$2,100,000
-$200,0008324 Alameda, Downey CA 90242
Multi-Family (8 Units)
Property type
210 days
On market
$387
Price per sqft
0 cars
Garage
1962
Year built
10,072 sqft
Lot size
Open Houses
Overview
Fantastic investment opportunity in the heart of Downey! This 8-unit complex features a total of 10 bedrooms and 10 bathrooms across all units. The property offers an on-site shared laundry room for tenant convenience and includes 10 parking spaces located in the rear. There is a 12 month cash flow attached in the supplements.
Listing provided by: Taylor Leitner DRE #02165278, First Team Real Estate, Steve Leitner DRE #01310869, First Team Real Estate
Listing updated: May 26, 2026 at 03:28pm.
Last checked: Jun 5, 2026 at 09:31pm
Source: CRMLS #PW25255820
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $0 | $0 | $1,800 | Unfurnished |
| 1 | 2 | 2 | — | $1,675 | $1,675 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $1,450 | $1,480 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,400 | $1,400 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,430 | $1,480 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,370 | $1,370 | $1,800 | Unfurnished |
| 1 | 2 | 1 | — | $1,625 | $1,625 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,265 | $1,375 | $1,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: No
Units Leased: 8
Total Actual Rent: $11,410
Financial Snapshot
Gross Rent Multiplier
184.0x
List Price / Annual Gross Rent
Cap Rate
4.64%
NOI / List Price
Gross Scheduled Income: $11,410
Operating Expense: $0
Net Operating Income: $97,339
Annual Operating Expenses
Electric: $315
Fuel: $0
Insurance: $7,000
Professional Management: $6,148
Trash: $0
Water / Sewer: $0
Interior
Appliances: Dryer, Washer
Laundry: Common Area, Inside, Dryer Included, Washer Included
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6261005031
Additional Parcels: No
Tax Lot: 0
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 8324 Alameda, Downey, CA 90242. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,680,000
Total Interest
$2,142,747
Total Payment
$3,822,747
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,956
per month
Property History for 8324 Alameda
Downey Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90242.
Similar Homes
Listings with similar prices to 8324 Alameda