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$1,750,000
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Property Description
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
Full Property Details
Full Property Details for 8548 Manatee St
General
- Sold For: $1,750,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-22907
- Added to Site: 206 day(s) ago
Interior
- Fireplace(s): None
- Appliances: Gas Cooktop, Gas Oven
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Driveway
- Parking: Garage, Driveway
Location
- County: Los Angeles
- Driving Directions: Southeast Downey, S of Firestone, E of Downey (D4)
- Direction Faces: North
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,616
- Year Built: 1962
Lot Features
- Property View: None
- Lot Size (Acres): 0.2403
- Lot Size Source: Assessor
- Lot Description: Yard
Financial Considerations
- Price Per Sq. Ft.: $483.96
Listed by Compass, Edward Uriarte and Sotheby's International Realty, Craig White
Sold by Realty One Group West, Mina Abdelmalek
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Schools
Schools serving 8548 Manatee St
School District:Downey Unified School District
| Name | Grades | Distance |
|---|---|---|
Alameda Elementary School 8613 Alameda Street, Downey, CA 90242 | K-3 | 0.6 mi |
Carpenter Elementary School 9439 Foster Road, Downey, CA 90242 | 4-5 | 1.6 mi |
Sussman Middle School 12500 Birchdale Avenue, Downey, CA 90242 | 6-8 | 1 mi |
Downey High School 11040 Brookshire Avenue, Downey, CA 90241 | 9-12 | 0.4 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 8548 Manatee St
Date
Details
Price
Change
Source
8/27/2025
Sold
$1,750,000
-2.72%
MLS
6/24/2025
Listed
$1,799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8548 Manatee Street, Downey, CA 90241 (MLS# P1-22907) is a Multi-Family property that was sold at $1,750,000 on August 27, 2025. Want to learn more about 8548 Manatee 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.

