8324 Alameda

Downey, CA 90242

$2,500,000
Price
—
Beds
—
Baths
5,424 Sq. Ft.
$461 / Sq. Ft.
5,424
Sq. Ft.
$461
per Sq. Ft.
a front view of a house with a yard
a front view of a house with garden
a view of a building with a yard
a utility room with dryer and washer

Description

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.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.
  1. Listed by Taylor Leitner • DRE #02165278 • Brokerage DRE #01008773 • First Team Real Estate
  2. Listed by Steve Leitner • DRE #01310869 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 8324 Alameda

Parking Spaces Total
10
Private Pool
No
Total Units
36.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5424
Assessor Parcel Number
6261-005-031
Property Attached YN
true
LISTING UPDATED: 11/05/2025 04:07 AM

Property Details for 8324 Alameda

StatusActive
MLS #PW25254022
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1962
Lot Size0.23 AC / 10,072 SF
CountyLos Angeles County

Location

Listing Courtesy of First Team Real Estate, Taylor Leitner, DRE #02165278; First Team Real Estate, Steve Leitner, DRE #01310869
Add your commute

Building Information for 8324 Alameda

Stories2Residences-Year Built1962Building Size-Lot Size0.23 AC / 10,072 SF

Payment Calculator

$12,185 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,185

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8324 Alameda

Income / Expense / Tax Details
Income Details
  • Gross Income: $117,895
  • Gross Scheduled Income: $11,410
  • Net Operating Income: $97,339
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $315
  • Insurance Expense: $7,000
  • Professional Management Expense: $6,148
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $20,556
Tax / Assessment Info
  • Tax Tract Number: 5512.04
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Sidewalks
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Land Use: Multi-Family
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Building Name: Colonial Arms
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,195
  • Unit Type Total Rent: $1,195
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,675
  • Unit Type Total Rent: $1,675
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,430
  • Unit Type Total Rent: $1,430
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,370
  • Unit Type Total Rent: $1,370
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,625
  • Unit Type Total Rent: $1,625
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,265
  • Unit Type Total Rent: $1,265
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8

Property History for 8324 Alameda

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Listed (Active)

CLAW #PW25255820MR

$2,500,000—
Nov 7, 2025

Listed (Active)

CRMLS #PW25255820

$2,500,000—
Nov 4, 2025

Listed (Active)

CRMLS #PW25254022

$2,500,000—
DateEvent & SourcePrice
11/07/2025

Listed (Active)

CLAW #PW25255820MR

$2,500,000
11/07/2025

Listed (Active)

CRMLS #PW25255820

$2,500,000
11/04/2025

Listed (Active)

CRMLS #PW25254022

$2,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8324 Alameda

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Carpenter Elementary School
Public - K to 3
Alameda Elementary School
Public - K to 5
Sussman Middle School
Public - 6 to 8
Downey High School
Public - 9 to 12
Rating
School
Distance
Carpenter Elementary School
PublicK to 3

Alameda Elementary School
PublicK to 5

Sussman Middle School
Public6 to 8

Downey High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 8324 Alameda, Downey, CA 90242

8324 Alameda is a mixed use property for sale in Downey, CA 90242. This property was listed for sale on November 4, 2025 by First Team Real Estate, it's currently listed at $2,500,000. This listing's school district is Downey Unified School District. Nearby schools include Carpenter Elementary School, Alameda Elementary School and Sussman Middle School. 8324 Alameda is a 0-bed, 0-bath, 5,424 sqft mixed use property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Taylor Leitner, DRE #02165278; First Team Real Estate, Steve Leitner, DRE #01310869

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.