1219 S Downey Road, Property Listing: MLS® #GD24240093

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 12-bedroom unit and 13-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.

1219 S Downey Road, Property Listing: MLS® #GD24240093 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: GD24240093
  • 1219 S Downey Road
  • , CA 90023
  • $1,450,000
  • 0.14 Acres
  • Office: Arroyo Seco Realty Corp.

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 12-bedroom unit and 13-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.

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Essential Information

  • MLS® #GD24240093
  • Listing Price$1,450,000
  • Original Listing Price$1,450,000
  • Date ListedNovember 26th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.14
  • Lot Sq.Ft.6,271
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$152

Community Information

  • Address1219 S Downey Road
  • AreaLOS ANGELES (90023)
  • SubdivisionELA
  • CountyLos Angeles
  • StateCA
  • Zip Code90023

Amenities

  • PoolN/K

Interior

  • CoolingWall/Window
  • # of Stories1
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Listing information last updated on November 27th, 2024 at 1:38pm PST.