$1,200,000
$1,590,000
24.5%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
3,526 SqFt
SOLD DATE : 03/07/2025
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,526 sqft
Price per Sqft $340
MLS Listing ID 24427689
Sold Date 03/07/25
Bedrooms 10
HOA Y/N No
Year Built 1933
Lot Size 9,631 Sqft
Property Description
We are pleased to present our newest exclusive listing in Downey. This triplex is comprised of three individual homes including a 4 bedroom 2 bathroom house, a 3 bedroom 2 bathroom brand new ADU, and a 3 bedroom2 bathroom house. All units are standalone and include either private patios, backyards, and front yards. The average unit sqft is in excess of 1175 sqft (buyer to verify) and two units are fully renovated and vacant. This opportunity jam packs value as you are able to acquire three homes at once at a major discount compared to recent sales. This property SCREAMS family compound where a family could occupy the two vacant homes and rent out the other or a solid investment opportunity boasting a nearly 5.64% cap rate with units rented at market. The property is priced well below on a price per foot basis relative to the comps. The property does not fall under any city rent control. Don't miss this rare opportunity to acquire a SoCal gem.
Location
State CA
County Los Angeles
Area D4 - Southeast Downey, S Of Firestone, E Of Downey
Zoning DOR2*
Interior
Heating Solar
Fireplace No
Appliance Disposal
Exterior
Parking Features Garage
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6255025069
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Luis Pinel • Pak Home Realty
GET MORE INFORMATION
- Irvine, CA Homes For Sale
- Huntington Beach, CA Homes For Sale
- Anaheim, CA Homes For Sale
- Santa Ana, CA Homes For Sale
- Mission Viejo, CA Homes For Sale
- Laguna Beach, CA Homes For Sale
- Newport Beach, CA Homes For Sale
- San Clemente, CA Homes For Sale
- Orange, CA Homes For Sale
- Fullerton, CA Homes For Sale
- Lake Forest, CA Homes For Sale
- Laguna Niguel, CA Homes For Sale
- Costa Mesa, CA Homes For Sale
- Garden Grove, CA Homes For Sale
- Seal Beach, CA Homes For Sale
- Dana Point, CA Homes For Sale
- Corona Del Mar, CA Homes For Sale
- Westminster, CA Homes For Sale
- San Juan Capistrano, CA Homes For Sale
- Tustin, CA Homes For Sale
- Newport Coast, CA Homes For Sale
- North Tustin, CA Homes For Sale
- Laguna Hills, CA Homes For Sale
- Monarch Beach, CA Homes For Sale
- Ranch Mission Viejo, CA Homes For Sale
- Ladera Ranch, CA Homes For Sale
- Aliso Viejo, CA Homes For Sale
- Villa Park, CA Homes For Sale
- Los Alamitos, CA Homes For Sale
- Rossmoor, CA Homes For Sale