Description
Introducing a prime investment opportunity in the heart of downey, ca. this meticulously maintained property offers a ±7,988 sf building comprising 8 units, each with a long history of 100% occupancy. built in 1968, the property showcases timeless architecture and thoughtful design elements. situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. with a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving downey market.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47536075
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1968
- Building Area Total: 7,988
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3354
- Lot Size Source: Assessor
- Lot Size Square Feet: 14608
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Listing Information
Listing Price Information
- Original List Price: 2,750,000
- Listing Contract Date: 2024-11-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6251035005
- Annual Tax: 34385
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: D3 - Southwest Downey, S of Firestone, W of Downey
- Postal Code Plus 4: 3401
- Directions: South of Firestone and East of Paramount Blvd.
- Zoning: DOR3*
- Source Property Type: Residential Income
- Area: D3 - Southwest Downey, S of Firestone, W of Downey
- Property SubType: Apartment
Building and Construction
- Property Age: 56
- Common Walls: 1 Common Wall
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/16/2024 @ 17:54
- MLS: PW24227487
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 7,988 sqft, 14,608 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Downey , in zip code 90241, this Los Angeles County Home are nearby neighborhoods.