Description

Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. 5 of the 8 units have been fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, access to 605, 105, 710 FWY's.