Downey, CA 90241 8416 5th Street

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Presented By: Edward Uriarte with COMPASS;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# P123417
  • 07/26/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 2,296
  • Garage • 1

Home Details

What's it worth to control the game instead of just playing in it?At 8416, 8418, & 8420 5th St in Downey, you're not just buying real estate--you're stepping into leverage. This isn't a 'maybe later' opportunity. It's staring you in the face right now. And the real question is: What happens if someone else gets to it before you do?Here's the deal:Three separate 2-bedroom, 1-bath units. Over 2,296 square feet of income-producing potential. Whether you're looking to scale your portfolio, live in one and rent the others, or fully lease it out, this setup starts paying you back from day one.Each unit is open, bright, and welcoming designed not just to attract tenants, but to keep them. Shared outdoor space adds value and livability, while off-street parking keeps complaints off your phone. In other words: low friction, high function.And the location? You already know. Downey's in motion. You're minutes from the 5, 710, 105, and 605 freeways. The Promenade, the Downey Theatre, and Porto's are your backyard. This isn't up-and-coming. It's already arrived.So now the real negotiation begins with yourself. Are you going to wait and watch? Or are you going to control the asset and make the market work for you? Because at 8416, 8418, & 8420 5th St., you're not just buying property.You're buying options. Cash flow. Control.And if you're not the one making the move... someone else will. Think of Your Future3 UnitsCurrent Rents8416 - 2/ 1 - $2,0508418 - 2/ 1 - $2,2008420 - 2/1 - $2,350Total Income: $6,600Rent September 1st8416 - 2/ 1 - $2,2008418 - 2/ 1 - $2,3008420 - 2/1 - $2,450Total Income: $6,950
Presented By: Edward Uriarte with COMPASS;

Interior Features for 8416 5th Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories1

General for 8416 5th Street

Additional Parcels Y/NNo
AppliancesGasCooktop
Attached Garage No
Carport Y/NNo
CityDowney
Community FeaturesBiking, Curbs, StreetLights
CoolingNone
CountyLos Angeles
DirectionsN of Firestone east of Downey
Garage Spaces1.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1984.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, CalVetLoan, FHA, VaNoLoan
Lot Size Square Feet7540.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income58781.0
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense20419.0
Pool FeaturesNone
PostalCityDOWNEY
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count1
Subdivision NameNot Applicable
Tax Lot94
Trash Expense1080.0
ViewNone
Water Sewer Expense660.0
Year Built1955
Year Built SourceAssessor

Exterior for 8416 5th Street

Building Area Total2296.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.1731
Lot Size Area7540.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Parking FeaturesDriveway, Garage
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,275,000
MLS#P123417
List Date 07/26/2025
Property Type Multi-Family
Phone 714.742.6515
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