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Listed by Douglas McCauley • MARCUS & MILLICHAP
$1,550,000
Est. payment /mo
4,372 SqFt
UPDATED:
01/14/2025 07:24 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,372 sqft
Price per Sqft $354
MLS Listing ID CRCV25008406
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 7,388 Sqft
Property Description
We are proud to exclusively present the opportunity to acquire 955 South Downey Road, a multifamily investment located in the unincorporated area of Los Angeles, California. This six-unit property is situated on a 7,388-square-foot lot with a total building area of 4,372 square feet. The property is composed of a well-balanced mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Key amenities include an on-site laundry facility, an upgraded electrical panel, six tuck-under parking spaces, and additional open parking. Each unit is individually metered for gas and electricity, with separate hot water heaters for enhanced efficiency. 955 South Downey Rd is located in a prime, well-connected opportunity zone of Los Angeles, offering a blend of convenience and accessibility. Situated in the heart of one of the city's dynamic neighborhoods, this location provides easy access to major highways (I-710, I-5,I-10, CA-60 & Highway 101), public transportation, and key commercial and residential areas. It is strategically positioned approximately six miles east of the vibrant Downtown Los Angeles, making it ideal for businesses and residents who value proximity to city amenities, entertainment hubs, and cultural attractions, while having the option to live in a m
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Other
Water Public
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