Seller's Agent in 2025
Edward Uriarte
COMPASS
(310) 463-2270
39 Total Sales
8548 Manatee St Downey, CA 90241
Estimated Value: $1,644,000 - $1,856,000
10
Beds
4
Baths
3,616
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Private Yard
- Cooling System Mounted To A Wall/Window
- Bike Trail
- Downey High School Rated A-
- 2 Car Garage
- Wrought Iron Fence
About This Home
As of August 2025What if your next move didn't just give you a place to live, but a way to earn while you live?Welcome to 8548 Manatee Street in Downey, where the opportunity isn't knocking, it's parked in the driveway.This isn't just a property. It's four income-generating units, spanning over 3,600 square feet of living space. Two of them offer 3 bedrooms and 1 bath. The other two? 2 bedrooms, 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 8548 Manatee, you get both.So, ask yourself: What's this opportunity worth to you... If you let it slip away?4 Units8548- 3/ 1.0/ $2,450.008550- 2/ 1.0/ $2,250.008554- 3/ 1.0/ $2,530.008556- 2/ 1.0/ $2,250.00Total Income: $9,480
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 10,468 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- 3,616 Sq Ft Home
- Property Attached
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 81
- Tax Tract Number 551
- Assessor Parcel Number 6255016062
Community Details
Overview
- 4 Buildings
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,834
- Trash Expense $1,740
- Water Sewer Expense $1,080
- Operating Expense $28,802
- Gross Income $113,760
- Net Operating Income $84,958
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2026
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2025
Closed on
Aug 21, 2025
Sold by
Bought by
Seller's Agent
Edward Uriarte
COMPASS
Buyer's Agent
Mina Abdelmalek
Realty One Group West
List Price
$1,799,000
Sold Price
$1,750,000
Premium/Discount to List
-$49,000
-2.72%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,312,500
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 24, 2025
Closed on
Jul 25, 2025
Sold by
Bought by
Seller's Agent
Edward Uriarte
COMPASS
Buyer's Agent
Mina Abdelmalek
Realty One Group West
List Price
$1,799,000
Sold Price
$1,750,000
Premium/Discount to List
-$49,000
-2.72%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
6.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2010
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 2010
Sold by
Bought by
Purchase Details
Closed on
Mar 4, 2009
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 26, 2001
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
7.7%
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Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Pacific Coast Title Company | ||
| $1,750,000 | Pacific Coast Title Company | ||
| -- | Old Republic Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Stewart Title Of Ca Inc | ||
| -- | -- | ||
| $325,000 | American Title Ins Co |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,312,500 | ||
| Previous Owner | $392,000 | ||
| Previous Owner | $312,000 | ||
| Previous Owner | $227,500 | ||
| Closed | $65,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Sold | $1,750,000 | -2.7% | $484 / Sq Ft |
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $1,799,000 | -- | $498 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax 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.
| 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 | $11,915 | $891,819 | $471,146 | $420,673 |
| 2024 | $11,714 | $874,333 | $461,908 | $412,425 |
| 2023 | $11,329 | $857,190 | $452,851 | $404,339 |
| 2022 | $10,781 | $840,383 | $443,972 | $396,411 |
| 2021 | $10,495 | $823,906 | $435,267 | $388,639 |
| 2020 | $10,341 | $815,458 | $430,804 | $384,654 |
| 2019 | $10,177 | $799,469 | $422,357 | $377,112 |
| 2018 | $9,817 | $783,794 | $414,076 | $369,718 |
| 2016 | $9,512 | $753,360 | $397,998 | $355,362 |
| 2015 | $9,377 | $742,045 | $392,020 | $350,025 |
| 2014 | $8,869 | $727,510 | $384,341 | $343,169 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Uriarte
-
Craig White
Seller Co-Listing Agent in 2025
Craig White
Sotheby's International Realty
(310) 415-8666
46 Total Sales
-
Mina Abdelmalek
Buyer's Agent in 2025
Mina Abdelmalek
Realty One Group West
(949) 201-6204
22 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-22907
APN: 6255-016-062
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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