Listing provided courtesy of Jeffrey Hutchens of Arroyo Seco Realty Corp.. Last updated 2025-01-31 09:11:26.000000. Listing information © 2024 CRMLS.
Asking Price: $1,450,000
1219 Downey, Los Angeles CA 90023
Community: 699 - Not Defined
Status: Active
This Quadruplex property was built in 1991 and is priced at $1,450,000. Please see the additional details below.
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.