8416 5th ST new Save Request In-Person Tour Request Virtual Tour
Downey,CA 90241
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-23417
HOA Y/N No
Year Built 1955
Lot Size 7,540 Sqft
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 buying options. Cash flow. Control.And if you're not the one making the move... someone else will. Think of Your Future3 UnitsCurrent Rents8416 - 2/ 1 - $2,0508418 - 2/ 1 - $2,2008420 - 2/1 - $2,350Total Income: $6,600Rent September 1st8416 - 2/ 1 - $2,2008418 - 2/ 1 - $2,3008420 - 2/1 - $2,450Total Income: $6,950
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Cooktop
Laundry Inside
Exterior
Parking Features Driveway,Garage
Garage Spaces 1.0
Garage Description 1.0
Fence None
Pool None
Community Features Biking,Curbs,Street Lights
View Y/N No
View None
Total Parking Spaces 3
Private Pool No
Building
Lot Description Sprinklers None
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 6254014032
Acceptable Financing Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,VA No Loan
Listing Terms Cash,Cash to New Loan,Conventional,Cal Vet Loan,FHA,VA No Loan
Special Listing Condition Standard