8412 Cleta Street Downey, CA $ 1,259,999
8412 Cleta Street
$ 1,259,999
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8412 Cleta Street

Downey, CA, 90241
$ 1,259,999
Baths0.0 Sq 1,669

Monthly Estimate*

$ 7,956

Listed by Alliance Real Estate Group
8412 Cleta Street, Downey, CA 90241 - Image 1
Studio

Multi-Family Home for sale in Downey, CA

for $1,259,999. This 1,669 square foot home was built in 1948 on a lot size of 0.1399.

Rare $1,259,999 Multi-Family Opportunity in Downey! Two Turnkey Homes on One Lot!Perfect for multi-generational living or rental income, this property features two independent 2BR/1BA homes on a single lot. Built in 1948, these homes showcase timeless traditional charm. The front home boasts central AC, a spacious living room, and an eat-in kitchen. Includes a shared common area laundry room.Location, location, location! This property is within easy walking distance to Downey High School, PIH Health Downey Hospital, and local neighborhood shopping and dining.The exterior is a low-maintenance oasis with a water-conscious succulent lawn. The entertaining side yard features a covered gazebo, pergola, and tranquil water fountain. Parking includes a detached 2-car garage plus a driveway for 3 additional cars. Camera surveillance system transfers to the buyer, and additional personal property items are negotiable!

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Multi-Family Active

Price

$ 1,259,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,900

Style

Lot Size

0.1399

Year Built

1948

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

ML82054644

Days on Market

2

Features
General
Living Area 1669
Heating Wall Furnace
Cooling Central Air
Possession Close Plus 3 Days
Roof Composition
Zoning DOR2*
Garage Spaces 2
Architectural Style Traditional
Year Built 1948
View None
Property Subtype Duplex
Accessibility None
County Los Angeles
Insurance Expense 1000
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Perfect for multi-generational living or rental income two independent 2BR/1BA homes on a single lot. Built in 1948 timeless traditional charm. The front home boasts central AC both units living room and an eat-in kitchen. common area laundry room.
City Downey
High School District Downey Unified
Lot Size Units Square Feet
Lot Size Square Feet 6094
Carport Spaces 0
Tax Annual Amount 1900
Trash Expense 400
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 1.06
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 6094
Number of Buildings 3
Building Area Total 1669
Lot Size Acres 0.1399
Lot Size Source Other
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* Excluded Features
List By
Alliance Real Estate Group

Broker

avalos@dannyfavalos.com

Email

Affordability Calculator

$8,114
Per Month
98%
2%
0%
Monthly Principal & Interest
$7,956
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/17/2026$1,259,999 Listed Price

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8412 Cleta Street, Downey, CA, 90241 is a Multi-Family Home for sale at $1,259,999 with 1,669 sqft and a lot size of 0.1399. 8412 Cleta Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 90241 which is in Downey, CA