8616 Alameda ST Downey, CA 90242

Cash Offers Only. Perfect for investors or private buyer looking for a below market cash buy and remodeling project. This great home is located just steps away from Downey's new and gorgeous shopping plaza with great restaurants and luxury movie theaters. Add a master suite and convert the 1 car garage into a 2 car garage to meet Downey City Ordinance and the investment will bring back big bucks! Comps in the area for a 3B/2B home come in at $485,000!!! Make a move fast, this home will not last. Note: Downey is one of LA County's most desirable Cities because of it's great school district and central location. Nested just South of Downtown LA and 15 minutes North of the OC, and right between the San Gabriel Valley and Beach communities. Gorgeous homes surround the City in it's prestigious neighborhood of NorthEast Downey. The perfect central location surrounded by the 605, 105, 710 and the 5 Freeways. Downey is also the first and former home of our Space Program.