8202 5th St Downey, CA 90241
Estimated payment $5,808/month
Total Views
532
4
Beds
2
Baths
1,647
Sq Ft
$592
Price per Sq Ft
Highlights
- Corner Lot
- Laundry Room
- Bike Trail
- Warren High School Rated A-
- 3 Car Garage
- Wood Fence
About This Home
What if your next move didn't just give you a place to live, but a way to earn while you live?Welcome to 8202 5th Street & 10808 La Reina St in Downey, where the opportunity isn't knocking, it's parked in the driveway. This isn't just a property. It's two (2) income-generating units, spanning over 1,647 square feet of living space on a large corner lot. The 2 units offer 2 bedrooms and 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 8202 5th Street & 10808 La Reina St, you get both. So, ask yourself: What's this opportunity worth to you... If you let it slip away?2 Units8202 5th Street- 2/ 1 - $2,31010808 La Reina St - 2/1 - $2,300Total Income: $4,610
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,070
Year Built
- Built in 1951
Lot Details
- 6,583 Sq Ft Lot
- No Common Walls
- Wood Fence
- Corner Lot
- Back Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
Interior Spaces
- 1,647 Sq Ft Home
- 1-Story Property
- Gas Oven
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 57 / 24
- Tax Tract Number 550
- Assessor Parcel Number 6254006006
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,856
- Trash Expense $660
- Water Sewer Expense $720
- Operating Expense $16,271
- Gross Income $55,320
- Net Operating Income $40,729
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,070 | $464,728 | $314,008 | $150,720 |
| 2024 | $6,070 | $455,616 | $307,851 | $147,765 |
| 2023 | $5,870 | $446,683 | $301,815 | $144,868 |
| 2022 | $5,583 | $437,926 | $295,898 | $142,028 |
| 2021 | $5,438 | $429,341 | $290,097 | $139,244 |
| 2020 | $5,357 | $424,940 | $287,123 | $137,817 |
| 2019 | $5,282 | $416,609 | $281,494 | $135,115 |
| 2018 | $5,100 | $408,441 | $275,975 | $132,466 |
| 2016 | $4,943 | $392,582 | $265,259 | $127,323 |
| 2015 | $4,873 | $386,686 | $261,275 | $125,411 |
| 2014 | $4,608 | $379,112 | $256,157 | $122,955 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $975,000 | +163.5% | $592 / Sq Ft |
| 06/22/2012 06/22/12 | Sold | $370,000 | -- | $225 / Sq Ft |
| 05/23/2012 05/23/12 | Pending | -- | -- | -- |
Source: Pasadena-Foothills Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $370,000 | Lsi Title Company | |
| Trustee Deed | $412,000 | None Available | |
| Grant Deed | $705,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $259,000 | New Conventional | |
| Closed | $271,600 | New Conventional | |
| Previous Owner | $70,500 | Purchase Money Mortgage | |
| Previous Owner | $564,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Downey, CA
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-23396
APN: 6254-006-006
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