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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Owner options
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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#: PW23196245
Originating 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
| Date | Event | Price |
|---|---|---|
| 11/29/2023 | Sold | $1,650,000$379/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 6/10Gallatin Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Doty Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Downey High SchoolGrades: 9-12Distance: 0.3 mi
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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

