1219 S Downey Road
Los Angeles, CA, 90023
$1,450,000
Beds
0 Baths
SqFt
0.14 Acres
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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.

Property Details

Price:
$1,450,000
MLS #:
GD24240093
Status:
Active
Baths:
0
Address:
1219 S Downey Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
ZIP:
90023
Lot Size:
6,271 sqft / 0.14 acres (approx)
Year Built:
1991
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Schools

Interior

Accessibility Features
Parking
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Tile
Heating
Wall Furnace

Exterior

Community Features
Suburban
Fencing
Wrought Iron
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Near Public Transit
Parking Features
Carport
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities

Map

Community

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Rover IDX
1219 S Downey Road
Los Angeles, CA