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Image 1 - 8555 Fontana St, Downey, California, 90241 - House for sale
Image 2 - 8555 Fontana St, Downey, California, 90241 - House for sale
Image 3 - 8555 Fontana St, Downey, California, 90241 - House for sale
Image 4 - 8555 Fontana St, Downey, California, 90241 - House for sale
Image 5 - 8555 Fontana St, Downey, California, 90241 - House for sale
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Fontana St, Downey, Home For Sale
8555 Fontana St, Downey, California, 90241

Fontana St, Downey, Home For Sale

house for sale
Listed: 08/19/24

8555 Fontana St, Downey, California, 90241

10 Bed:
5 Bath:
1,826 Sq Ft Living Area:
Save
Price
$ 1,76M

About This House

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 propertySCREAMSfamily compound where a family could occupy the two vacant homes and rent out the other or a solid investment opportunity boasting a nearly 5% 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.

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Downey Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In July 2024, the asking price for 3 bed houses for sale in/near Downey, United States averaged $938,292, an increase of 1.3% from the previous month.
Median price trends for properties for sale in Downey, United States as of July 2024.

Household Income

Median household income: $68,162
Number of households: 32,696
The average household income in Downey, CA grew from $65,332 to $68,162 in the past year. This data is an estimate based upon 32,696 households in Downey, CA.
The chart below presents how household income is distributed in Downey, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Downey, CA compared to median property taxes around the country. The prevalent amount of property taxes in Downey, CA equals $3k+ , which is more than the national average.