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7866 Melva, Downey, CA 90242
$2.4M6bd · 4ba · 4,810 sqft
Lot 10,009 sqft•Single Family Residence•Active•17d on market•MLS# IG-26225297
7866 Melva, Downey, CA 90242
MLS# IG-26225297•Residential•Single Family Residence
Active17 days on market
$2,400,000
6
Beds
4
Baths
4,810
Sq Ft
10,009
Lot Sq Ft
2007
Year Built
None
View
Features & Amenities
FeeBuilt 2007
Property Details
Land Type
Fee
Year Built
2007
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
None
View
None
City
Downey
Zip Code
90242
County
Los Angeles
Mortgage Calculator
Current Rates
$
$
%
Monthly Payment
$12,135.71
Principal & Interest
Loan Amount
$1,920,000
Total Interest
$2,448,854
Total Payment Over 30 Years
$4,368,854
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.
Comparative Market Analysis
Luxury Tier · 2 active · 4 closed
7866 Melva, Downey, CA 90242
Downey · Single Family Residence
$2.4M
Luxury TierBeds
6
Baths
4
Sqft
4,810
Lot
10,009 sqft
Year
2007
$/Sqft
$499
Pool: Yes✓
View: None✓
Garage: 1-car✓
Listed 11.5% above the median closed sale of $2,152,500. Closed comps sold at 103% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Premium
Subject listed at $2.40M· $499/sqft
Total list price
Closed comps
vs closed median $2.17M
+$230K (+10.6%)
Active comps
vs active median $2.20M
+$200K (+9.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $859
−$360 (−41.9%)
Active Properties (2)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 10218 Pico Vista Road | Downey | 2003 | 5 | 5 | 3,839 | 11,166 | $573 | $2.20M | 9 | 49 |
| 12020 Rives Avenue | Downey | 1938 | 3 | 2 | 1,921 | 28,540 | $1,145 | $2.20M | 1345 | 38 |
| Total: 2 · Average | 4.0 | 3.5 | 2,880 | 19,853 | $859 | $2.20M | 677 | |||
| Median | 3,839 | $2.20M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9359 Cecilia Street | Downey | 1951 | 12/22/2025 | 5 | 5 | 4,202 | 7,783 | $2.22M | $2.08M | $494 | 0.94 | 187 | 63 |
| 9355 Florence | Downey | 2008 | 05/01/2026 | 7 | 7 | 6,800 | 11,184 | $1.90M | $2.17M | $319 | 1.14 | 59 | 56 |
| 9069 Gallatin | Downey | 2006 | 05/14/2026 | 6 | 6 | 6,788 | 10,594 | $2.69M | $2.69M | $396 | 1.00 | 169 | 46 |
| 9440 Gallatin Road | Downey | 1964 | 04/28/2026 | 4 | 5 | 3,450 | 16,400 | $2.05M | $2.13M | $619 | 1.04 | 54 | 39 |
| Total: 4 · Average | 5.5 | 5.8 | 5,310 | 11,490.25 | $2.27M | $2.27M | $457 | — | 117.25 | ||||
| Median | 6,788 | $2.17M | $2.17M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
AI-generated CMA
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.