8428 5th

Downey, CA 90241
  • $1,489,000

    Price
  • 7

    Bed
  • 6

    Bath
  • 4,098

    SqFt
  • 0.17

    Acre

About the Listing DWYRI - DWGLAJOS

Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.

Listing Highlights for 8428 5th

Status Active
Days on Site 13
Property Type Multi-Family
MLS ® DW26227382
Year Built 1924
Total Square Footage 4,098
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 7
  • Bathrooms: 6 Full
  • Appliances: Gas Oven, Gas Range
  • Air Cond: Wall/Window Unit(s)
  • Heating:
  • Fireplaces: Electric,Family Room,Gas,Kitchen,Primary Bedroom
  • Floor: Carpet,Laminate
  • Basement:
  • Other: Block Walls,Ceiling Fan(s),Laminate Counters
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 6 car
  • Parking Spaces: 6
  • Roof: Shingle
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Covered,Carport,Driveway,Garage,Garage Faces Rear

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6254014033
  • Tax Year: N/A

Payment Calculator

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Listing Location

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8428 5th Downey, CA 90241

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Originating MLS: CRMLS

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