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.
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
What's special
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#: 24-427689
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