8555 Fontana Street

Downey, CA 90241

  • 10 Bed(s)
  • 0 Bath(s)
  • 3,526 Sqft
  • 9633
    Sqft(Lot)
$1,590,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46637078

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Property Details

  • Bedroom Information

    • Total Bedrooms : 10

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Disposal

    Heating Source

    • Solar
    • Has Heating

  • Building Information

    • Year Built: 1933
    • Building Area Total: 3,526

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2211
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9633

  • Listing Price Information

    • Original List Price: 1,590,000
    • Listing Contract Date: 2024-08-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 6255025069

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: D4 - Southeast Downey, S of Firestone, E of Downey
    • Postal Code Plus 4: 5133
    • Directions: Fontana St & Patton Rd
    • Zoning: DOR2*
    • Source Property Type: Residential Income
    • Area: D4 - Southeast Downey, S of Firestone, E of Downey

    Building and Construction

    • Property Age: 91
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 3526
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 07:07

  • MLS: 24427689
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is recently sold, it has 3,526 sqft, 9,633 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Downey , in zip code 90241, this Los Angeles County Home are nearby neighborhoods.