8324 Alameda Downey, CA ^$ 2,500,000

8324 Alameda

^$ 2,500,000

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8324 Alameda

Downey, CA, 90242

^$ 2,500,000

Bedrooms-- Baths1.0 Sq 5,424

Monthly Estimate*

^$ 15,597

Listed by First Team Real Estate

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Commercial Property for sale in Downey, CA

for $2,500,000 with 1 full bath. This 5,424 square foot building was built in 1962 on a lot size of 0.2312.

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.

Commercial Active

Price

^$ 2,500,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.2312

Year Built

1962

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

PW25254022

Days on Market

Features

General

Zoning DOR15000

Year Built 1962

Property Subtype Multi Family

Building Name Colonial Arms

County Los Angeles

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions Turn on right on Alameda from Downey Ave

City Downey

Open Parking Spaces 10

Number Of Units Total 36

MLS Area D4 - Southeast Downey S of Firestone E of Downey

Lot Size Units Square Feet

Lot Size Square Feet 10072

Number of Units Leased 8

Additional Parcels Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Multi Family

Interior

Total Stories 2

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 10

Lot Size Area 10072

Number of Buildings 1

Building Area Total 5424

Lot Size Acres 0.2312

Lot Size Source Assessor

* Excluded Features

List By

First Team Real Estate

Broker

taylorleitner11@gmail.com

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$15,597

Per Month

Monthly Principal & Interest: $15,597
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Downey, CA

Average List Price ^$2,430,550

Percent of Sale Price 3%

About Downey, CA

112,576 Population

5% Since 2002

^$66,810 Median Income

35.34 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,500,000		Listed Price

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8324 Alameda, Downey, CA, 90242 is a Commercial Property for sale at $2,500,000 with 5,424 sqft and a lot size of 0.2312. 8324 Alameda has 1.0 baths and was built in 1962. The property's zip code is 90242 which is in Downey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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8324 Alameda

Commercial Property for sale in Downey, CA

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