8428 5th Downey, CA $ 1,489,000
8428 5th
$ 1,489,000
Recently Listed
Open House 10/24 12pm - 3pm
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8428 5th

Downey, CA, 90241
$ 1,489,000
Bedrooms-- Baths2.0 Sq 4,098

Monthly Estimate*

$ 10,284

Listed by Joshua Glaz, The Ave, Joshua@theave.agency
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Multi-Family Home for sale in Downey, CA

for $1,489,000 with 2 full baths. This 4,098 square foot home was built in 1924 on a lot size of 0.1731.

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.

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Open House

10/24/2026 12:00 PM - 3:00 PM
10/25/2026 1:00 PM - 4:00 PM
8428 5th Downey, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,489,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1731

Year Built

1924

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

DW26227382

Days on Market

2

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available
Roof Shingle
Appliances Gas Oven Gas Range
Garage Spaces 6
Pool Features None
Exclusions all tenant belongings
Year Built 1924
Tenant Pays Cable TV Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 69600
Community Features Park
Accessibility Parking
County Los Angeles
Net Operating Income 69600
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Contingency Tenants
Garage Y/N true
Special Listing Conditions Standard
Status Active
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.
City Downey
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area D1 - Northeast Downey N of Firestone E of Downey
Lot Size Units Square Feet
Lot Size Square Feet 7539
Carport Y/N true
Number of Units Leased 3
Listing Terms Cash FHA VA Loan
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 96
Property Sub Type Additional Triplex
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Interior
Interior Amenities Block Walls Ceiling Fan(s) Laminate Counters
Flooring Carpet Laminate
Fireplace Features Electric Family Room Gas Kitchen Primary Bedroom
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Fireplace Y/N true
Laundry Features In Carport
Entry Level 1
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Exterior
Fencing Block
Parking Features Covered Carport Driveway Garage Garage Faces Rear
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 6
Lot Size Area 7539
Number of Buildings 1
Spa false
Building Area Total 4098
Lot Size Acres 0.1731
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Joshua Glaz

Listing Agent

The Ave

Broker

Joshua@theave.agency

Email

Affordability Calculator

$10,284
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Monthly Principal & Interest
$10,284
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Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2026$1,489,000 Listed Price

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8428 5th, Downey, CA, 90241 is a Multi-Family Home for sale at $1,489,000 with 4,098 sqft and a lot size of 0.1731. 8428 5th has 2.0 baths and was built in 1924. The property's zip code is 90241 which is in Downey, CA