12143 Downey Avenue

Offered at: $3,600,000

Year Built: 1965

Region: D3 - Southwest Downey, S of Firestone, W of Downey

MLS#: DW25241563

Status: Active

Property Description

Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. All Units are partially upgraded, the one that's currently available is being fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, access to 605, 105, 710 FWY's.