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8721 Lyndora Street

Downey, CA 90242
  • $1,274,000
  • STATUS: Active Under Contract
  • ON SITE: 154 Days
  • ID#: PW24004638
Under Contract
UPDATED: 56 min ago
$1,274,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Listing Agent(s): Jennifer Davis of Y Realty (877-976-5348)


Description

This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up very often. This building is located on a quiet cul-de-sac with similar buildings. This is a trust sale and able to be sold quickly if you are interested. The building has a private gated grass area for the tenants for entertainment or gathering purposes. This building is located near the 105, 605, 91 and 5 freeways.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-12T11:27:49.477. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/146506240
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8721 Lyndora Street Downey, CA 90242

  • Price: $1,274,000
  • Status: Active Under Contract
  • On Site: 154 Days
  • Updated: 56 min ago
  • ID#: PW24004638
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1958
Built
Neighborhood:
D4 - Southeast Downey, S of Firestone, E of Downey
County:
Los Angeles
Area:
D4 - Southeast Downey, S of Firestone, E of Downey
Property Description
This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up very often. This building is located on a quiet cul-de-sac with similar buildings. This is a trust sale and able to be sold quickly if you are interested. The building has a private gated grass area for the tenants for entertainment or gathering purposes. This building is located near the 105, 605, 91 and 5 freeways.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing Chain Link Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Features ConcreteDrivewayOversized Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Flat Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features None Appliances Gas Cooktop Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Recessed Lighting

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Cap Rate 4 Common Interest None Community Features CurbsGutter(s) Current Financing None Electric Electricity - On Property Electric Expense 0 Garage YN No Gross Income 73080 Gross Scheduled Income 73080 Insurance Expense 3095 Land Lease YN No Laundry Features InsideIn Kitchen Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 72331 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 749 Pest Control Expense 600 Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays All Utilities Total Actual Rent 6090 Trash Expense 2688 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Water Source Public Zoning DOR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-12T11:27:49.477. 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 deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Jennifer Davis of Y Realty (877-976-5348)