8118 Alameda, Downey, CA 90242

$1,498,000

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List Price
$1,498,000
Price Change
▼ $89,800 1783501973
Status
ACTIVE
MLS#
SB26109291
Year Built
1988
Lot Size
12,016
Acres
0.28
Lot Location
2-5 Units/Acre
Days on Market
69
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

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.

Additional Information

Pool Description
None
Heat
Central
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$92,628
Operating Expense
30947

Listing courtesy of Listing Agent: John Stiegler II (johnnie@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.