Tour
#IV25116214, WALID MILAD, Listing office: RE/MAX TIME REALTY
#P1-22907·
Listing office: COMPASS·
Listing agent: Edward Uriarte·
Listing office phone: (626) 205-4040
$1,799,000 List price
8548 Manatee St Downey, CA 90241
0.2 acres
House
Property details
About 8548 Manatee St
What if your next move didn't just give you a place to live, but a way to earn while you live?Welcome to 8548 Manatee Street in Downey, where the opportunity isn't knocking, it's parked in the driveway.This isn't just a property. It's four income-generating units, spanning over 3,600 square feet of living space. Two of them offer 3 bedrooms and 1 bath. The other two? 2 bedrooms, 1 bath. Whether you're an investor looking to expand your portfolio or a homeowner ready to have your mortgage offset by rental income, this setup speaks your language.Each unit is bright, open, and welcoming, with just the right amount of charm to attract long-term tenants or create a community of neighbors. Outside, you have shared outdoor space with room to breathe, unwind, or build something special. And yes, off-street parking means fewer headaches and happier residents.Location? You're in the heart of Downey. Minutes from 5, 710, 105, and 605. Close to the energy of the Promenade, the culture of the Downey Theatre, and the addictive pull of Porto's Bakery. You already know the area's thriving--now's your chance to own a piece of it.Bottom line? You don't have to choose between lifestyle and leverage. At 8548 Manatee, you get both.So, ask yourself: What's this opportunity worth to you... If you let it slip away?4 Units8548- 3/ 1.0/ $2,450.008550- 2/ 1.0/ $2,250.008554- 3/ 1.0/ $2,530.008556- 2/ 1.0/ $2,250.00Total Income: $9,480
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2403 Acres
Year built1962
ParkingDriveway, Garage
MLS #P1-22907
Garage2 spaces
Summary
- Appliances: Gas Cooktop, Gas Oven
- Fireplace: None
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Driveway, Garage
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $1,799,000
- HOA Amount: $0
- Annual Tax Amount: $11,713
- Tax Year: 2024
- Directions: Southeast Downey, S of Firestone, E of Downey (D4)
- Year Built: 1962
- Lot Size: 0.2403 Acres
- MLS Number: P1-22907
- 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: 7/25/2025, 12:55:29 AM 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 |
|---|---|---|
| Jun 18, 2010 | Home Sold | $691,000 |
| Jul 25, 1997 | Home Sold | $325,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $874,333 | $11,713 |
| 2023 | $857,190 | $11,328 |
| 2022 | $840,383 | $10,781 |
| 2021 | $823,906 | $10,494 |
| 2020 | $815,458 | $10,176 |
| 2019 | $799,469 | $9,817 |
| 2018 | $783,794 | $9,654 |
| 2017 | $768,426 | $9,654 |
History based on county public records data.
Nearby schools
7
Alameda Elementary School
Public District KG-3
0.6 mi
•8613 Alameda St
5
Gauldin Elementary
Public District KG-5
1.1 mi
•9724 Spry St
6
Rio San Gabriel Elementary
Public District KG-5
1.1 mi
•9338 Gotham St
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 $42,500. Residents of Downey, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
48%
35k-100k
11%
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?
40%
Single, No Kids
20%
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?
18%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
34%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8548 Manatee St
The listing price of 8548 Manatee St property is $1,799,000.
The property 8548 Manatee St is a house located in Downey, California, 90241.
Active Listing: 8548 Manatee St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8548 Manatee St are: Alameda Elementary School (GreatSchools Rating 7/10), Gauldin Elementary (GreatSchools Rating 5/10), Rio San Gabriel Elementary (GreatSchools Rating 6/10), Sussman Middle School (GreatSchools Rating 6/10), Doty Middle School (GreatSchools Rating 7/10), Stauffer Middle School (GreatSchools Rating 7/10), 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 $11,713 (source: MLS/based on county public records data).
The last sale was on June 18, 2010 for $691,000 (source: MLS/tax record).
The property at 8548 Manatee St has 0 bathroom.
The year of construction for 8548 Manatee St is 1962.
This home is located at 8548 Manatee St in Downey, CA and zip code 90241 in the The Southeast neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $1,799,000.
In June 2025, from all listings sold in Downey, CA there were more than 17 sold above asking price, over 7 sold below and more than 5 were sold right at the asked price. In June 2025 in Downey, CA there were 9.2% less homes for sale than in May. Listings spent 35 days on the market in June 2025, and had a median list price of $860,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.