For sale

Listed by: First Team Real Estate • Taylor Leitner • Contact: 562-596-9911

Price cut: $200K (5/26)

$2,100,000

8324 Alameda St, Downey, CA 90242

10beds

9baths

5,424sqft

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Mixed Use

Built in 1962

-- sqft lot

$-- Zestimate^®

$387/sqft

$-- HOA

What's special

Fantastic investment opportunity in the heart of Downey! This 8-unit complex features a total of 10 bedrooms and 10 bathrooms across all units. The property offers an on-site shared laundry room for tenant convenience and includes 10 parking spaces located in the rear. There is a 12 month cash flow attached in the supplements.

239 days

234

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 9

Appliances

Included: Dryer, Washer
Laundry: Common Area, Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 5,424
Total interior livable area: 5,424 sqft

Property

Parking

Total spaces: 10

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 10,072 Square Feet
Features: 6-10 Units/Acre

Details

Parcel number: 6261005031
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1962

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Downey

Financial & listing details

Price per square foot: $387/sqft
Date on market: 11/7/2025
Cumulative days on market: 239 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Total actual rent: 11410

Estimated market value

Not available

Estimated sales range

Not available

$2,092/mo

Price history

Date	Event	Price
5/26/2026	Price change	$2,100,000-8.7%$387/sqft
Source: CRMLS #PW25255820 Report a problem
2/5/2026	Price change	$2,300,000-8%$424/sqft
Source: CRMLS #PW25255820 Report a problem
11/7/2025	Listed for sale	$2,500,000$461/sqft
Source: CRMLS #PW25255820 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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