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$ 1,400,000
Est. payment | /mo
5 Beds
5,931 Sqft Lot
$ 1,400,000
Est. payment | /mo
5 Beds
5,931 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25270455
Bedrooms 5
Lot Size 5,931 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A rare multifamily that checks every box. This four-unit apartment complex, tucked into one of Downeys most established neighborhoods, offers just that. This exclusive four-unit apartment building stands proudly on a tree-lined street, offering not only income-generating potential but also a place where tenants love to call home. Recently remodeled and enhanced with thoughtful updates, this property shines as both a turnkey option and a value-add investment for the savvy buyer. From the outside, youll immediately notice the new custom siding, fresh paint, upgraded windows, and a secure entry gate accented with a striking exterior chandelier, details that set the tone for a well-maintained and inviting complex. Step inside and youll find spacious apartments, thoughtfully upgraded with remodeled kitchens, modern flooring, fresh paint, and updated bathrooms. The building offers a total of three 1 Bed/1 Bath units and one larger 2 Bed/1.5 Bath unit, creating a flexible mix that appeals to a wide range of renters. Parking is never a challenge here, with six dedicated spaces including three carports and three additional parking spots. With 3,218 sq. ft. of total living space on a 5,931 sq. ft. lot, this property combines comfort with function while still leaving room for future rent growth. The location is unbeatable, this established Downey neighborhood is clean, well-connected, and highly sought after. Residents enjoy being within walking distance to shops, restaurants, and local parks, while also benefiting from easy access to major freeways. Its the ideal balance of convenien
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Firestone, East of Woodruff
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6284003016
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Edgar Cortez M C Funding Inc.
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Krystal Lane
Partner | Lic# 1918284