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Ana Algarin

ana@anaalgarin.com +1(760) 208-3978

$ 1,489,000

Est. payment | -/mo

7 Beds

6 Baths

7,539 Sqft Lot

Save

$ 1,489,000

Est. payment | -/mo

Save

7 Beds

6 Baths

7,539 Sqft Lot

Open House

Sat Nov 14, 1:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26227382

Bedrooms 7

Lot Size 7,539 Sqft

Property Sub-Type Res Income 2-4 Units

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

Zoning Public Rec

Direction From the I-5 Freeway, exit Lakewood Boulevard and head south. Turn right onto 5th Street and continue to 8428 5th Street, Downey

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6254014033

Acceptable Financing Cash, FHA, VA

Listing Terms Cash, FHA, VA

Listed by Joshua Glaz, DRE#01856858 The Ave

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(760) 208-3978

ana@anaalgarin.com

Learn More About LPT Realty

8428 5th Downey, CA 90241