's most sought-after cities.

12825 Morning Ave, Downey

Courtesy of TruLine Realty, Sierus Erdelyi - CA DRE#01870547

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