8118 Alameda St - Apartments FOR SALE


Downey, CA 90242
$1,587,800 USD
310-447-2213
8118 Alameda St, Downey, CA for Sale
$1,587,800 USD
Apartments - FOR SALE
1/33
null | 3.38% Cap Rate

8118 Alameda St
Downey, CA 90242


HIGHLIGHTS

  • Two Detached Homes on One Lot
  • (1) 5 Bed/2 Bath (1) 2 Bed/2 Bath
  • 4,264 Sqft Building on 12,016 Sqft Lot
  • Built in 1988
  • Private 2-Car Garages & Central Air
  • Ample Parking in Downey

OVERVIEW

Exceptional opportunity to own a newer construction duplex featuring two detached homes on one large lot in a prime location in Downey. Built in 1988, this well-maintained property offers approximately 4,264 sqft of living space situated on an expansive 12,016 sqft lot. The front unit features 5 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 2 bathrooms, creating an ideal setup for owner-users, multigenerational living, or investors seeking strong rental potential. Each unit includes its own private 2-car garage, central air conditioning, and functional layouts designed for comfortable living. The oversized lot also provides ample parking and excellent utility, all conveniently located near shopping, dining, schools, and major freeway access. Rare opportunity to acquire a large income-producing property in a desirable Downey neighborhood.

FOR SALE DETAILS

PRICE

$1,587,800 USD

PRICE/SF

$372 USD /SF

# OF UNITS

2

PRICE/UNIT

$793,900

CAP RATE

3.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two Detached Homes on 12,016 SF Lot in Downey

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,041 SF

ZONING

DOR15000*

APN/PARCEL ID

6259-007-053

ASK ABOUT THIS PROPERTY

Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

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Johnnie StieglerLyon Stahl Investment Real Estate, Inc.More Info
310-447-2213

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.