$825,000
$785,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
5,226 Sqft Lot
SOLD DATE : 01/17/2025
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24241250
Sold Date 01/17/25
Bedrooms 3
HOA Y/N No
Lot Size 5,226 Sqft
Property Description
Rare Investment Opportunity in Downey! On the market for the first time in nearly 30 years, this versatile duplex is a dream for both new and experienced investors. The front unit features 1 bedroom and 1 bathroom, while the rear unit offers 2 bedrooms and 1 bathroomproviding the perfect opportunity to live in one unit and rent out the other for additional income. The 2-bedroom unit has been recently updated with fresh paint and new ceiling fans, adding charm and value. Centrally located, this property is just minutes from Stonewood Mall, popular restaurants, a movie theater, and the Columbia Memorial Space Center. With convenient access to the 105 Freewayand connections to the 710 and 91 Freewaysyoure never far from where you need to be. Dont let this opportunity slip awayproperties like this dont stay on the market for long!
Rare Investment Opportunity in Downey! On the market for the first time in nearly 30 years, this versatile duplex is a dream for both new and experienced investors. The front unit features 1 bedroom and 1 bathroom, while the rear unit offers 2 bedrooms and 1 bathroomproviding the perfect opportunity to live in one unit and rent out the other for additional income. The 2-bedroom unit has been recently updated with fresh paint and new ceiling fans, adding charm and value. Centrally located, this property is just minutes from Stonewood Mall, popular restaurants, a movie theater, and the Columbia Memorial Space Center. With convenient access to the 105 Freewayand connections to the 710 and 91 Freewaysyoure never far from where you need to be. Dont let this opportunity slip awayproperties like this dont stay on the market for long!
Location
State CA
County Los Angeles
Area Downey (90242)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $46
Acceptable Financing Cash, Exchange, FHA, VA
Space Rent $950
Listing Terms Cash, Exchange, FHA, VA
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Bought with Alex Sanchez • Realty ONE Group United