About this home

Rare residential income opportunity in Downey! This versatile 3-unit property features a 3-bedroom, 2-bath main residence along with two additional 2-bedroom, 2-bath apartments, offering a total of 7 bedrooms and 6 bathrooms across the property. Each unit provides its own living space, kitchen, bedrooms and bathrooms, creating an excellent setup for an investor, owner-occupant, or multi-generational household. The property also offers excellent off-street parking: each rear apartment has its own carport, while the front residence has a dedicated garage. A long driveway provides convenient access to the rear units and parking areas. The spacious layouts and multiple living areas offer tremendous potential for buyers looking to add value over time. Live in the main house while generating income from the two additional units, lease all three for an investment opportunity, or take advantage of the property's flexible configuration for extended family living. Conveniently located in Downey with access to shopping, dining, schools, freeways and surrounding communities. Three separate residences, ample parking and multiple income possibilities make this a unique opportunity with incredible potential.

Facts and features

Schools

• Downey High School

  high · 9-12 · 0.2 mi

  6

• Doty Middle School

  middle · 6-8 · 0.9 mi

  7

• Gallatin Elementary School

  elementary · K-5 · 1.1 mi

  7

• Children's Academy Of Success

  elementary · PK-K · 0.3 mi

• Our Lady Of Perpetual Help Elementary School

  elementary · K-8 · 0.4 mi

• St. Mark's Elementary School

  elementary · PK-8 · 0.5 mi

Price history

• Oct 22, 2026 · Listed$1,489,000
• Jan 24, 1984 · Sold$148,000

Tax history

• 2025$7,249 tax · $526,382 assessed
• 2024$7,099 tax · $516,062 assessed
• 2023$6,874 tax · $496,025 assessed
• 2022$6,552 tax · $486,300 assessed
• 2021$6,354 tax · $476,765 assessed
• 2020$6,263 tax · $471,878 assessed
• 2019$6,198 tax · $462,626 assessed
• 2018$5,936 tax · $453,556 assessed

Home value

$1,435,000

• Collateral Analytics$1,435,000

Where it is