Keegan Cin | Realtor® | License # DRE 01971604

Property

Downey, CA 90241 8328 Texas Street

8328 Texas Street Downey, CA - Image 18328 Texas Street Downey, CA - Image 28328 Texas Street Downey, CA - Image 3
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Presented By: Edward Uriarte with COMPASS;
  • MLS# P122050
  • 05/04/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 1
  • SQFT • 1,572
  • Year Built • 1930

Home Details

2 Units in Downey8328-2/1.0/ $2,200.00 8330-2/1.0/ $2,200.00 Welcome to 8328 Texas Street, Downey, CA! Featuring 2 units, this spacious multi-family property is a fantastic investment opportunity as a rental property or a great place to call home - live in one unit and rent out the rest! Each spacious unit includes bright and inviting interiors, including 2 bedrooms and 1 bath. Outside, you'll find plenty of space for all units to share. The property also offers off-street parking for convenience. Some units offer yard space - great for a patio or gardening. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 8328 Texas Street in Downey. Community, dining, shopping, and entertainment are just minutes away, including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex, and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your investment portfolio. 🏡
Presented By: Edward Uriarte with COMPASS;

Interior Features for 8328 Texas Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside

General for 8328 Texas Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate2.7
Carport Y/NNo
CityDowney
Community FeaturesCurbs, StreetLights
CoolingNone
CountyLos Angeles
DirectionsSouth of Firestone, East of Downey
Electric On Property Y/NNo
Expected Active Date 2025-05-05
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1297.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7643.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income32555.0
New ConstructionNo
Operating Expense20245.0
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameNot Applicable
Tax Lot6
Taxes$14,640
Trash Expense1668.0
ViewNone
Water Sewer Expense1080.0
Year Built1930
Year Built SourceAssessor

Exterior for 8328 Texas Street

Building Area Total1572.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersNone
Lot Size Acres0.1755
Lot Size Area7643.0
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $950,000
MLS#P122050
List Date 05/04/2025
Property Type Multi-Family
Request Tour
Request Info

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