8324 Alameda St Downey, CA 90242
Estimated payment $13,432/month
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2026 05/26/26 | Price Changed | $2,100,000 | -8.7% | $387 / 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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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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