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Listed by Edgar Cortez • M C Funding Inc.
$ 2,000,000
Est. payment | /mo
3,218 SqFt
$ 2,000,000
Est. payment | /mo
3,218 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,218 sqft
Price per Sqft $621
MLS Listing ID CRDW25196163
HOA Y/N No
Year Built 1963
Lot Size 5,931 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
A rare multifamily that checks every box. This four-unit apartment complex, tucked into one of Downey’s 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, you’ll 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 you’ll 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. One unit is currently vacant, presenting the perfect chance for an owner-user to live on-site while collecting rent from the others, or for an i
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227