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For sale
  • Listing Provided by: 

    Edward Uriarte DRE #01102702 626-205-4040,

    COMPASS,

    Craig White DRE #01884948 310-415-8666,

    Sotheby's International Realty

    $1,799,000

    8548 Manatee St, Downey, CA 90241

    10beds
    4baths
    3,616sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $1,778,200 Zestimate®
    $498/sqft
    $-- HOA

    What's special

    Shared outdoor spaceOff-street parking
    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
    3 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: June 25, 2025 at 05:13am

    Listing Provided by:

    Edward Uriarte DRE #01102702 626-205-4040,

    COMPASS,

    Craig White DRE #01884948 310-415-8666,

    Sotheby's International Realty

    Source: CRMLS,MLS#: P1-22907MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
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    We’ll find a local expert to take you on a private tour of 8548 Manatee St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Cooktop, Gas Oven
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,616
    • Total interior livable area: 3,616 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 10,468 Square Feet
    • Features: Yard
    Details
    • Parcel number: 6255016062
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Sidewalks
    • Subdivision: Not Applicable
    Location
    • Region: Downey

    Financial & listing details

    • Price per square foot: $498/sqft
    • Tax assessed value: $874,333
    • Annual tax amount: $11,714
    • Date on market: 6/24/2025
    • Listing terms: Cash,Cash to New Loan
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