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Sold for $1,650,000 on 11/29/23
  • Listing Provided by: 

    Pablo Salcedo DRE #01778864 714-990-0770,

    HomeSmart, Evergreen Realty

    Bought with: HomeSmart, Evergreen Realty
    $1,650,000

    8412 5th St, Downey, CA 90241

    8beds
    8baths
    4,355sqft
    Mixed Use
    Built in 1973
    -- sqft lot
    $1,888,300 Zestimate®
    $379/sqft
    $2,898 Estimated rent

    Home value

    $1,888,300

    $1.70M - $2.10M

    $2,898/mo

    Zestimate® history
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    $10,390/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: November 29, 2023 at 10:50am

    Listing Provided by:

    Pablo Salcedo DRE #01778864 714-990-0770,

    HomeSmart, Evergreen Realty

    Bought with:

    Pablo Salcedo, DRE #01778864

    HomeSmart, Evergreen Realty

    Source: CRMLS,MLS#: PW23196245MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area, In Garage
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 4,355
    • Total interior livable area: 4,355 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Covered, Garage
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,552 sqft
    • Features: Front Yard, Walkstreet
    Details
    • Parcel number: 6254014037
    • Zoning: DOR3*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks
    Location
    • Region: Downey

    HOA & financial

    Other financial information
    • Total actual rent: 90600

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/29/2023Sold$1,650,000$379/sqft
    Source: CRMLS #PW23196245

    Public tax history

    YearProperty taxesTax assessment
    2025$21,380 +1.8%$1,683,700 +2%
    2024$21,001 +376.3%$1,650,700 +510.4%
    2023$4,410 +4.4%$270,441 +2%

    Find assessor info on the county website

    Neighborhood: 90241

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,888,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,888,300