East Los Angeles, CA 90023,1423 S Downey RD

$475,000

$450,000

5.6%
Est.Price: ?

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Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 02/28/2020

Key Details

Sold Price $475,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MB19253148

Sold Date 02/28/20

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1940

Lot Size 6,534 Sqft

Property Description

Location, Location, Location! 3 Units consist of a single family in the front and Duplex in the back. Property is located in the East Los Angeles area. Great opportunity in this up and coming community for that investor to enhance their portfolio or for a buyer that’s looking to live in one and rent the others to help pay for the mortgage. Located minutes from DTLA, close to 5, 710, and 60 freeways as well as shopping, restaurants and transportation. The front unit is legally a 1 bedroom 1 bath. It was converted to 4 bed 2 bath laundry hook ups are in the back. The duplex consist of 2 bedroom 1 bath each unit.laundry hook-ups are outside for each unit. The garage is converted to a 2 bedroom 1 bath for extra income. Large driveway can accommodate 7-10 cars. Don’t miss out on this opportunity!

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Rooms

Ensuite Laundry Outside

Interior

Interior Features All Bedrooms Down

Laundry Location Outside

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry Outside

Exterior

Garage Driveway

Fence Chain Link, Wood

Pool None

Community Features Curbs

View Y/N Yes

View City Lights

Parking Type Driveway

Private Pool No

Building

Story One

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5241021019

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing FHA

Special Listing Condition Standard

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Justin & Jessica Bouzane

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California Regional MLS (CRMLS)
Listed by EDDIE JUAREZ • MERIT REALTY GROUP
Bought with EDDIE JUAREZ • MERIT REALTY GROUP

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Justin & Jessica Bouzane

Broker Associate | Lic# 01905244

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