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Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24093125
Sold Date 06/28/24
Bedrooms 5
HOA Y/N No
Lot Size 5,259 Sqft
Property Description
**GREAT INVESTMENT OPPORTUNITY** 2 DETACHED UNITS! This property offers an exceptional investment opportunity, situated amidst a host of conveniences that enhance its appeal. Enjoy close proximity to parks, schools, restaurants, shopping centers, churches, golf courses, nightlife, and effortless access to major freeways, ensuring a lifestyle of convenience and accessibility.Meticulously updated over the years, this property boasts modernization and comfort. In 2018, the front unit underwent a comprehensive renovation featuring freshly painted interiors and exteriors, sleek laminated wood flooring, an updated kitchen adorned with granite countertops, refurbished cabinets, stylish backsplash, recessed lighting, and the addition of portable AC units. The front unit further offers a garage with driveway parking and a versatile bonus room that can easily serve as a third bedroom. In 2022, the back unit received a similar treatment with brand-new laminated wood floors, interior paint, recessed lighting, revitalized kitchen cabinets, countertops, and a new roof, ensuring both units reflect contemporary style and functionality. Practical amenities abound, with both units boasting new electrical panels, laundry hook-ups, storage units, and convenient alley access to the backyard for parking, providing added value and convenience. This is a rare opportunity not to be missed! Invest in a property that not only promises immediate returns but also holds the potential for long-term prosperity.
**GREAT INVESTMENT OPPORTUNITY** 2 DETACHED UNITS! This property offers an exceptional investment opportunity, situated amidst a host of conveniences that enhance its appeal. Enjoy close proximity to parks, schools, restaurants, shopping centers, churches, golf courses, nightlife, and effortless access to major freeways, ensuring a lifestyle of convenience and accessibility.Meticulously updated over the years, this property boasts modernization and comfort. In 2018, the front unit underwent a comprehensive renovation featuring freshly painted interiors and exteriors, sleek laminated wood flooring, an updated kitchen adorned with granite countertops, refurbished cabinets, stylish backsplash, recessed lighting, and the addition of portable AC units. The front unit further offers a garage with driveway parking and a versatile bonus room that can easily serve as a third bedroom. In 2022, the back unit received a similar treatment with brand-new laminated wood floors, interior paint, recessed lighting, revitalized kitchen cabinets, countertops, and a new roof, ensuring both units reflect contemporary style and functionality. Practical amenities abound, with both units boasting new electrical panels, laundry hook-ups, storage units, and convenient alley access to the backyard for parking, providing added value and convenience. This is a rare opportunity not to be missed! Invest in a property that not only promises immediate returns but also holds the potential for long-term prosperity.
Location
State CA
County Los Angeles
Area Downey (90242)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $48
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $3,200
Listing Terms Cash, Conventional, FHA, VA
Financing Assumable
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Bought with Deborah Larson • Cogburn-Miller Realty
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878