8110 3rd, Downey, California 90241, Downey, 90241 - 4 bed, 2 bath
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Downey, California 90241
This Historic Development Asset enters the market at $1,200,000, reflecting a strategic premium over the $962,891 Fair Market Value due to its Exceptional Development Potential. Located in the heart of Downtown Downey, the property is zoned for up to 17 units, offering high-density Mixed-Use Commercial versatility. While the 1906 structure holds a Poor Condition Rating, the 8,782 sqft lot near Warren High School provides significant long-term upside. Note that specific lot portions remain with the landlord, requiring careful due diligence. This is a complex, high-reward acquisition for Developers or Commercial Investors.
Property is extensive renovation needed.
Built in 1906, this property is over a century old. While the exterior appears maintained, there are no interior images provided, especially of the kitchen and bathrooms, which is a significant red flag for a property marketed for residential use. The listing description focuses heavily on its historic character and development potential (zoned for up to 17 units), rather than its current residential condition or recent updates. The AI analysis explicitly notes 'Age of Property & Renovation Needs' and states it 'likely requires significant investment for modernization, structural updates, and compliance with current building codes.' This strongly suggests the interior systems, kitchen, and bathrooms are severely outdated and likely require substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8782, living area = 1420.
The property is zoned to build up to 17 units per the City of Downey, explicitly targeting developers, making it a rare and high-value opportunity for multi-family or mixed-use projects.
Nestled in the heart of Downtown Downey's vibrant mixed-use commercial district, offering high visibility, foot traffic, and immediate access to dining, shops, and city landmarks.
Built in 1906, the property likely requires significant investment for modernization, structural updates, and compliance with current building codes, especially if converting to commercial use or developing.
The description states 'the garage and rear portion of the lot remain with the landlord,' which creates significant uncertainty for a prospective buyer/developer regarding the actual land included in the sale, potentially impacting development plans.
The $1.2 million list price is substantial for a 1420 sqft, 1906-built residential property, making it primarily attractive to developers or commercial investors rather than traditional residential buyers, potentially limiting the buyer pool.
Step into one of Downey’s rare historic treasures. Nestled in the heart of Downtown Downey, 8110 3rd St is a charming blend Victorian/Craftsman type building filled with character, architectural uniqueness, and timeless curb appeal. Property is zoned to build up to 17 units per city of Downey. Looking for a developer! Properties like this are extremely limited in the city, making it an exceptional opportunity for those seeking something truly distinctive. Perfectly positioned in a vibrant mixed-use commercial district, zoned residential, this property offers multiple potential uses—from professional offices, boutique retail, creative space or continued use as a residential-style proeprty. Currently being used as a residential rental property. Its classic façade, manicured landscape, and well-preserved details showcase years of attentive care. According to Planning and the special zoning a developer can build upto 17 units. Buyer to verify with The City Of Downey. Sitting on a large lot, the property features rear-lot access through a commercial easement, providing convenience for parking, deliveries, or additional functional space. The building and driveway areas are included in the lease/use, while the garage and rear portion of the lot remain with the landlord. Whether you’re looking to elevate your business presence or secure a unique and historic spot in one of Downey’s most desirable corridors, this Victorian gem offers charm, visibility, and unmatched versatility—all just steps from Downtown dining, shops, and city landmarks. A one-of-a-kind opportunity in a premier location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,420 | 1,830 | 34% |
| Lot Size | 8,782 | 7,518 | 83% |
| Price | $1.20M | $1.01M | 68% |
| Price per sq ft | $845 | $608 | 98% |
| Built year | 1906 | 1951 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 139 | 168 | 38% |
Dec 5, 2025
$1,200,000
Initial Listing
Dec 4, 2025
$120,000
Initial Listing
Mar 3, 2009
$450,000
Public Record
Dec 29, 2005
$14,000
Public Record