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$ 1,450,000
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Active
1219 S Downey RD Los Angeles, CA 90023
6,271 Sqft Lot
UPDATED:
11/27/2024 01:24 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD24240093
Originating Board California Regional MLS
Year Built 1991
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 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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Carport
Garage Spaces 4.0
Pool 31, None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 5241006036
Special Listing Condition Not Applicable
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Listed by Jeffrey Hutchens • Arroyo Seco Realty Corp.