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Key Details
Sold Price $1,320,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-14299
Sold Date 09/26/23
Bedrooms 5
HOA Y/N No
Lot Size 0.350 Acres
Property Description
Welcome to 12016 Old River School Rd, a well-maintained 2-building triplex on a tree-lined street in the sought-after community of Downey, this exceptional property presents a fantastic investment opportunity for an owner-user or investor, combining a prime location with an adjacent vacant lot offering a potential development opportunity. Entering the front unit (nearest the curb) you'll step into a large sunken living room with a fireplace, an excellent entertainment space that connects to the kitchen, a dining area with a sliding glass door leading to the outside concrete patio. Follow hallway to the 2 bedrooms and 2 bathrooms along with an open spacious den, which can be used as an office or 3rd bedroom. The 2nd attached unit offers a townhouse style design with a spacious living area, kitchen and half bath on the 1st floor and 2 spacious bedrooms and 1 bathroom on the 2nd floor. The rear free-standing building offers an enormous 1 bedroom 1 bath unit with ample storage on the 2nd level and 3 car parking spaces on the 1st level next to the common area laundry room which has a single washer and dryer. The property sits on a lot approx. 15,259 sq ft, which includes a vacant lot situated across the street from Old River Elementary and Stauffer Middle Schools, Los Amigos Golf Course, minutes from shops, restaurants, Frwys 710 and 105 and much, much more!!
Welcome to 12016 Old River School Rd, a well-maintained 2-building triplex on a tree-lined street in the sought-after community of Downey, this exceptional property presents a fantastic investment opportunity for an owner-user or investor, combining a prime location with an adjacent vacant lot offering a potential development opportunity. Entering the front unit (nearest the curb) you'll step into a large sunken living room with a fireplace, an excellent entertainment space that connects to the kitchen, a dining area with a sliding glass door leading to the outside concrete patio. Follow hallway to the 2 bedrooms and 2 bathrooms along with an open spacious den, which can be used as an office or 3rd bedroom. The 2nd attached unit offers a townhouse style design with a spacious living area, kitchen and half bath on the 1st floor and 2 spacious bedrooms and 1 bathroom on the 2nd floor. The rear free-standing building offers an enormous 1 bedroom 1 bath unit with ample storage on the 2nd level and 3 car parking spaces on the 1st level next to the common area laundry room which has a single washer and dryer. The property sits on a lot approx. 15,259 sq ft, which includes a vacant lot situated across the street from Old River Elementary and Stauffer Middle Schools, Los Amigos Golf Course, minutes from shops, restaurants, Frwys 710 and 105 and much, much more!!
Location
State CA
County Los Angeles
Area Downey (90242)
Zoning Assessor
Exterior
Exterior Feature Stucco
Garage Unit1:Assigned
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 2
Sewer Sewer Connected
Others
Acceptable Financing Cash, Conventional
Space Rent $1,600
Listing Terms Cash, Conventional
Financing Conventional
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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 Atef Naeem • Re/Max Olympic