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Key Details
Sold Price $1,540,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW22071641
Sold Date 08/15/22
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Type of Financing Conventional
Property Type Res Income 2-4 Units
Property Description
Fantastic income producing Triplex in a desirable area of NE Downey! The owner has personally taken great pride in keeping this property super clean and in an amazing condition. The property consists of three units with 2 separate buildings. The front unit is a single-family home ground level 3BR/2BA with living room, long hallway leading to dining room and spacious kitchen. Master bedroom with new flooring, walk-in closet, newer master bath with quartz countertop and A/C. The second unit #B is a 2BR/ 1 full bathroom and 1/2 shower. Living room area is upstairs with newer flooring, newer kitchen cabinets, and dishwasher. Big master bedroom with walk-in closet. Unit #C offers 3 BR/2.5 BA with a bonus room that can be used as a 4th BR/office. Living room and Kitchen and half bathroom downstairs, while all Bedrooms are upstairs. Huge master bedroom. Sliding door to backyard with gated patio and lawn area. All 3 units come with their own inside laundry hookups, attached 2 car garage with indoor access. All units are separately metered for electricity and gas. However, unit B & C do share the same water meter. Triplex near five-star Rio Hondo Golf club and close proximity to schools, and freeway access to LA and OC county. This truly is a unique opportunity to live in one unit in a highly coveted location. As an astute investor due to its central location and diversity, it provides an incoming producing asset in a strong rental market in Downey.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction Paramount to 7th Street to Western ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Jennifer Concha Century 21 Allstars
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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