1219 S Downey, Los Angeles, CA 90023

$1,249,000

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Listing courtesy of Listing Agent: Delmi Magallanes (delmimagallanes@gmail.com) from Listing Office: THE IVRI GROUP, INC..

List Price
$1,249,000
Status
ACTIVE
Days on Market
34
MLS#
CV26126504
Subtype
Residential Income
Year Built
1991
Lot Size
6,271
Acres
0.14
MLS Area Major
Boyle Heights (BOYH)

Property Description

Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.

Additional Information

Flooring
Carpet, Tile
Heating
Wall Furnace
Air Conditioning
Yes
Pool Type
None
Parking Features
Carport
View
None

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.