1219 S Downey RD Active

Los Angeles,CA 90023

$ 1450000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD24240093

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

Special Listing Condition Not Applicable

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