1219 S Downey, Los Angeles, CA 90023
- $1,249,000
- List Price
- $1,249,000
- Status
- ACTIVE
- MLS#
- CV26126504
- Year Built
- 1991
- Lot Size
- 6,271
- Acres
- 0.14
- Lot Location
- 2-5 Units/Acre, Near Public Transit
- Days on Market
- 31
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $7,100
Listing courtesy of Listing Agent: Delmi Magallanes (delmimagallanes@gmail.com) from Listing Office: THE IVRI GROUP, INC..
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