$925,000
$880,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
SOLD DATE : 07/11/2025
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25109171
Sold Date 07/11/25
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional Investment or Live-In Opportunity in Prime Downey Location. Discover a rare and well-maintained duplex offering in the heart of Downeyperfect for savvy investors or owner-occupants seeking immediate value and long-term potential. This charming property features two spacious units, each offering 2 bedrooms and 1 full bathroom, with separate gas and electric meters for added convenience and flexibility. The front unit is currently tenant-occupied, providing consistent rental income, and includes access to a two-car garage, as well as a generous side yard and private backyard spaceideal for relaxing or entertaining. The rear unit is owner-occupied and will be delivered vacant at the close of escrow, offering a perfect opportunity for a new resident or to lease at market rent.Recent updates include a brand-new electrical panel, fresh exterior and interior paint, and well-kept, move-in ready interiors. Each unit enjoys its own private outdoor area, and the property also features ample front driveway parking, enhancing both functionality and curb appeal. Located just minutes from Downey Landing, PIH Hospital, top-rated schools, shopping centers, dining, and major freeways, this property is situated in a high-demand rental market and offers a solid blend of comfort, location, and value. Don't miss this competitively priced opportunity to own a versatile and income-generating duplex in one of Southeast LAs most desirable neighborhoods.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Lakewood Blvd & Stewart and Gray
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6255022036
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Bought with Yehia Zakaria Century 21 Jervis & Associates
"My mission as your Realtor is to build trust-based relatioships and exceed your expectations, ensuring a seamless and rewarding real estate experience."