Excellent investment opportunity in a gated lot located in Downey! This duplex offers exceptional comfort and modern amenities. Each unit has been well kept both inside and out, ensuring a crisp, clean appearance. Unit 8408 features stylish and low-maintenance laminate flooring in the living room, complemented by an inviting bay window. The beautiful kitchen has white cabinets, modern countertops, and floor tiles, enhancing its appeal. The bathroom boasts stunning dark hexagon tiling and a chic subway tile tub surround. Unit 8406 showcases beautifully refinished hardwood floors and includes convenient laundry hookups in the kitchen. The spacious bathroom offers ample storage with a generous vanity. Both units provide a 1-car garage located at the end of a shared driveway. Centrally positioned, this property is in close proximity to numerous shopping centers, restaurants, entertainment venues, local schools, and just blocks away from Porto's Bakery and Café, Walking distance to everything! Don't miss out on this outstanding opportunity to invest in a meticulously well kept duplex in a highly desirable location.
Well Maintained 4 plex with remodeled kitchen and baths. Dual pane windows. Laminate floor in living room and 2 beds in all 4 units. Tile in kitchen and bathroom. Wall heater in each unit. New garage door. New exterior paint. New roof. New wall AC unit for 2 bottom units (A & B). Must see to believe.
Rare find, 2 separate units in North East Downey, lots of parking in between units two on a lot.
17-unit apartment building located in the city of Downey with no municipality rent control. First time ever on the market, the property has over 100% upside in rental income. There are 22, mostly covered parking spaces. Unit mix consists of one 3 bedroom, 2 bath, ten 2 bed 1.5 bath, two 2 bed 1 bath and four 1 bed,1 bath units. Good size building at over 15,000 square feet and 23,000 sq. ft. lot.
An excellent opportunity to acquire a 16-unit multifamily building in Downey, CA. Located at 7375-7385 Emily Ln, this multifamily asset was built in 1958. It offers twelve 1 bed, 1 bath units and four 2 bed, 1 bath units. Residents of the property enjoy gated off-street parking, as well as a central courtyard and two on-site laundry rooms. The buildings boast a total of 10,200 gross rentable square feet spread across two separate parcels with aggregate lot square footage of 15,034. The property is within walking distance of restaurants on Imperial Hwy, the Rancho Los Amigos National Rehabilitation Center and Los Amigos Golf Course. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return.
La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area and storage room, NEW ROOF, NEW DUAL PANEL WINDOWS, AS OF MAY 2024 MORE INCOME!! 3 units are upgraded with laminated wood floors new kitchen cabinets and paint, there are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income. This Building is located walking distance to Stonewood Mall, Downey landing, Promenade, Kaiser Permanente, Cinemark and lots of surrounding restaurants to choose from, for the convenience of the tenants there is also easy access to the surrounding Fwy's. This property is centrally located that there are hardly any vacancies, Seller may consider to carry loan.
Downey is located in California. Downey, California has a population of 113,358. Downey is more family-centric than the surrounding county with 34.49% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Downey, California is $68,162. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Downey is 34.6 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 47.4 degrees. The average rainfall is approximately 15 inches per year, with 0 inches of snow per year.