4 days on Rocket
#P1-23397, Edward Uriarte, Listing office: COMPASS
#P1-23417·
Listing office: COMPASS·
Listing agent: Edward Uriarte·
Listing office phone: (626) 205-4040
$1,275,000 List price
8416 5th St Downey, CA 90241
0.2 acres
House
Property details
About 8416 5th St
What's it worth to control the game instead of just playing in it?At 8416, 8418, & 8420 5th St in Downey, you're not just buying real estate--you're stepping into leverage. This isn't a 'maybe later' opportunity. It's staring you in the face right now. And the real question is: What happens if someone else gets to it before you do?Here's the deal:Three separate 2-bedroom, 1-bath units. Over 2,296 square feet of income-producing potential. Whether you're looking to scale your portfolio, live in one and rent the others, or fully lease it out, this setup starts paying you back from day one.Each unit is open, bright, and welcoming designed not just to attract tenants, but to keep them. Shared outdoor space adds value and livability, while off-street parking keeps complaints off your phone. In other words: low friction, high function.And the location? You already know. Downey's in motion. You're minutes from the 5, 710, 105, and 605 freeways. The Promenade, the Downey Theatre, and Porto's are your backyard. This isn't up-and-coming. It's already arrived.So now the real negotiation begins with yourself. Are you going to wait and watch? Or are you going to control the asset and make the market work for you? Because at 8416, 8418, & 8420 5th St., you're not just buying property.You're buying options. Cash flow. Control.And if you're not the one making the move... someone else will. Think of Your Future3 UnitsCurrent Rents8416 - 2/ 1 - $2,0508418 - 2/ 1 - $2,2008420 - 2/1 - $2,350Total Income: $6,600Rent September 1st8416 - 2/ 1 - $2,2008418 - 2/ 1 - $2,3008420 - 2/1 - $2,450Total Income: $6,950
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Lot size0.1731 Acres
Year built1955
ParkingDriveway, Garage
MLS #P1-23417
Garage1 space
Summary
- Appliances: Gas Cooktop
- Fireplace: None
- Garage Space: 1 space
- Private Pool: No
- Parking: Driveway, Garage
- Heating: Wall Furnace
- Cooling: None
- List Price: $1,275,000
- HOA Amount: $0
- Annual Tax Amount: $7,113
- Tax Year: 2024
- Directions: N of Firestone east of Downey
- Year Built: 1955
- Stories: 1
- Lot Size: 0.1731 Acres
- MLS Number: P1-23417
- MLS Name: CRMLS
- Office Name: COMPASS
- Office Phone: (626) 205-4040
- Office Email: kathy@compass.com
- Listing Agent: Edward Uriarte
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 10:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 07, 2011 | Home Sold | $430,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $519,254 | $7,113 |
| 2023 | $509,073 | $6,883 |
| 2022 | $499,093 | $6,554 |
| 2021 | $489,308 | $6,368 |
| 2020 | $484,292 | $6,173 |
| 2019 | $474,797 | $5,932 |
| 2018 | $465,488 | $5,832 |
| 2017 | $456,362 | $5,832 |
History based on county public records data.
Nearby schools
6
Rio Hondo Elementary
Public District KG-5
0.8 mi
•7731 Muller St
6
Rio San Gabriel Elementary
Public District KG-5
1.0 mi
•9338 Gotham St
6
Gallatin Elementary
Public District KG-5
1.1 mi
•9513 Brookshire Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,963. Most Downey, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
35%
<35k
59%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
19%
Single, with Kids
15%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Pro Boxing
Where do the neighbors shop?
Banana Republic
H&M
IKEA
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Quiznos
What do the neighbors drive?
Toyota
Volkswagen
Lexus
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8416 5th St
The listing price of 8416 5th St property is $1,275,000.
The property 8416 5th St is a house located in Downey, California, 90241.
Active Listing: 8416 5th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8416 5th St are: Rio Hondo Elementary (GreatSchools Rating 6/10), Rio San Gabriel Elementary (GreatSchools Rating 6/10), Gallatin Elementary (GreatSchools Rating 6/10), Doty Middle School (GreatSchools Rating 7/10), Griffiths Middle School (GreatSchools Rating 7/10), Sussman Middle School (GreatSchools Rating 6/10), Downey High School (GreatSchools Rating 8/10), Warren High School (GreatSchools Rating 7/10), Columbus (Christopher) High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $7,113 (source: MLS/based on county public records data).
The last sale was on December 7, 2011 for $430,000 (source: MLS/tax record).
The property at 8416 5th St has 0 bathroom.
The year of construction for 8416 5th St is 1955.
This home is located at 8416 5th St in Downey, CA and zip code 90241 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $1,275,000.
Downey, CA housing market in June 2025 saw over 17 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. In June 2025 in Downey, CA there were 9.2% less homes for sale than in May. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $860,000.
From Rocket Homes Real Estate and based on county public records data.