8555 Fontana Street
Downey, CA 90241
- – beds
- – baths
- – sqft
- 9,633 sqft lot
- 1933 build
- – on site
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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.
Last checked:
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Last updated Mar 10, 2025
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MLS# 24427689 —
The Building
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Year Built:1933
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New Construction:No
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Building Area Total:3526.00
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Total Number Of Units:3
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# of Buildings:2
Interior
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Levels:Two
Location
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Directions:Fontana St & Patton Rd
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Latitude:33.93056900
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Longitude:-118.13297900
The Property
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Property Type:Residential Income
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Zoning:DOR2*
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Lot Size Area:9633.0000
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Lot Size Acres:0.2211
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Lot Size SqFt:9633.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6255025069
Heating & Cooling
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Heating:1
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Heating:Solar
Appliances
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Appliances:Disposal
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/30/24
Sep 30, 2024
|
BRIDGE | $1,590,000 | ||
|
9/30/24
Sep 30, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,590,000 | |
|
9/10/24
Sep 10, 2024
|
Price Changed | CRMLS_CA | $1,590,000 | -9.7% |
