8324 Alameda St Downey, CA 90242
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 10,072 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 10 Parking Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,424 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Listing and Financial Details
- Tax Tract Number 5512
- Assessor Parcel Number 6261005031
- $2,287 per year additional tax assessments
Community Details
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $315
- Insurance Expense $7,000
- Professional Management Expense $6,148
- Operating Expense $20,556
- Gross Income $117,895
- Net Operating Income $97,339
Additional Features
- 8 Units
- Laundry Facilities
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $2,300,000 | -8.0% | $424 / Sq Ft |
| 11/07/2025 11/07/25 | For Sale | $2,500,000 | -- | $461 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25255820
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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