8020 Olive Ln, Downey, CA 90241
OFF MARKET
Listed by Chong Kim, Sunny Hills Real Estate, Inc., (562) 774-7752 . Bought with Sunny Hills Real Estate, Inc.

$866,800

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,322 sqft

8020 Olive Ln, Downey, CA 90241

Est. Refi. Payment $5,499/mo*
Refinance Your Home
Currently Off Market - Sold Dec 27, 2024 for $859,000

Home Value

Trulia Estimate
$867K
Since last month
Decreased$3K (-0.4%)
Since last year
Increased$23K (+2.7%)
Since last sale
Increased$6K (+0.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +33% in the last 10 years
MonthEstimated value
2026
September 2026$865K
August 2026$869K
July 2026$858K
June 2026$852K
May 2026$850K
March 2026$835K
February 2026$836K
January 2026$831K
2025
2024
2023
2022
2021
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
10618 Paramount Blvd, Downey, CA
0.07
Townhouse
$779,000
08/28/26
4
3.5
1,896
11000 Woodruff Ave #29, Downey, CA
1.34
Townhouse
$670,000
02/27/26
3
3
1,569
9213 Sunshine Pl, Downey, CA
1.32
Townhouse
$830,000
09/04/26
4
3.5
2,110
7969 Stewart And Gray Rd, Downey, CA
0.97
Townhouse
$608,000
10/08/25
3
2.5
1,214
9652 Karmont Ave, South Gate, CA
1.67
Townhouse
$694,000
04/17/26
4
2.5
1,571
7958 Telegraph Rd, Downey, CA
1.81
Townhouse
$744,000
10/17/25
4
3.5
1,873
11917 Heritage Cir, Downey, CA
1.44
Townhouse
$640,000
08/14/26
2
2.5
1,284
8901 Serapis Ave #25, Downey, CA
1.66
Townhouse
$680,000
04/09/26
3
3
1,505
8901 Serapis Ave #24, Downey, CA
1.68
Townhouse
$629,000
05/01/26
3
3
1,604
9643 Karmont Ave, South Gate, CA
1.74
Townhouse
$620,000
07/30/26
4
3
1,571

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8008 Privet Ln, Downey, CA 90241
0.03
$770,900
3
2.5
1,896
Off Market
10670 Paramount Blvd, Downey, CA 90241
0.04
$850,000
4
3.5
2,124
For Sale
10648 Paramount Blvd, Downey, CA 90241
0.05
$796,600
4
4
1,896
Off Market
10704 Paramount Blvd, Downey, CA 90241
0.04
$762,000
3
3.5
1,845
Off Market
8009 Lily Ln, Downey, CA 90241
0.07
$860,000
4
3.5
2,322
Off Market
8050 Buell St, Downey, CA 90241
0.04
$886,500
4
4
2,322
Off Market
10618 Paramount Blvd, Downey, CA 90241
0.07
$779,000
4
3.5
1,896
Recently Sold
8010 Cherry Ln, Downey, CA 90241
0.08
$885,900
4
3.5
2,322
Off Market
10712 Parrot Ave, Downey, CA 90241
0.06
$899,000
4
3.5
2,322
For Sale
8000 7th St, Downey, CA 90241
0.10
$841,400
4
3.5
2,322
Off Market
10611-10617 Western Ave, Downey, CA 90241
0.11
$2,039,900
16
16
7,988
Off Market

Local Information

  • Map ViewExplore the area around 8020 Olive Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 2017
2,322 sqft
$373/sqft
2 Car Garage
HOA $196/mo

About this House

What's unique:Split levelQuiet best interior locationConvenient islandMaster suiteSpacious walk-in closetMaster bedroom
Beautiful townhouse in a quiet, BEST INTERIOR LOCATION at the Centerpointe. 4 spacious bedroom, 3.5 bathroom split level with 2 car attached garage. The first floor features with a master suite, full private bathroom, and walk-in closet. The second floor boast a bright and open floor plan with high ceilings, updated airy kitchen, a convenient island for cooking and dining, a walk-in pantry, with stainless appliances. Also a well-appointed half bathroom caters to guests. The third floor includes another Master bedroom with a large master bathroom featuring double vanity, walk-in shower and spacious walk-in closet. Two additional bedrooms, another full bathroom and the laundry room are on this floor. Recess lights throughout the house. Commuter’s dream location near the freeways, close to shopping, restaurants, and Downtown Downey. Low association dues ($196.00) include fire insurance/all outside maintenance. A MUST SEE!!!
8020 Olive Ln, Downey, CA 90241 is a 4 bedroom, 4 bathroom, 2,322 sqft townhouse built in 2017. It last sold for $859,000 on Dec 27, 2024 (1% below the $869,000 asking price). More recently, it was listed as a rental in November 2019 with an asking price of $3,500 per month. That rental listing was removed on December 14, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $866,800, with a rent estimate of $4,644/month.

Home Details for 8020 Olive Ln

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Bedroom, Family Room, Kitchen, Other, Pantry
Beds & Baths
Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2322 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Tankless Water HeaterDishwasherDisposalLaundry: Laundry Room
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, LaminateCommon Walls: 1 Common Wall, End Unit, No One Above, No One Below
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: Ground Level w/o Steps/1Floors: Carpet, Laminate
View
Has a ViewView: Neighborhood
Security
Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)

Exterior Features

Exterior Home Features
Exterior: Rain GuttersFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 23

Property Information

Year Built
Year Built: 2017
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseStructure Type: HouseArchitecture: Contemporary
Building
Construction Materials: StuccoNot a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: TurnkeyParcel Number: 6251043024

Price & Status

Price
List Price: $869,000
Status Change & Dates
Off Market Date: Fri Nov 29 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Downey
School Information
High School District: Downey Unified

Community

Community Features: Street Lights, SidewalksNot Senior CommunityUnits in Building: 116

HOA

HOA Name: CenterpointeHOA Phone: 714-285-2626Association for this Listing: California Regional MLSHas an HOAHOA Fee: $196/Monthly

Lot Information

Lot Area: 1069 sqft

Listing Info

Special Conditions: Standard

Offer

Contingencies: noneListing Terms: Cash, Cash to New Loan, FHA

Miscellaneous

Mls Number: PW24225994Living Area Range Units: Square FeetAttribution Contact: 562-774-7752Common Interest: CondominiumUniversal Property Id: US-06037-N-6251043024-R-N

Additional Information

HOA Amenities: Dog Park,Maintenance Grounds,Insurance,Barbecue

Price and Tax history

DateEventPrice
Dec 27, 2024
Source: CRMLS #PW24225994
Sold
$859,000
Dec 17, 2024
Source: CRMLS #PW24225994
Pending
$869,000
Dec 1, 2024
Source: CRMLS #PW24225994
Contingent
$869,000
Nov 6, 2024
Source: CRMLS #PW24225994
Listed For Sale
$869,000
Dec 14, 2019
Source: Agent Provided
ListingRemoved
$3,500

Market trends in Downey

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$928K
$20KMoM
Sale-to-List Price
99.9%
0.4%MoM
Price per sq ft
$576
$3MoM
Available listings
105
5MoM

Around this home

What Locals Say about Downey

At least 1007 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 75 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 74 % Say yards are well-kept

  • 74 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 70 % Say it's walkable to grocery stores

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 62 % Say it's quiet

  • 60 % Say parking is easy

  • 60 % Say streets are well-lit

  • 51 % Say kids play outside

  • 48 % Say neighbors are friendly

  • 32 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Small town feel. Everyone is proud to live in Downey."
    0
    Flag
  • Trulia User
    "It is safe for teens yo walk or ride bike. It’s aver nice neighborhood with lots of shops and restaurants."
    0
    Flag
  • Dom_val2000
    "Saturday farmers market on La Reina and every third Thursday there is a night market near downtown Downey. "
    0
    Flag
  • Amanda_marie31
    "People don’t pick up after their dogs. A lot of dogs running loose making it somewhat nerve wracking "
    0
    Flag
  • Gc4xhyjhj8
    "It is a fairly safe place to walk around. Everything Is well maintained & everyone usually picks up after their dogs around here."
    0
    Flag
  • Jaime Leiva
    "It’s a truly family neighborhood, safe and clean. People are friendly and courteous. The vibe is really good for walking at any time."
    0
    Flag
  • Trulia User
    "I see dog walkers at all hours of the day…every day. This is a great neighborhood for digs & dig owners. "
    0
    Flag
  • Herrerafrank00
    "More congested than 10 years ago. Loved here 35 years and traffic is getting worse. Freeways touch Downeys borders "
    0
    Flag
  • Rtl.90241
    "Commute is very easy access to freeways and everything is just within minutes away. Roads are well maintained."
    0
    Flag
  • Jenni SH
    "Very family oriented. People take walks in the evening. There’s a sense of community. There’s lots of shops, grocery stores, etc. it’s a very pleasant little hidden gem. One thing I wish, that all the little streets had sidewalks. "
    0
    Flag
  • Camposanam73
    "Love Downey everything is convenient local malls stores and work is about 15 min away. Been on Downey over 13 years"
    0
    Flag
  • Jenni SH
    "Downey is just a great city to call home. There’s lots of restaurants and shopping centers. There’s at least one farmers market on Lakewood and Firestone and many neighborhoods are great for trick or treating "
    0
    Flag
  • Armando Gutierrez
    "They like it the place it’s beautiful and clam so they don’t main it people are nice and respectful "
    0
    Flag
  • Mistermnn
    "Lots of dog poop on side walks and front yards because lots of dog owners don’t think they have to pick up after there dogs or there are some dog owners in the neighborhood that let their dogs run loose in the neighborhood and there dog poops on neighbors yards and they don’t pick it up. Other than that it’s good. "
    0
    Flag
  • Herrerafrank00
    "Downey has everything you need, good schools, good food, friendly police department, community programs, only downside would be the traffic getting through the city during rush out, residents usually take the back streets."
    6
    Flag
  • C B
    "Traffic in Downey is really bad. Can take 30 minutes to get from North Downey to South Downey. Lakewood and Telegraph are packed. But near freeways and that helps."
    0
    Flag
  • Teresa
    "Apartments state Dog friendly, but state restrictions on weight which makes it hard to find an apartment within a neighborhood you wish to live in. "
    3
    Flag
  • Monique M.
    "Downey is a dog friendly neighborhood. Some people post individual signs to keep dogs from pooping on their lawn but to each their own. "
    11
    Flag
  • Melodygregorio
    "Movie nights, concerts in the park, ride and stride day, lots and lots of classes for adults, seniors, youth, and children etc. "
    6
    Flag
  • Joc O
    "I grew up in Downey, and have lived here as an adult away from my childhood home but still enjoy living here. It’s close to Cerritos, Lakewood, Bellflower which I visit for different errands. I can drive 30-40 mins (depending on traffic, time of day,etc) to Huntington Beach or Santa Monica. "
    2
    Flag
  • Darlena C. J.
    "There’s a lot of families, and the city is overall pretty safe to be in. The transportation system is all throughout the city. Make the move!"
    0
    Flag
  • Jennylopwz1226
    "I drive to places. Everything is within a 5 minute drive. Close to freeways or sometimes walk to restaurants."
    2
    Flag
  • Yreynaga974
    "Downey is a clean and safe area to grow up and live in. People are generally nice, responsible, respectable and caring human beings."
    2
    Flag
  • Jennifer V.
    "I lived here for seven years now. It is a clean neighborhood with great schools. It is a safe and friendly town."
    3
    Flag
  • Elizabeth D.
    "I have lived in downey for 24 years and I have always felt safe and I love my city. The local officials are always doing their best to take care of our city, local police department keeps us safe! "
    0
    Flag
  • Anamaeespinoza
    "Good family ambiance and lots of good place to go. You can walk, bikes on the area too. Very friendly people "
    2
    Flag
  • Wendy A.
    "I love it here. Never had an issue, lots of restaurants and parks. Clean and people are nice for the most part "
    0
    Flag
  • Brojoehdz
    "New to the area so I’m not really familiar with what takes place around here. However, my neighbors have been friendly and welcoming to me and my family. I have zero complaints about my experience here. "
    4
    Flag
  • Susan
    "ok, but increasing freeway traffic can be very challenging at times. I live 16 miles from home, on average that is a 30 minute commute which can turn into 60 minutes in days with freeway incidents. "
    0
    Flag
  • Wendy A.
    "The schools are good and kids are often seen using their bikes up and down alone. Also there are a lot of parks and it’s just a very calm city with pretty quiet people that keep to themselves. They have programs for kids at parks and in the community to keep them busy and active. Does need like a Chuck E. Cheese type of establishment or a jumper place of some sort"
    2
    Flag
  • Wendy A.
    "Concerts in the park, food festivals, day of dead festival, good restaurants. Overall a safe place to ride bikes, parks"
    1
    Flag
  • Jenny M.
    "Safe city to raise your children in. I was born and raised and it is safe, lots of kids and great education "
    0
    Flag
  • Vanessa
    "There is lots to do! From miniature golfing to movies to bowling. The city has lots of history and feels safe. "
    0
    Flag
  • Mpmontiel0214
    "Clean, beautiful and peaceful place to live! Lovely and wonderful people. So traditional and quiet "
    0
    Flag
  • Ashley P.
    "Very close to my job and surrounding places I normally visit. I really enjoy living in Downey CA. "
    0
    Flag
  • Cristina Z.
    "Schools are good. Pretty safe to walk at night. I love it here. Been living here for 6 years now. I just wish it was less expensive "
    0
    Flag
  • Marcia V.
    "Nice area to raise kids in.Everything is close by schools shopping center mall markets eateries etc.."
    1
    Flag
  • Calleros1d
    "Many local churches with active goers. Farmers market every Saturday’s and people are constantly walking their pets or running themselves "
    0
    Flag
  • Jose S.
    "I love the area. it is close to down town La, but still far enough away to have some nature around me."
    0
    Flag
  • Esteban G.
    "Just keep an eye on your children, there have been many reports of kidnappings happening in the area. "
    3
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-23 10:31:33 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 8020 Olive Ln

  • What is 8020 Olive Ln estimated to be worth?
    Trulia's estimated value for 8020 Olive Ln in Downey, CA is $866,800.
  • What is the price history for 8020 Olive Ln?
    8020 Olive Ln in Downey, CA last sold for $859,000 in December 2024.
  • Is Downey a buyer's or seller's market?
    Downey is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Downey?
    The median sale price in Downey is $928K. That is up $20K from the prior month.
  • Does 8020 Olive Ln have air conditioning?
    Yes, 8020 Olive Ln in Downey, CA has air conditioning.
  • Does 8020 Olive Ln have laundry facilities?
    Yes, 8020 Olive Ln in Downey, CA has laundry facilities.

Explore by feature - Pet Friendly

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