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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB20200716
Sold Date 06/30/21
Construction Status Building Permit,Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1965
Lot Size 5,662 Sqft
Property Description
Super clean large 4-unit plus room with bathroom in Downey!! Consisting of a (3BR/2BA), (2BR/2BA), (2BR/1BA), (1BR/1BA), and bonus (0BR/1BA storage or guest quarters). Enjoy all the major renovations, modernization, and improvements completed just weeks ago! This may not be a mini-mansion, but instead a mansion of equity being generated from the comforts of your own home! A terrific investment for both owner occupant or non-owner occupied investor. Each unit is an entertainers delight with brand new upgraded kitchens that come with (stainless steel appliances including stoves, refrigerators, Washers and dryers in all units. ) Each unit also comes with brand new upgraded bathrooms and easy to manage ceramic tile, new bathroom fixtures, newly installed waste disposal systems, energy efficient air conditioning, new, stylish water resistant floors throughout, new windows, recessed lightning, and so much more. Improvements give the units a serene, modern, and easy to maintain feel. Three of the four units are tenant occupied with excellent rental income as described below, while providing the 3 bedroom, 2 bath home available for an owner occupant or seller can place tenant at rates described below prior to COE. Tenants will appreciate the ample available parking from the 7 carports and 2 garages and peace of mind from a secured electric gate. Location, location, location, centrally located near popular shopping centers Downey Landings and Downey Promenade.
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type Family Room
Fireplace Yes
Appliance Dryer, Washer
Laundry In Kitchen
Exterior
Garage Carport, Garage
Garage Spaces 6.0
Carport Spaces 2
Garage Description 6.0
Fence Electric, Security
Pool None
Community Features Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Sprinklers In Front
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Building Permit,Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 6283003018
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Energy Description 650.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jonathan Calderon • Pillar Realty