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

8324 Alameda

^$ 2,500,000

Back to search

8324 Alameda

Downey, CA, 90242

^$ 2,500,000

Studio Baths1.0 Sq 5,424

Monthly Estimate*

^$ 15,597

Listed by First Team Real Estate

View a Virtual Tour

Studio

Multi-Family Home for sale in Downey, CA

for $2,500,000 with 1 full bath. This 5,424 square foot home 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. There is a 12 month cash flow attached in the supplements.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2312

Year Built

1962

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

PW25255820

Days on Market

Features

General

Sewer Public Sewer

Appliances Dryer Washer

Garage Spaces 0

Pool Features None

Year Built 1962

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 117895

Community Features Sidewalks

County Los Angeles

Net Operating Income 97338.53

Operating Expense 0

Insurance Expense 7000

New Construction 0

Property Type Residential Income

Contingency Submit offers to steveleitner11@gmail.com and cc taylorleiner@firstteam.com. If you have any questions give Taylor Leitner a text or call (562) 370-3391.

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Turn right on Alameda from Downey

City Downey

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 8

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

Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 315

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 0

Total Actual Rent 11410

Property Sub Type Additional Mixed Use

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features Common Area Inside

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

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 8

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

First Team Real Estate

Broker

taylorleitner11@gmail.com

Affordability Calculator

$15,597

Per Month

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

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Downey, CA

Average List Price ^$2,617,666

Percent of Sale Price 5%

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

See complete school information

Pricing History

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

Map

More homes like this one

homes for you

See all

8324 Alameda, Downey, CA, 90242 is a Multi-Family Home for sale at $2,500,000 with 5,424 sqft and a lot size of 0.2312. 8324 Alameda is a studio with 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

8324 Alameda

Multi-Family Home for sale in Downey, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home