Downey, CA 90241,8416 5th Street
Listed by Edward Uriarte • COMPASS
Bought with Angel Martinez • Scott Properties Group

$1,200,000

Est. payment /mo

$1,275,000

5.9%
Est.Price: ?

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8416 5th Street Downey, CA 90241

2,296 SqFt

SOLD DATE : 09/12/2025

Key Details

Sold Price $1,200,000

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,296 sqft

Price per Sqft $522

MLS Listing ID CRP1-23417

Year Built 1955

Lot Size 7,540 Sqft

Property Sub-Type OTHER

Property Description

What's it worth to control the game instead of just playing in it?At 8416, 8418, & 8420 5th St in Downey, you're not just buying real estate--you're stepping into leverage. This isn't a 'maybe later' opportunity. It's staring you in the face right now. And the real question is: What happens if someone else gets to it before you do?Here's the deal:Three separate 2-bedroom, 1-bath units. Over 2,296 square feet of income-producing potential. Whether you're looking to scale your portfolio, live in one and rent the others, or fully lease it out, this setup starts paying you back from day one.Each unit is open, bright, and welcoming designed not just to attract tenants, but to keep them. Shared outdoor space adds value and livability, while off-street parking keeps complaints off your phone. In other words: low friction, high function.And the location? You already know. Downey's in motion. You're minutes from the 5, 710, 105, and 605 freeways. The Promenade, the Downey Theatre, and Porto's are your backyard. This isn't up-and-coming. It's already arrived.So now the real negotiation begins with yourself. Are you going to wait and watch? Or are you going to control the asset and make the market work for you? Because at 8416, 8418, & 8420 5th St., you're not just buying property.You're bu

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Laundry Inside

Exterior

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Building

Lot Description Other

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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