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8412 5th Street, Downey, CA 90241
$1,650,000
8412 5th Street, Downey, CA 90241View this property at 8412 5th Street, Downey, CA 90241
8412 5th StreetDowneyCA90241
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Property Description
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.
Full Property Details
Full Property Details for 8412 5th St
General
- Sold For: $1,650,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23196245
- Added to Site: 222 day(s) ago
Rooms
Other Rooms
- Laundry: Community, In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Covered, Garage
- Parking: Covered, Garage
Location
- Area: D1 - Northeast Downey, N of Firestone, E of Downey
- County: Los Angeles
- Development Name: D1 - Northeast Downey, N of Firestone, E of Downey
- Driving Directions: I-5 N to E Florence Ave in Santa Fe Springs. Take exit 123 from I-5 N Continue on E Florence Ave. Drive to 5th St in Downey
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,355
- Year Built: 1973
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1734
- Lot Size Source: Assessor
- Zoning: DOR3*
- Lot Description: Front Yard, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $378.87
- Price Per Unit: 375000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by HomeSmart, Evergreen Realty, Pablo Salcedo
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Schools
Schools serving 8412 5th St
School District:Downey Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
9513 Brookshire Ave, Downey, CA 90240 | K-5 | 1.1 mi | |
10301 Woodruff Ave, Downey, CA 90241 | 6-8 | 0.9 mi | |
11040 Brookshire Ave, Downey, CA 90241 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8412 5th St
Date
Details
Price
Change
Source
11/29/2023
Sold
$1,650,000
10%
MLS
10/21/2023
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8412 5th Street, Downey, CA 90241 (MLS# PW23196245) is a Multi-Family property that was sold at $1,650,000 on November 29, 2023. Want to learn more about 8412 5th Street? Do you have questions about finding other 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.