3
See all 3 photos
$1,400,000
Est. payment /mo
3 Beds
2 Baths
Active
955 S Downey Road Los Angeles, CA 90023
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25008406
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to exclusively present the opportunity to acquire 955 South Downey Road, a multifamily investment located in the unincorporated area of Los Angeles, California. This six-unit property is situated on a 7,388-square-foot lot with a total building area of 4,372 square feet. The property is composed of a well-balanced mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Key amenities include an on-site laundry facility, an upgraded electrical panel, six tuck-under parking spaces, and additional open parking. Each unit is individually metered for gas and electricity, with separate hot water heaters for enhanced efficiency. 955 South Downey Rd is located in a prime, well-connected opportunity zone of east Los Angeles, offering a blend of convenience and accessibility. Situated in the heart of one of the city's dynamic neighborhoods, this location provides easy access to major highways (I-710, I-5,I-10, CA-60 & Highway 101), public transportation, and key commercial and residential areas. It is strategically positioned approximately six miles east of the vibrant Downtown Los Angeles, making it ideal for businesses and residents who value proximity to city amenities, entertainment hubs, and cultural attractions, while having the option to live in a more tranquil neighborhood. In addition, the apartment building is within a three-mile radius of several key landmarks and institutions including East Los Angeles College (ELAC), Citadel Outlets, and the brand new Topgolf located in Montebello. As one of the largest community colleges in the Los
Location
State CA
County Los Angeles
Zoning Other
Direction North of I-5 Freeway, South of Whittier Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5236006009
Listed by Douglas McCauley MARCUS & MILLICHAP