$700,000
●
House -
Off Market
8252 Lankin Street
Downey, CA 90242
2 Beds
1 Bath
934 Ft²
$3,438
Est. Monthly
About This Property
3 SEPERATE STRUCTURES - MAIN HOUSE, REAR UNIT, DETACHED 2 CAR
GARAGE - AMAZING ADU OPPORTUNITIES! Welcome to this inviting
2-bedroom, 1-bathroom home situated on a spacious 6,697 sq.ft. lot
in one of Downey's most sought-after neighborhoods. With 934 sq.ft.
of comfortable living space, this home offers the perfect blend of
character, functionality, and potential. Step inside to discover a
warm, light-filled interior with a functional layout. The detached
2-car garage and long driveway provide ample parking for multiple
vehicles, RVs, or future development.
There is also the exciting potential for two ADUs on the property (buyer to verify), offering buyers a rare opportunity for expansion, rental income, or multigenerational living. Enjoy outdoor living year-round with a covered patio, perfect for entertaining, weekend BBQs, or simply relaxing in your private backyard oasis. The large lot also offers endless potential for gardening, play areas, or future expansion.
Located in a quiet, established neighborhood near top-rated schools, parks, shopping, and freeways-this property combines convenience with opportunity.
There is also the exciting potential for two ADUs on the property (buyer to verify), offering buyers a rare opportunity for expansion, rental income, or multigenerational living. Enjoy outdoor living year-round with a covered patio, perfect for entertaining, weekend BBQs, or simply relaxing in your private backyard oasis. The large lot also offers endless potential for gardening, play areas, or future expansion.
Located in a quiet, established neighborhood near top-rated schools, parks, shopping, and freeways-this property combines convenience with opportunity.
Unit Size
934 Ft²
Days on Market
55 days
Land Size
0.15 acres
Price per sqft
$749
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #DW25177835)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by J A T S Enterprises, Inc. | $700,000 | |
| Listed by J A T S Enterprises, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Downey
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Listed by: Jeanet Salazar, J A T S Enterprises, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW25177835
Last Updated: 2 years ago
Data Source: CRMLS, MLS# DW25177835
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