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Sold for $1,200,000
  • $1,200,000

    8555 Fontana St, Downey, CA 90241

    10beds
    6baths
    3,526sqft
    Multi Family
    Built in 1933
    -- sqft lot
    $1,187,200 Zestimate®
    $340/sqft
    $3,221 Estimated rent

    Home value

    $1,187,200

    $1.07M - $1.32M

    $3,221/mo

    Zestimate® history
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    $3,221/mo

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    $3,221/mo

    Rent Zestimate®

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    $7,614/mo

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    $7,614/mo

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    What's special

    Private patiosFront yards
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Weir DRE # 02038545 707-225-2402,

    Marcus & Millichap 424-405-3900

    Bought with:

    Luis Pinel, DRE # 01996615

    Pak Home Realty

    Source: CLAW,MLS#: 24-427689MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Heating
    • Solar
    Cooling
    • Air Conditioning
    Appliances
    • Included: Range/Oven, Disposal
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Interior area
    • Total structure area: 3,526
    • Total interior livable area: 3,526 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    Lot
    • Size: 9,631 sqft
    Details
    • Additional structures: None
    • Parcel number: 6255025069
    • Zoning: DOR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1933

    Community & neighborhood

    Location
    • Region: Downey

    Price history

    DateEventPrice
    3/7/2025Sold$1,200,000-24.5%$340/sqft
    Source: CLAW #24-427689 Report a problem
    10/22/2024Pending sale$1,590,000$451/sqft
    Source: CLAW #24-427689 Report a problem
    9/30/2024Contingent$1,590,000$451/sqft
    Source: CLAW #24-427689 Report a problem
    9/10/2024Price change$1,590,000-9.7%$451/sqft
    Source: CLAW #24-427689 Report a problem
    8/14/2024Listed for sale$1,760,000+360.7%$499/sqft
    Source: CLAW #24-427689 Report a problem
    7/12/2010Sold$382,000-39.4%$108/sqft
    Source: Public Record Report a problem
    5/3/2005Sold$630,000+262.1%$179/sqft
    Source: Public Record Report a problem
    8/26/1998Sold$174,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,661 +1.3%$489,392 +2%
    2024$6,573 +3.4%$479,797 +2%
    2023$6,360 +7%$470,391 +2%
    2022$5,945 +2.6%$461,169 +2%
    2021$5,794 +1.5%$452,127 +1%
    2020$5,708 $447,492 +2%
    2019$5,708 +5.9%$438,719 +2%
    2018$5,393 $430,118 +2%
    2017$5,393 +1.7%$421,686 +2%
    2016$5,302 +1.4%$413,419 +1.5%
    2015$5,227 +7.2%$407,210 +2%
    2014$4,875 $399,235 +2.5%
    2012-- $389,640 +2%
    2011-- $382,000 -43.8%
    2010-- $680,312 -0.2%
    2009-- $681,930 +2%
    2008-- $668,560 +2%
    2007-- $655,452 +2%
    2006-- $642,600 +221.9%
    2005-- $199,604 +4%
    2004-- $191,855 +1.9%
    2003-- $188,340 +2%
    2002-- $184,648 +4%
    2000-- $177,480

    Find assessor info on the county website

    Neighborhood: 90241

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,187,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,187,200