Beautiful Homes Real Estate
Daniel Andrade
323-215-9836323-215-9836

7834 2nd Street, Downey, CA 90241 (MLS # PW20061873)

Save to Favorites
Print
Share
PRICE $1,395,000
BEDS n/a
BATHS 0 baths
HOME SIZE 4,848 sq ft
LOT SIZE 15,113 sqft

7834 2nd Street is a pride-of-ownership six-unit multifamily investment property in Downey, California. The property consists of a large 0.35-acre lot with two single-story duplexes and a rear building with two units above six single-car garages. All units are spacious one-bedrooms with in-unit laundry hookups, hardwood floors, tile showers, individual water heaters, and separate gas and electric meters. The property also features a newer roof (two years old) and five surface parking spaces. 7834 2nd Street’s convenient proximity to transit and retail has earned it a WalkScore of 85. The property is located near the intersection of Firestone Boulevard and Rives Avenue and within a five-minute walk of the 115 Metro bus line that runs from Norwalk to Playa Del Rey and two major grocery stores (Albertson’s and Stater Bros.). This area is a solid majority-renter market with an average household income within one mile that exceeds $82,000. This offering presents a great opportunity for an investor to acquire a well-maintained asset with value-add potential and 47 percent rental upside in a strong rental area.

DAYS ON MARKET 13 LAST UPDATED 3/24/2020
YEAR BUILT 1954 COMMUNITY Northwest Downey, N of Firestone, W of Downey
GARAGE SPACES 6.0 COUNTY Los Angeles
TOTAL PARKING 17 STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
COLISTAGENTFIRSTNAME David
COLISTAGENTLASTNAME O'Keefe
COLISTAGENTSTATELICENSE 01928739
COLISTOFFICENAME Marcus & Millichap
COMMONINTEREST None
COMMONWALLS No Common Walls
COMMUNITYFEATURES Suburban
ELEVATIONUNITS Feet
GARAGESPACES 6.00
LANDLEASEYN 0
LAUNDRYFEATURES Electric Dryer Hookup, Washer Hookup
LISTAGENTSTATELICENSE 01332755
LOTFEATURES Lot 10000-19999 Sqft, Rectangular Lot
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR D2 - Northwest Downey, N of Firestone, W of Downey
PARCELNUMBER 6251016017
POOLFEATURES None
PRICEPERSQUAREFOOT 287.75
PROPERTYTYPE Residential Income
SENIORCOMMUNITYYN 0
SEWER Public Sewer
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
TAXTRACTNUMBER N/A
WATERSOURCE Public




 
CONTACT US ABOUT 7834 2ND STREET
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Daniel Andrade to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by : Steven Bogoyevac License # 01332755, Steven M. Bogoyevac, Broker Co-Listed with David O'Keefe License # 01928739, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/5/20 5:20 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information