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$ 3,450,000
Est. payment /mo
Active
12143 Downey Avenue Downey, CA 90242
7 Beds
5 Baths
10,132 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25241563
Bedrooms 7
Lot Size 10,132 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. 5 of the 8 units have been fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! access to 605, 105, 710 FWY's.
Location
State CA
County Los Angeles
Zoning Assessor
Direction N Alameda St W Downey Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6259012050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Maria Menjivar, DRE#01761847 4U Realty