Whether you're looking for a move-in ready condominium, or prefer a single-family residence with a yard, a $500,000 budget affords you several options in Downey.

Here are some samples:

8901 Serapis Ave.
No. 24
Downey, CA 90240

$439,900

This 2-bedroom, 3-bathroom condominium is spread across 1,604 square feet in a 33-unit complex. Each bedroom has its own private bath. The kitchen features mahogany cabinets and granite countertops. Redfin

9455 Klinedale Ave.
Downey, CA 90240

$491,000

Located north of the 5 Freeway, this 3-bedroom, 1-bathroom property features an open floor plan and French doors that lead to a spacious backyard. Amenities include a laundry room, central air conditioning, and new windows. Zillow

10543 Downey Ave.
Unit D
Downey, CA 90241

$219,950

This 1-bedroom, 1-bathroom unit is small at 586 square feet, but it's centrally located and comes with an assigned parking space. Why rent when you can own? Redfin

8120 Comolette St.
Downey, CA 90242

$484,000

Featuring 3 bedrooms and 1 bathroom, this home has a gourmet kitchen with Silestone countertops, custom cabinetry and top-of-the-line stainless steel appliances. The bathroom has been remodeled with custom tile and new shower enclosure. Zillow