8548 Manatee Street, Downey, CA 90241
- $1,750,000
- Sold Price
- $1,750,000
- List Price
- $1,799,000
- Closing Date
- Aug 27, 2025
- Status
- CLOSED
- MLS#
- P1-22907
- Year Built
- 1962
- Lot Size
- 10,468
- Acres
- 0.24
- Lot Location
- Yard
- Days on Market
- 25
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Not Applicable
Property Description
What if your next move didn't just give you a place to live, but a way to earn while you live?Welcome to 8548 Manatee Street in Downey, where the opportunity isn't knocking, it's parked in the driveway.This isn't just a property. It's four income-generating units, spanning over 3,600 square feet of living space. Two of them offer 3 bedrooms and 1 bath. The other two? 2 bedrooms, 1 bath. Whether you're an investor looking to expand your portfolio or a homeowner ready to have your mortgage offset by rental income, this setup speaks your language.Each unit is bright, open, and welcoming, with just the right amount of charm to attract long-term tenants or create a community of neighbors. Outside, you have shared outdoor space with room to breathe, unwind, or build something special. And yes, off-street parking means fewer headaches and happier residents.Location? You're in the heart of Downey. Minutes from 5, 710, 105, and 605. Close to the energy of the Promenade, the culture of the Downey Theatre, and the addictive pull of Porto's Bakery. You already know the area's thriving--now's your chance to own a piece of it.Bottom line? You don't have to choose between lifestyle and leverage. At 8548 Manatee, you get both.So, ask yourself: What's this opportunity worth to you... If you let it slip away?4 Units8548- 3/ 1.0/ $2,450.008550- 2/ 1.0/ $2,250.008554- 3/ 1.0/ $2,530.008556- 2/ 1.0/ $2,250.00Total Income: $9,480
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Additional Information
- Appliances
- Gas Cooktop, Gas Oven
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $113,760
- Operating Expense
- 28801
Listing courtesy of Listing Agent: Edward Uriarte (edward@edwarduriarte.com) from Listing Office: COMPASS.
Listing sold by Mina Abdelmalek from Realty One Group West
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.