CA > Los Angeles
Los Angeles, CA 90023,1219 S Downey RD
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Los Angeles, CA 90023,1219 S Downey RD
Los Angeles, CA 90023,1219 S Downey RD
Los Angeles, CA 90023,1219 S Downey RD
Los Angeles, CA 90023,1219 S Downey RD
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 1,450,000
Est. payment /mo
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Active

1219 S Downey RD Los Angeles, CA 90023

6,272 Sqft Lot

UPDATED:

12/05/2024 04:37 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24240093

HOA Y/N No

Year Built 1991

Lot Size 6,272 Sqft

Property Description

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 1–2-bedroom unit and 1–3-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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR4YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Carport

Carport Spaces 4

Fence Wrought Iron

Pool None

Community Features Suburban

View Y/N No

View None

Accessibility Parking

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre, Near Public Transit

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5241006036

Acceptable Financing Cash, Cash to Existing Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jeffrey Hutchens • Arroyo Seco Realty Corp. • 323-559-1785

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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