8428 5th, Downey, CA 90241

Description

Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.