8428 5th, Downey, CA 90241
8428 5th, Downey, CA 90241
8428 5th, Downey, CA 90241
8428 5th, Downey, CA 90241
8428 5th, Downey, CA 90241
8428 5th, Downey, CA 90241
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$ 1,489,000
Est. payment | /mo

7,540 Sqft Lot


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$ 1,489,000
Est. payment | /mo
Save

7,540 Sqft Lot

Open House

Sat Oct 24, 12:00pm - 3:00pm

Sun Oct 25, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26227382

HOA Y/N No

Year Built 1924

Lot Size 7,540 Sqft

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County Los Angeles

Area D1 - Northeast Downey, N Of Firestone, E Of Downey

Interior

Interior Features Block Walls, Ceiling Fan(s), Laminate Counters

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type Electric, Family Room, Gas, Kitchen, Primary Bedroom

Fireplace Yes

Appliance Gas Oven, Gas Range

Laundry In Carport

Exterior

Parking Features Covered, Carport, Driveway, Garage, Garage Faces Rear

Garage Spaces 6.0

Garage Description 6.0

Fence Block

Pool None

Community Features Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

View Y/N No

View None

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6254014033

Acceptable Financing Cash, FHA, VA Loan

Listing Terms Cash, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Joshua Glaz The Ave 562-413-9399, DRE #01856858

Nearby Locations

HomeSmart Realty Group

+1(949) 878-8721

admin@realtygrouphs.com

3750 Schaufele Ave Suite 270, Beach, California 90808, United States

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8428 5th