8416 5th St Downey, CA 90241
Estimated payment $7,386/month
Highlights
- Laundry Room
- 1 Car Garage
- Wall Furnace
- Downey High School Rated A
- Bike Trail
- 1-Story Property
About This Home
What's it worth to control the game instead of just playing in it?At 8416, 8418, & 8420 5th St in Downey, you're not just buying real estate--you're stepping into leverage. This isn't a 'maybe later' opportunity. It's staring you in the face right now. And the real question is: What happens if someone else gets to it before you do?Here's the deal:Three separate 2-bedroom, 1-bath units. Over 2,296 square feet of income-producing potential. Whether you're looking to scale your portfolio, live in one and rent the others, or fully lease it out, this setup starts paying you back from day one.Each unit is open, bright, and welcoming designed not just to attract tenants, but to keep them. Shared outdoor space adds value and livability, while off-street parking keeps complaints off your phone. In other words: low friction, high function.And the location? You already know. Downey's in motion. You're minutes from the 5, 710, 105, and 605 freeways. The Promenade, the Downey Theatre, and Porto's are your backyard. This isn't up-and-coming. It's already arrived.So now the real negotiation begins with yourself. Are you going to wait and watch? Or are you going to control the asset and make the market work for you? Because at 8416, 8418, & 8420 5th St., you're not just buying property.You're buying options. Cash flow. Control.And if you're not the one making the move... someone else will. Think of Your Future3 UnitsCurrent Rents8416 - 2/ 1 - $2,0508418 - 2/ 1 - $2,2008420 - 2/1 - $2,350Total Income: $6,600Rent September 1st8416 - 2/ 1 - $2,2008418 - 2/ 1 - $2,3008420 - 2/1 - $2,450Total Income: $6,950
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,113
Year Built
- Built in 1955
Lot Details
- 7,540 Sq Ft Lot
- No Common Walls
- No Sprinklers
Parking
- 1 Car Garage
- Parking Available
- Driveway
Interior Spaces
- 2,296 Sq Ft Home
- 1-Story Property
- Gas Cooktop
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 94
- Tax Tract Number 550901
- Assessor Parcel Number 6254014032
Community Details
Overview
- 3 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,984
- Trash Expense $1,080
- Water Sewer Expense $660
- Operating Expense $20,419
- Net Operating Income $58,781
Map
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 | $7,113 | $529,639 | $314,008 | $215,631 |
2024 | $7,113 | $519,254 | $307,851 | $211,403 |
2023 | $6,883 | $509,073 | $301,815 | $207,258 |
2022 | $6,555 | $499,093 | $295,898 | $203,195 |
2021 | $6,369 | $489,308 | $290,097 | $199,211 |
2020 | $6,276 | $484,292 | $287,123 | $197,169 |
2019 | $6,173 | $474,797 | $281,494 | $193,303 |
2018 | $5,933 | $465,488 | $275,975 | $189,513 |
2016 | $5,745 | $447,414 | $265,259 | $182,155 |
2015 | $5,663 | $440,694 | $261,275 | $179,419 |
2014 | $5,364 | $432,062 | $256,157 | $175,905 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | For Sale | $1,275,000 | -- | $555 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Old Republic Title Company | |
Grant Deed | $430,000 | Lawyers Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $392,000 | New Conventional | |
Closed | $406,000 | New Conventional |
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-23417

APN: 6254-014-032
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