8219 5th Street
Downey, CA 90241
Map
- – beds
- – baths
- – sqft
- 11,173 sqft lot
- 1924 build
- – on site
More homes
We are pleased to present 8219 5th Street, a 4-unit multifamily investment asset located in one of the most highly sought-after locations in the city of Downey. The subject property consists of four detached single-family homes on a spacious 11,173 square foot lot. Two of the houses are 2-bed/1-bath, and the other two are 1-bed/1-bath. The current rents are substantially below market, leaving a significant amount of upside for a new owner. Further growth opportunity lies in the potential to convert the detached 2-car garage into an ADU. The subject property has been in the same family for over 30 years and represents an excellent investment opportunity due to its phenomenal location and substantial potential for growth. LA County Tax Assessor is showing that the unit mix is all 1-bed / 1-bath. BUYER TO VERIFY ANY ADU POTENTIAL, INCLUDING THE EXISTING NUMBER OF UNITS, UNIT MIX, SQUARE FOOTAGE, AND YEAR BUILT WITH THE CITY OF DOWNEY. All Offers must include a current proof of funds and pre-approval letter.
Last checked:
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Last updated Jun 6, 2025
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MLS# 24396225 —
The Building
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Year Built:1924
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2596.00
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Total Number Of Units:4
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# of Buildings:4
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Stories Total:1
Interior
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Levels:One
Location
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Directions:North of Firestone Blvd and East of Paramount Blvd
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Latitude:33.94449300
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Longitude:-118.13129400
The Property
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Property Type:Residential Income
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Zoning:DOR3*
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Lot Size Area:11173.0000
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Lot Size Acres:0.2565
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Lot Size SqFt:11173.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6253004020
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage - Single Door, Driveway
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/5/24
Jun 5, 2024
|
BRIDGE | $1,280,000 | ||
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6/5/24
Jun 5, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,280,000 | |
|
5/24/24
May 24, 2024
|
Listed / Active | CRMLS_CA | $1,280,000 |
