Rare opportunity to own a large duplex in the heart of Downey! Built in 1988 and sitting on a generous 12,016 sqft lot. This property offers plenty of space, comfort and versatility. Front unit offers 5 bedrooms, 2 bathrooms and an inviting spacious layout with over 3,000 sqft. Back unit has 2 bedrooms, 2 bathrooms with a private entrance and cozy charm. Both units feature their own 2-car garages, central air, ample parking and much more. Conveniently located near schools, shopping, dining, and major freeways. This property is perfect for investors. Don't miss out on this exceptional find!
Fourplex in Downey! This property is ideally located and has lots of potential. Close to schools, parks, sports parks, restaurants, shopping, access to freeways, a hospital, two golf courses (Los Amigos Golf Course and Rio Hondo Golf Club), and the Rancho Los Amigos National Rehabilitation Center which is nationally recognized as a top 20 rehabilitation center! A great opportunity for the next owner/investor. Two 2 bed / 2 bath units and two 2 bed / 1 bath units. All four units come with a covered carport space and additional parking space. Tenants will appreciate the carport's built in lockable storage and the new coin operated community washer and dryer.
Courtesy: Revival Lending
Courtesy: Pak Home Realty
Courtesy: Century 21 A Better Service
17-unit apartment building located in the city of Downey with no municipality rent control. Value andded Asset. The property has over 100% upside in rental income. Property has 7 vacant units and one unit with on-site manager. New buyer able to upgrade units and get full market price for units. Good upside. 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 living square feet and 23,000 sq. ft. lot. All units have in-unit laundry hook ups almost all units have central air and heat.
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 THE LOAN.
Downey is located in California. Downey, California has a population of 114,293. Downey is more family-centric than the surrounding county with 31.7% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Downey, California is $77,972. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Downey is 35.9 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.
