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Sold for $1,200,000 · Sep 2025

SOLD

Listed at $1,275,000

Sold

8416 5th Street, Downey, CA 90241

Downey, CA

MLS# P1-23417

2,296 Sq Ft • Property
13 days on market

Listing Agent

Edward Uriarte

Listing Agent

COMPASS

DRE #: 01102702

Brokerage: COMPASS

Property Details

N/A

Bedrooms

0

Bathrooms

2,296 sqft

Square Feet

1955

Year Built

7,540 sqft

Lot Size

$523

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Property

Property Type

Description

What's it worth to control the game instead of just playing in it?At 8416, 8418, & 8420 5th St in Downey, you're not just buying real estate--you're stepping into leverage. This isn't a 'maybe later' opportunity. It's staring you in the face right now. And the real question is: What happens if someone else gets to it before you do?Here's the deal:Three separate 2-bedroom, 1-bath units. Over 2,296 square feet of income-producing potential. Whether you're looking to scale your portfolio, live in one and rent the others, or fully lease it out, this setup starts paying you back from day one.Each unit is open, bright, and welcoming designed not just to attract tenants, but to keep them. Shared outdoor space adds value and livability, while off-street parking keeps complaints off your phone. In other words: low friction, high function.And the location? You already know. Downey's in motion. You're minutes from the 5, 710, 105, and 605 freeways. The Promenade, the Downey Theatre, and Porto's are your backyard. This isn't up-and-coming. It's already arrived.So now the real negotiation begins with yourself. Are you going to wait and watch? Or are you going to control the asset and make the market work for you? Because at 8416, 8418, & 8420 5th St., you're not just buying property.You're buying options. Cash flow. Control.And if you're not the one making the move... someone else will. Think of Your Future3 UnitsCurrent Rents8416 - 2/ 1 - $2,0508418 - 2/ 1 - $2,2008420 - 2/1 - $2,350Total Income: $6,600Rent September 1st8416 - 2/ 1 - $2,2008418 - 2/ 1 - $2,3008420 - 2/1 - $2,450Total Income: $6,950

Listing description from the September 2025 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
None
Heating
WallFurnace

Sale history for 8416 5th Street

1 recorded sale

$1,200,000
Sold September 2025 · listed $1,275,000, on market July 2025, 13 days on market · MLS #P1-23417 · Source: CRMLS
Listing Agent: Edward Uriarte · Listing Office: COMPASS · Contact: (626) 205-4040 · Bought with: Angel Martinez · Scott Properties Group

How this sale compares

8416 5th Street sold for $1,200,000 in September 2025, 5.9% under its $1,275,000 list price, after 13 days on the market. Across 82 closed sales in 90241 over the last 12 months, the median sold price is $924,500 and the median is $571 per square foot.

$571
90241 median per sq ft (12 mo)
$924,500
90241 median sold price (12 mo)
82
Closed sales in 90241 (12 mo)
13
Days on market
−5.9%
Sold vs. list price
QuarterClosed sales in 90241Median sold price
Q1 20268$892,500
Q2 202635$961,000
Q3 202629$975,000
Q4 202610$760,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Downey · Homes for sale in 90241

Recent sales near 8416 5th Street

Closed sales reported in 90241, nearest first, last 12 months. All recent sales in Downey →

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