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8555 Fontana St

3 Unit Apartment Building Offered at $2,262,952 CAD at a 5.64% Cap Rate in Downey, CA 90241

Investment Highlights

  • Owner Occupy / Investment Opportunities
  • Brand New ADU
  • Family Compound Dream Property
  • Two Turnkey Homes Delivered Vacant
  • Low Price Per Foot

Executive Summary

We are 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.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts In Escrow

Price $2,262,952 CAD
Price Per Unit $754,317 CAD
Sale Type Investment
Cap Rate 5.64%
Gross Rent Multiplier 12.56
No. Units 3
Property Type Multifamily
Lot Size 0.23 AC
Building Size 3,526 SF
No. Stories 1
Year Built 1933

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 1 $4,554 CAD 1,175
3+2 2 $5,230 CAD 1,175
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32751015

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 8555 Fontana St, Downey, CA 90241

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