For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $5,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23005386
Sold Date 07/17/23
Bedrooms 3
HOA Y/N No
Lot Size 0.419 Acres
Property Description
We are pleased to present this 23 unit offering in an excellent rental pocket of Downey, CA. The property has over 49% upside in rental income and has been meticulously maintained from previous ownership. There are 23 surface parking spaces, all new vinyl windows installed in 2022, no municipal rent control, only subject to AB 1482.
We are pleased to present this 23 unit offering in an excellent rental pocket of Downey, CA. The property has over 49% upside in rental income and has been meticulously maintained from previous ownership. There are 23 surface parking spaces, all new vinyl windows installed in 2022, no municipal rent control, only subject to AB 1482.
Location
State CA
County Los Angeles
Area Downey (90241)
Zoning Public Rec
Exterior
Pool Community/Common
Building
Lot Description Sidewalks
Others
Monthly Total Fees $410
Acceptable Financing Exchange
Space Rent $1,155
Listing Terms Exchange
Financing Exchange
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Daniel Gomez • Younglewin Advisors, Inc.