7411 Arnett Street, Downey, CA 90241

$1,700,000
14
BD
11
BA
3,964
SqFt

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List Price
$1,700,000
Status
ACTIVE
MLS#
26990821
Year Built
1955
Bedrooms
14
Bathrooms
11
Living Sq. Ft
3,964
Lot Size
5,616
Acres
0.13
Lot Location
Yard
Days on Market
1
Property Type
Multifamily
Stories
Two Levels

Property Description

Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.

Additional Information

Appliances
Oven, Refrigerator
Pool Description
None
Heat
Wall Furnace
View
City Lights
Exterior Construction
Brick, Frame, Stucco, Wood Siding
Patio
Deck
Garage Spaces Total
2
Sewer
Sewer Tap Paid
Attached Structure
Attached
Number Of Units Total
6

Listing courtesy of Listing Agent: Dana Coronado (dana@incomepropertiesla.com) from Listing Office: Compass.

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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.