1219 S Downey Road
Los Angeles, CA 90023
0.14 acres | #GD24240093
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 1–2-bedroom unit and 1–3-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.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre, NearPublicTransit
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$1,450,000
- MLS #GD24240093
- Property SubtypeQuadruplex
- MLS #GD24240093
- Cost1450000
- Utility SourcePublic
- Acres0.144
- Year Built1991
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jeffrey Hutchens (#G165112750)
Listing Office: Arroyo Seco Realty Corp. (#G6348)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
