For Sale Triplex MLS# DW26227382

8428 5th

Downey, CA 90241

$1,489,000

california-regional-mls-rsd logo

About 8428 5th

Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1924
Stories
2
Living area
4,098 sqft
Price / sqft
$363
Lot
0.1731
Original price
$1,489,000
MLS #
DW26227382

Interior

Features
Block Walls, Ceiling Fan(s), Laminate Counters, Electric, Family Room, Gas, Kitchen, Primary Bedroom, Fireplace
Appliances
Gas Oven, Gas Range
Flooring
Carpet, Laminate
Cooling
Wall/Window Unit(s)
Laundry
In Carport

Exterior & lot

Features
Parking spaces: 6
Roof
Shingle
Fence
Block
Parking
Covered, Carport, Driveway, Garage, Garage Faces Rear
Garage spaces
6

Schools

District
Downey Unified School District

Utilities

Utilities
Public Sewer, Public, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Water
Public
Sewer
Public Sewer

Financial

Financial
all tenant belongings
Parcel
6254014033
Special conditions
Standard

Location

Area
D1 - Northeast Downey, N of Firestone, E of Downey
County
Los Angeles
Neighborhood
Orange Estates
Community
City Street
Directions
From the I-5 Freeway, exit Lakewood Boulevard and head south. Turn right onto 5th Street and continue to 8428 5th Street, Downey, CA 90241.

Ask about this property

Questions on 8428 5th, Downey, CA 90241, or want to see it in person?

Listed by Joshua Glaz, The Ave

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.