8039 4th Street
About This Property
The bright, open interior features new vinyl plank flooring, recessed lighting, dual-pane windows, and interior/exterior doors.
The gourmet kitchen showcases a spacious center island with bar seating, creating the perfect hub for meal prep, casual dining, and entertaining. It is beautifully appointed with solid wood shaker cabinets, quartz countertops, a polished porcelain backsplash, and premium GE stainless steel appliances, including a 5-burner gas range, microwave, dishwasher, and vent hood.
Both bathrooms showcase high-end upgrades, each with dual sinks, stylish vanities, and contemporary fixtures. The primary ensuite bath offers a walk-in shower with a rainhead, while the secondary bath highlights dual sinks with an oversized walk-in shower equipped with dual controls and rainheads.
In addition to a spacious primary bedroom, this suite offers direct access to the backyard through a patio door, along with an additional versatile area that can be used as an exercise room, home office, or personalized retreat to fit your lifestyle.
The detached two-car garage includes epoxy flooring and a new motorized opener. Additionally, a separate and spacious laundry room offers washer/dryer hookups, a utility sink, and a large workstation with cabinets.
Additional upgrades include a brand-new roof, central A/C with Ecobee smart thermostat, new ductwork, and updated plumbing and electrical throughout. The finished garage includes epoxy flooring and a new motorized opener.
Outside, the home shines with fresh stucco and paint, new concrete hardscape, an automated sprinkler system, lush landscaping with grass and turf accents, and even a small putting green to add a fun touch, ready for playtime and relaxation.
This move-in ready home offers the perfect blend of function, comfort, and style in one of Downey's most sought-after neighborhoods.
Conveniently located near schools, shopping, dining, and easy freeway access.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Listed by Caliber Real Estate Group | $1,099,999 | |
| Listed by Caliber Real Estate Group | |||
| May 26, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | Listed by 24 Hour Real Estate | $799,000 | |
| Listed by 24 Hour Real Estate | |||
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Traditional charming home featuring generous classic floor plan just blocks from the heart of Downey. Home is located in a wonderful central location. Large eat-in kitchen overlooks sprawling yard plus lovely front room and cozy back den. House primarily in dated original condition without renovation and updates. Detached extra large 2 car garage with small adjacent room. In 1964, the den, back bedroom, back bathroom and side room at garage were completed. Square Footage is 1,666 and lot size is 5,759. The pictures tell the story.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017