For sale

Listed by: Lyon Stahl Investment Real Estate, Inc. • John Stiegler II • Contact: 310-447-2213

Price cut: $89.8K (7/8)

$1,498,000

8118 Alameda St, Downey, CA 90242

7beds

4,264sqft

$9,468/mo

Get pre-qualified

Duplex

Built in 1988

0.28 Acres Lot

$1,451,800 Zestimate^®

$351/sqft

$-- HOA

What's special

Central air conditioning

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.

97 days

861

40

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Entry/Foyer, Family Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom

Heating

Central

Cooling

Central Air

Appliances

Laundry: Inside

Features

Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 4,264 sqft

Property

Parking

Total spaces: 4
Parking features: Garage - Attached
Attached garage spaces: 4

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None

Lot

Size: 0.28 Acres
Features: Rectangular Lot

Details

Parcel number: 6259007053
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1988

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Curbs, Gutter(s), Storm Drain(s), Sidewalks

Location

Region: Downey

Financial & listing details

Price per square foot: $351/sqft
Tax assessed value: $1,298,916
Date on market: 5/19/2026
Cumulative days on market: 98 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

Estimated market value

$1,451,800

$1.38M - $1.52M

$5,762/mo

Price history

Date	Event	Price
7/8/2026	Price change	$1,498,000-5.7%$351/sqft
Source: CRMLS #SB26109340 Report a problem
5/19/2026	Listed for sale	$1,587,800+32.3%$372/sqft
Source: CRMLS #SB26109291 Report a problem
7/30/2021	Sold	$1,200,000-7.6%$281/sqft
Source: Public Record Report a problem
1/15/2021	Listing removed	$1,299,000$305/sqft
Source: CRMLS #DW20259404 Report a problem
12/22/2020	Listed for sale	$1,299,000+114.7%$305/sqft
Source: 24 Hour Real Estate #DW20259404 Report a problem
8/6/2014	Sold	$605,000-21.4%$142/sqft
Source: Public Record Report a problem
5/17/2014	Listed for sale	$769,999$181/sqft
Source: C-21 Home & Investment #DW14101814 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,298,916 +2%
2025	$16,177 +1.9%	$1,273,448 +2%
2024	$15,870 +3.5%	$1,248,480 +2%
2023	$15,329 +5.3%	$1,224,000 +2%
2022	$14,559 +54.7%	$1,200,000 +59.4%
2021	$9,411 +1.5%	$752,794 +1%
2020	$9,269	$745,076 +2%
2019	$9,269 +5.3%	$730,468 +2%
2018	$8,804	$716,146 +2%
2017	$8,804 +1.7%	$702,105 +2%
2016	$8,658 +1.6%	$688,339 +1.5%
2015	$8,518 -1.9%	$678,000 -7.4%
2014	$8,681	$732,000 +6.3%
2011	--	$688,419 +0.8%
2010	--	$683,274 -0.2%
2009	--	$684,898 +2%
2008	--	$671,470 +2%
2007	--	$658,305 +2%
2006	--	$645,398
2005	--	$645,398 +6%
2003	--	$608,971 +21.1%
2002	--	$503,000 +25.8%
2000	--	$400,000