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Sold for $1,200,000 on 03/07/25
  • $1,200,000

    8555 Fontana St, Downey, CA 90241

    10beds
    6baths
    3,526sqft
    Multi Family
    Built in 1933
    -- sqft lot
    $1,179,900 Zestimate®
    $340/sqft
    $3,235 Estimated rent

    Owner options

    List your home for rent

    $3,235/mo

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    $3,235/mo

    Rent Zestimate®

    Refinance and save

    $7,472/mo

    Est. payment

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    $7,472/mo

    Est. payment

    What's special

    We are pleased to present our newest exclusive listing in Downey. This triplex is comprised of three individual homes including a 4 bedroom 2 bathroom house, a 3 bedroom 2 bathroom brand new ADU, and a 3 bedroom2 bathroom house. All units are standalone and include either private patios, backyards, and front yards. The average unit sqft is in excess of 1175 sqft (buyer to verify) and two units are fully renovated and vacant. This opportunity jam packs value as you are able to acquire three homes at once at a major discount compared to recent sales. This property SCREAMS family compound where a family could occupy the two vacant homes and rent out the other or a solid investment opportunity boasting a nearly 5.64% cap rate with units rented at market. The property is priced well below on a price per foot basis relative to the comps. The property does not fall under any city rent control. Don't miss this rare opportunity to acquire a SoCal gem.

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2025 at 03:03am

    Listed by:

    Jonathan Weir DRE # 02038545 707-225-2402,

    Marcus & Millichap 424-405-3900

    Bought with:

    Luis Pinel, DRE # 01996615

    Pak Home Realty

    Source: CLAW,MLS#: 24-427689MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Heating
    • Solar
    Cooling
    • Air Conditioning
    Appliances
    • Included: Range/Oven, Disposal
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Interior area
    • Total structure area: 3,526
    • Total interior livable area: 3,526 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    Lot
    • Size: 9,631 sqft
    Details
    • Additional structures: None
    • Parcel number: 6255025069
    • Zoning: DOR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1933

    Community & neighborhood

    Location
    • Region: Downey
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    Estimated market value
    $1,179,900