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Listed by The Ave, Joshua Glaz, Listing Contact: 562-413-9399

$1,489,000

8428 5th, Downey CA, 90241

Price per sqftN/A
Built in1924
Property typeMulti-family

Overview

Active

Listed Oct 22, 2026

Updated 1h ago

Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.

$9,906/mo

Est. mortgage payment based on a $1,489,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRDW26227382

Interior Features

Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by The Ave, Joshua Glaz DRE:01856858,
Listing Contact: 562-413-9399 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jesse Minwoo Kim | CA DRE# 02151457 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jesse Minwoo Kim | CA DRE# 02151457 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 9:17 PM UTC, 10/23/2026

 

 

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