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

    8555 Fontana St, Downey, CA 90241

    10beds
    6baths
    --sqft
    Multi Family
    Built in 1933
    -- sqft lot
    $1,182,000 Zestimate®
    $--/sqft
    $3,984 Estimated rent

    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 11, 2025 at 04:08am

    Listed by:

    Jonathan Weir DRE #02038545 707-225-2402,

    Marcus & Millichap

    Bought with:

    Luis Pinel, DRE #01996615

    Pak Home Realty

    Source: SDMLS,MLS#: 24-427689MLS LogoOriginating MLS: Southwest Los Angeles

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 2 Story
    Lot
    • Size: 9,631 sqft
    Details
    • Parcel number: 6255025069
    • Zoning: DOR2*
    • Zoning description: DOR2*

    Construction

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

    Community & neighborhood

    Location
    • Region: Downey
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,182,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,182,000