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$2,300,000 -$200,000 (-8%) Price Reduced

  • For Sale
  • Active
  • Commercial Multi-Family
  • 5,424 Sq. Ft.
  • 0.2312 Acres
  • Updated 4 days ago
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Fantastic investment opportunity in the heart of Downey! This 8-unit complex features a total of 10 bedrooms and 10 bathrooms across all units. The property offers an on-site shared laundry room for tenant convenience and includes 10 parking spaces located in the rear.

Full Property Details for 8324 Alameda

General

  • Price: $2,300,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: MRMLS
  • MLS ID: PW25254022
  • Updated: 2/5/2026
  • Days on Market: 97 days
  • Added to Site: 101 day(s) ago

Interior

  • Laundry Facilities: Yes

Rooms

Other Rooms

  • Laundry: Common Area

Parking

  • Uncovered Spaces: 10

Location

  • County: Los Angeles
  • Building Name: Colonial Arms
  • Driving Directions: Turn on right on Alameda from Downey Ave

Structural Information

  • # Buildings: 1
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Building Size: 5424
  • Square Feet: 5,424
  • Year Built: 1962

Unit Information

  • Occupancy Rate: Occupied

Lot Features

  • Lot Size (Acres): 0.2312
  • Useable Acres: .2312
  • Lot Size (Sq. Ft.): 10,072
  • Lot Size Source: Assessor
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Description: 6-10 Units/Acre, Lot 10000-19999 Sqft

Financial Considerations

  • Price Per Sq. Ft.: $424

Disclosures and Reports

  • Investment: Yes
  • Property ID: 6261005031

Listed by First Team Real Estate, TaylorLeitner and SteveLeitner

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Listing agents

— 8324 Alameda —

  • TaylorLeitner

    First Team Real Estate

  • SteveLeitner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8324 Alameda

School District:Downey Unified School District
NameGradesDistance
Alameda Elementary School
8613 Alameda Street, Downey, CA 90242
K-30 mi
Carpenter Elementary School
9439 Foster Road, Downey, CA 90242
4-51.1 mi
Sussman Middle School
12500 Birchdale Avenue, Downey, CA 90242
6-80.4 mi
Downey High School
11040 Brookshire Avenue, Downey, CA 90241
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8324 Alameda Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Price Reduced
$2,300,000
-8%
MLS
10/31/2025
Listed
$2,500,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8324 Alameda

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,478
5%
$1,097,167
4%
2023
$14,707
5%
$1,054,662
2%
2022
$14,026
3%
$1,034,033
2%
2021
$13,594
1%
$1,013,808
1%
2020
$13,404
1%
$1,003,440
2%
2019
$13,276
3%
$981,305
2%
2018
$12,869
2%
$962,065
2%
2017
$12,616
2%
$943,202
2%
2016
$12,420
1%
$924,709
2%
2015
$12,245
5%
$910,820
2%
2014
$11,631
2%
$892,979
—
2013
$11,351
—
$888,945
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 8324 Alameda

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by First Team Real Estate, TaylorLeitner and SteveLeitner

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8324 Alameda, Downey, CA 90242 (MLS# PW25254022) is a Commercial Multi-Family property. 8324 Alameda is currently listed for $2,300,000 and was received on October 31, 2025. Want to learn more about 8324 Alameda? Do you have questions about finding other Commercial Multi-Family real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.

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