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$1,489,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 days ago
See This Home
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Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.

Full Property Details for 8428 5th

General

  • Price: $1,489,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: DW26227382
  • Updated: 10/25/2026
  • Days on Market: 14 days
  • Added to Site: 14 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Kitchen, Primary Bathroom
  • Interior Features: Laminate Counters, Block Walls, Ceiling Fan(s)
  • Fireplace(s): Gas, Kitchen, Electric, Primary Bedroom, Family Room
  • Appliances: Gas Range, Gas Oven
  • Flooring: Carpet, Laminate

Rooms

Other Rooms

  • Laundry: In Carport

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Garage, Covered, Carport, Driveway, Garage Faces Rear
  • Parking: Garage, Covered, Carport, Driveway, Garage Faces Rear

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: From the I-5 Freeway, exit Lakewood Boulevard and head south. Turn right onto 5th Street and continue to 8428 5th Street, Downey, CA 90241.

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Roof: Shingle
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,098
  • Year Built: 1924

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1731
  • Lot Size (Sq. Ft.): 7,539
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $363.35
  • Price Per Unit: 496333

Disclosures and Reports

  • Exclusions: all tenant belongings

Listed by The Ave, Joshua Glaz

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Listing agent

— 8428 5th —

  • Joshua Glaz

    The Ave

562-413-9399

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 8428 5th

School District:Downey Unified School District
NameGradesDistance
Gallatin Elementary School
9513 Brookshire Avenue, Downey, CA 90240
K-51.1 mi
Doty Middle School
10301 Woodruff Avenue, Downey, CA 90241
6-80.8 mi
Downey High School
11040 Brookshire Avenue, Downey, CA 90241
9-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8428 5th Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2026
Listed
$1,489,000
184.3%
MLS
9/30/2020
Sold
$523,750
—
Public Record
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 8428 5th

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,250
—
$526,382
2%
2025
$7,250
5%
$516,062
4%
2023
$6,875
5%
$496,025
2%
2022
$6,552
3%
$486,300
2%
2021
$6,355
1%
$476,765
1%
2020
$6,263
1%
$471,878
2%
2019
$6,199
4%
$462,626
2%
2018
$5,937
2%
$453,556
2%
2017
$5,839
2%
$444,664
2%
2016
$5,725
1%
$435,946
2%
2015
$5,645
5%
$429,398
2%
2014
$5,354
2%
$420,987
—
2013
$5,229
—
$419,085
—
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.

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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

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Listed by The Ave, Joshua Glaz

8428 5th, Downey, CA 90241 (MLS# DW26227382) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 8428 5th is currently listed for $1,489,000 and was received on October 22, 2026. Want to learn more about 8428 5th? 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.

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