617 S Downey RD, Los Angeles, CA 90023
$935,000
Est. payment /mo
$889,000
5.2%
Est.Price: ?

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7,670 Sqft Lot
SOLD DATE : 01/25/2023

Key Details

Sold Price $935,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22256677

Sold Date 01/25/23

HOA Y/N No

Year Built 1947

Lot Size 7,670 Sqft

Property Sub-Type Duplex

Property Description

Great Investment Opportunity in East Los Angeles! Both units are 3 bedroom / 1 bathroom with their own laundry facilities.  Great for owners to live in one and rent the other for income potential.  Rear unit is currently vacant & the front unit is occupied by family member & will be delivered vacant at close of escrow.  Both units have updated large kitchen with granite counter tops, lots of cabinet storage space and countertop space, recessed lighting,  an inside laundry room off the kitchen in unit 617, laundry in the breezeway for unit 615, and a breakfast bar and separate dining area.  Bathrooms have been updated. Other updated systems are central air conditioning and heating for both units, updated sewer line, gated parking area for 6 cars, separate gas & electrical meters, and some newer windows.  Garage has been converted into a workshop and could be an opportunity to add ADU for additional income (buyer to check city/county). Property is centrally located to public transportation, freeways and shopping.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR4YY

Rooms

Other Rooms Storage

Interior

Interior Features Granite Counters, Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Laundry Inside, Laundry Room, Outside

Exterior

Parking Features Driveway, Shared Driveway, Workshop in Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Cross Fenced

Pool None

Community Features Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 7

Private Pool No

Building

Lot Description Front Yard

Foundation Raised

Sewer Public Sewer

Water Public

Additional Building Storage

New Construction No

Others

Senior Community No

Tax ID 5236004004

Security Features Prewired,Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing FHA

Special Listing Condition Standard

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+1(714) 987-3310

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Listed by Lori Desantis T.N.G. Real Estate Consultants 562-818-5610, DRE #01836828
Bought with Jesse Onate Century 21 LOTUS

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TNG Real Estate Consultants

TNG Real Estate Consultants

+1(714) 987-3310

Agent | License ID: 01886242

Agent License ID: 01886242

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