7375 Emily Lane, Downey (90242)
$4,100,000
0 
0
10,200
PROPERTY DETAILS
| Address: |
view address Downey, CA 90242 Map Location |
Features: | Golf Course, Multi-level |
|---|---|---|---|
| Square Feet: | 10,200 sq.ft. | Lot Size: | 15034.0 |
| Year Built: | 1958 | Property Type: | Mixed Use |
| County: | Los Angeles | List Date: | 2024-05-01 |
| Listing Number: | PW24088444 | Listing Office: | [email protected] |
PROPERTY DESCRIPTION
An excellent opportunity to acquire a 16-unit multifamily building in Downey, CA. Located at 7375-7385 Emily Ln, this multifamily asset was built in 1958. It offers twelve 1 bed, 1 bath units and four 2 bed, 1 bath units. Residents of the property enjoy gated off-street parking, as well as a central courtyard and two on-site laundry rooms. The buildings boast a total of 10,200 gross rentable square feet spread across two separate parcels with aggregate lot square footage of 15,034. The property is within walking distance of restaurants on Imperial Hwy, the Rancho Los Amigos National Rehabilitation Center and Los Amigos Golf Course. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return.
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Interior
Features
| Laundry Features: | Common Area | Laundry: | Yes |
Cooling & Heating
| Cooling features: | Wall/Window Unit(s), Electric | Heating features: | Wall Furnace |
| Heating: | Yes |
Exterior
Exterior and Lot
| Roof: | Flat |
Pool and Spa
| Pool Features: | None |
Parking
| Parking features: | Carport |
Property and Lot Details
Features
| Community Features: | Suburban, Golf |
Other
| Sewer: | Public Sewer |
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 1958 | Stories: | 2 |
Lot
| Lot Dimensions: | 15034.0 |
Construction
| Building Area total: | 10200.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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