Downey, CA 90241,8548 Manatee ST
Downey, CA 90241,8548 Manatee ST
Downey, CA 90241,8548 Manatee ST
Downey, CA 90241,8548 Manatee ST
Downey, CA 90241,8548 Manatee ST
Downey, CA 90241,8548 Manatee ST
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$1,750,000

$1,799,000

2.7%
Est.Price: ?

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Est. payment /mo

10,467 Sqft Lot


SOLD DATE : 08/27/2025

Key Details

Sold Price $1,750,000

Property Type Residential Income

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-22907

Year Built 1962

Lot Size 10,467 Sqft

Property Description

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

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Wrought Iron

Pool None

Community Features Biking, Curbs, Sidewalks

View Y/N No

View None

Building

Lot Description Yard

Story One

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Edward Uriarte COMPASS
Bought with Mina Abdelmalek Realty One Group West
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+1(619) 602-2162

assaf@homesbyassaf.com

Bankers Hill: 410 Kalmia St, Diego, CA, 92101

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