12020 Rives Avenue, Downey, CA 90242
12020 Rives Avenue, Downey, CA 90242
Property Description
Investors Opportunity!! Great opportunity to build a huge dream home or a multifamily or live in the current home! Plans for multifamily have been submitted to the city of Downey, but have not been approved yet. Currently in the process and waiting for approval.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 3 active · 5 closed
Downey · Single Family Residence
Listed 11.7% above the median closed sale of $1,970,000. Price per sqft ($1,145) is a 119% premium to closed comps ($524). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7866 Melva | Downey | 2007 | 6 | 4 | 4,810 | 10,009 | $499 | $2.40M | 15 | 42 |
| 10513 Pangborn Avenue | Downey | 1950 | 8 | 6 | 5,491 | 7,500 | $364 | $2.00M | 193 | 31 |
| 10218 Pico Vista Road | Downey | 2003 | 5 | 5 | 3,839 | 11,166 | $573 | $2.20M | 9 | 31 |
| Total: 3 · Average | 6.3 | 5.0 | 4,713.333 | 9,558.333 | $478.667 | $2.20M | 72.33333333333333 | |||
| Median | 4,810 | $2.20M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9570 Gallatin Road | Downey | 1943 | 04/30/2026 | 3 | 3 | 3,699 | 17,187 | $1.68M | $1.95M | $527 | 1.16 | 27 | 43 |
| 9350 Dinsdale Street | Downey | 1961 | 06/26/2026 | 5 | 4 | 3,459 | 10,855 | $1.98M | $1.97M | $570 | 0.99 | 28 | 39 |
| 9440 Gallatin Road | Downey | 1964 | 04/28/2026 | 4 | 5 | 3,450 | 16,400 | $2.05M | $2.13M | $619 | 1.04 | 54 | 33 |
| 8531 10th | Downey | 2004 | 01/06/2026 | 5 | 6 | 4,682 | 8,007 | $2.10M | $1.93M | $411 | 0.92 | 94 | 23 |
| 9359 Cecilia Street | Downey | 1951 | 12/22/2025 | 5 | 5 | 4,202 | 7,783 | $2.22M | $2.08M | $494 | 0.94 | 187 | 21 |
| Total: 5 · Average | 4.4 | 4.6 | 3,898.4 | 12,046.4 | $2.01M | $2.01M | $524.2 | — | 78 | ||||
| Median | 3,699 | $1.97M | $1.97M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.