1219 S Downey Road new

Los Angeles,CA 90023

$ 1450000

10 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24240093

Bedrooms 10

HOA Y/N No

Lot Size 6,271 Sqft

Property Description

Great Income Property in East Los Angeles, with No LA City Rent Control! Newer building, built in 1991. Quadruplex/4 Unit 2-Story Building. 2 Units are 3 Bedrooms, 1 Bathroom. 2 Units are 2 Bedrooms 1 Bathroom. Main level has 12-bedroom unit and 13-bedroom unit. Second level has the identical layout. Hard to find in a 4-unit building. There is a car port in the back of the building with 4 tandem parking spots, each unit has a tandem spot, with additional street parking. The entire building is gated. Spacious units with tons of potential. Perfect for a first-time buyer, or for an investment. Live in one unit and rent out the others to help cover the monthly mortgage. Freshly painted outside. Excellent location, next to restaurants-the very popular King Taco, near public transportation, stores. schools and easy freeway access.
Great Income Property in East Los Angeles, with No LA City Rent Control! Newer building, built in 1991. Quadruplex/4 Unit 2-Story Building. 2 Units are 3 Bedrooms, 1 Bathroom. 2 Units are 2 Bedrooms 1 Bathroom. Main level has 12-bedroom unit and 13-bedroom unit. Second level has the identical layout. Hard to find in a 4-unit building. There is a car port in the back of the building with 4 tandem parking spots, each unit has a tandem spot, with additional street parking. The entire building is gated. Spacious units with tons of potential. Perfect for a first-time buyer, or for an investment. Live in one unit and rent out the others to help cover the monthly mortgage. Freshly painted outside. Excellent location, next to restaurants-the very popular King Taco, near public transportation, stores. schools and easy freeway access.

Location

State CA

County Los Angeles

Area Los Angeles (90023)

Zoning Public Rec

Interior

Cooling Wall/Window

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $152

Acceptable Financing Cash,Conventional

Space Rent $2,080

Listing Terms Cash,Conventional

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