8555 Fontana St, Downey, California, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$1,760,000

8555 Fontana St
Downey, California, United States

10bd 5ba

Listed By: Realtyww Info

Listed On: 08/17/2024

Listing ID: GL11581466 View More Details

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 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% 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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Listed by: Jonathan Weir