Residential Income Details
What an amazing compound! Here's a rare opportunity to own an extra large quadroplex unlike ANYTHING else in Downey! 4 generously sized units each consisting of 3 bedrooms and 2 bathrooms in 2 side by side buildings with 5,482 Sqft of total living space on a 12,003 Sqft Double Lot! Located in very high rental demand area of Downey. Minutes away from the newly built Downey Landing & Promenade, Metro Station, Kaiser Hospital and 105, 605, 710 and 5 Freeways. Peaceful neighborhood and quiet tree lined streets add to this complex's best features. The property also has a very high upside to rents by comparison to the area without the limitations of rent control! At today's market rents in the area this property has a potential 6.7% annual CAP Rate! All units have individual water heaters and are separately metered for gas and electricity. Each unit also has washer and dryer hookups located within each of their individual 2 car garages. Ample room to make this your pride of ownership gem! ***ATT: PLEASE DO NOT WALK ONTO PROPERTY WITHOUT SETTING AN APPOINTMENT PRIOR, THANK YOU***
|Number of Units||4|
|Listing Brokerage||Coldwell Banker Allstars|
|Listing Agent||Jimmy Alexander|
|Listing Agent BRE #||01876523|
|Appliances||Electric Range,Gas & Electric Range|
|Parking||Driveway - Concrete,Garage,Garage - Side Entry,Private,See Remarks|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, October 2, 2017.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
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