CA > Downey
Downey, CA 90241,8416 5th ST
Downey, CA 90241,8416 5th ST
Downey, CA 90241,8416 5th ST
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Chi Hye Williams

Chi Hye Williams

+1(949) 751-9741
$1,275,000
Est. payment /mo
7,540 Sqft Lot
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UPDATED:

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

Read Less Info
CRMLS – RECore
Listed by Edward Uriarte COMPASS

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agent

Chi Hye Williams

+1(949) 751-9741

Broker Associate | License ID: 01912994

Broker Associate License ID: 01912994

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