Bought with Angel Martinez • Scott Properties Group
$1,200,000
$1,275,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
8416 5th Street Downey, CA 90241
2,296 SqFt
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
View None
Building
Lot Description Other
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