8412 5th Street, Downey, CA 90241
- $1,650,000
- Sold Price
- $1,650,000
- List Price
- $1,500,000
- Closing Date
- Nov 29, 2023
- Status
- CLOSED
- MLS#
- PW23196245
- Year Built
- 1973
- Lot Size
- 7,552
- Acres
- 0.17
- Lot Location
- Front Yard, Walkstreet
- Days on Market
- 14
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
Nestled in the heart of Downey, 8412 Fifth Street presents a rare investment opportunity with its four-unit apartment complex. The owner's unit, positioned at the front, boasts a two-car garage for added convenience. Additionally, there is a one-car garage and three carports with storage options further enhancing the property's utility. The complex is adorned with dual-pane windows, reflecting a commitment to modern living and energy efficiency. Meticulously maintained, this property ensures a harmonious blend of comfort and functionality. The diverse layout of the units caters to varying lifestyle preferences. Apartment 101, a two-story residence, features three bedrooms and 2.5 baths, offering space for families. Apartment 102 stands as a charming one-bedroom, one-bath unit, while Apartments 201 and 202 each comprise two bedrooms and two baths, providing a comfortable living experience. With its strategic location in Downey and a thoughtful combination of amenities and design, 8412 Fifth Street stands as an enticing opportunity for both residents seeking a new home and investors looking to maximize their real estate portfolio.
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Additional Information
- Pool Description
- None
- View
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $90,600
- Operating Expense
- 9161
Listing courtesy of Listing Agent: Pablo Salcedo (Pablo@pablosells.com) from Listing Office: HomeSmart, Evergreen Realty.
Listing sold by Pablo Salcedo from HomeSmart, Evergreen Realty
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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.