$725,000
●
House -
Off Market
8264 Lankin
Downey, CA 90242
2 Beds
1 Bath
997 Ft²
$3,560
Est. Monthly
About This Property
Charming and full of potential, this beautifully maintained
2-bedroom, 1-bath home offers comfort, character, and room to grow!
Featuring 997 sq. ft. of inviting living space on a generous 6,672
sq. ft. lot, this property is perfect for first-time buyers,
downsizers, or anyone looking for a great investment
opportunity.
Step inside to a bright and welcoming layout filled with natural light and a warm, cozy atmosphere. The spacious backyard provides endless possibilities-ideal for entertaining, gardening, expanding the home, or even adding an ADU (buyer to verify).
The detached 2-car garage offers ample parking, storage, or potential for future conversion. With its large lot, functional floor plan, and fantastic outdoor space, this home delivers both comfort and versatility.
Don't miss this wonderful opportunity to own a property with great potential and plenty of room to make it your own!
Step inside to a bright and welcoming layout filled with natural light and a warm, cozy atmosphere. The spacious backyard provides endless possibilities-ideal for entertaining, gardening, expanding the home, or even adding an ADU (buyer to verify).
The detached 2-car garage offers ample parking, storage, or potential for future conversion. With its large lot, functional floor plan, and fantastic outdoor space, this home delivers both comfort and versatility.
Don't miss this wonderful opportunity to own a property with great potential and plenty of room to make it your own!
Unit Size
997 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$727
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: 7 months ago (CRMLS #DW26029487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Feb 22, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by J A T S Enterprises, Inc. | $725,000 | |
| Listed by J A T S Enterprises, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
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: 7 months ago
Data Source: CRMLS, MLS# DW26029487
Last Updated: 7 months ago
Data Source: CRMLS, MLS# DW26029487
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