Multifamily
8555 Fontana St
8555 Fontana St, Downey, CA 90241
Listing Price: $1,590,000
Investment Overview
The Weir Group is 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 bedroom 2 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.
Investment Highlights
- Owner Occupy/Investment Opportunities
- Two Turnkey Homes Delivered Vacant
- Brand New ADU
- Low Price Per Foot
- Family Compound Dream Property
Exclusively Listed By
Financing By
Listing Price: $1,590,000
Investment Highlights
- Owner Occupy/Investment Opportunities
- Two Turnkey Homes Delivered Vacant
- Brand New ADU
- Low Price Per Foot
- Family Compound Dream Property
Investment Overview
The Weir Group is 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 bedroom 2 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.