1219 S Downey
Property Description
Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.
Broker Details
The IVRI Group Inc. (714) 507-0734
MLS ID: CV46670 State License Number: 02145076
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,249,000 |
| No. of Units: | 4 |
| Year Built: | 1991 |
| Opportunity Zone: | No |
| Price per unit: | $312,250 |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 4 |
ID: 3yd-MRMLSCA-CV26126504
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