$925,000
$880,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
5,279 Sqft Lot
SOLD DATE : 07/11/2025
Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25109171
Sold Date 07/11/25
HOA Y/N No
Year Built 1954
Lot Size 5,279 Sqft
Property Sub-Type Duplex
Property Description
Exceptional Investment or Live-In Opportunity in Prime Downey Location. Discover a rare and well-maintained duplex offering in the heart of Downey—perfect 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 space—ideal 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 LA's most desirable neighborhoods.
Location
State CA
County Los Angeles
Area D4 - Southeast Downey, S Of Firestone, E Of Downey
Zoning DOR2*
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry Outside
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Suburban
Utilities Available Electricity Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6255022036
Energy Description 100.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Yehia Zakaria Century 21 Jervis & Associates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "