$970,000
Estimated Payment$4,581/mo
Multi-Family For Sale
Price Drop -$15,000

12620 Downey Ave, Downey, CA 90242

5Beds
4Baths
2,244Sq. Ft.
Multi-Family Home In Downey

Excellent investment opportunity in the city of Downey! This duplex consists of (Front unit) 2 bedrooms, 2 bathrooms and (Back unit) 3 bedrooms, 2 bathrooms. Take advantage of the long driveway leading to the detached 2 car garage. Quiet, private back yard. Both units are tenant occupied. Please note: interior photos are a combination from when before tenants moved in, along with current photos with tenants living in unit.

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12620 Downey Ave
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Location
12620 Downey Ave Downey, CA 90242
Home Details

Listing Details

General

  • Total Number of Units: 2
  • Disclosures: As Is, Listing Broker Advantage

Interior Details

Utilities

  • Cooling Details: Window Unit s
  • Heating Details: Wall

General

  • Fireplace Features: Family Room
  • Flooring: Laminate, Tile
  • Interior Features: Yes

Financial Details

Tax Details

  • Zoning: DOR15000

    Expenses

    • Tenant Pays: Gardener, Water

      Property Details

      Construction Details

      • Architectural Style: Traditional

        General

        • Laundry Features: In Kitchen, Inside

          Other

          • Other Equipment: Cable, Ceiling Fan, Gas Dryer Hookup

            Parking

            • Other Parking: Detached, Garage 2 Car

              Location Details

              Region

              • City/Region: Southeast Downey, S Of Firestone, E Of Downey

                MLS Details

                General

                • Days on Homes.com: 60
                • MLS Number: 21-792186
                • Listed: 10/7/2021
                • Last Updated: 11/29/2021
                • Offered By: Compass
                • Listing Source: Combined La Westside - Claw
                Monthly Payment Calculator

                $4,581

                Estimated Mortgage
                Principal & Interest
                $3,272
                Insurance
                $340
                Taxes
                $970
                Mortgage Insurance
                $0
                i
                Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
                i
                If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
                Price History
                • DateEventPrice
                • 10/28/2021$15,000$970,000
                  Source: Combined LA Westside - CLAW
                • 10/07/2021listed$985,000
                  Source: Combined LA Westside - CLAW
                Nearby Schools
                • Ward Elementary School
                  Class size: 23Distance: 0.52 mi
                • Sussman Middle School
                  Class size: 24Distance: 0.43 mi
                  B-
                • Downey High School
                  Class size: 25Distance: 1.70 mi
                  B
                Points of Interest

                Airports

                Distance
                • Long Beach-Daugherty Field
                  8.6 mi
                • Los Angeles International
                  18.0 mi

                Colleges

                Distance
                • Cerritos College
                  5.7 mi
                • El Camino College
                  7.8 mi
                • Long Beach City College
                  8.2 mi

                Military Bases

                Distance
                • Los Alamitos Army Airfield
                  15.7 mi
                • Los Angeles Air Force Base
                  16.4 mi

                Shopping Centers

                Distance
                • Strip Center at 8304-8306 Imperial Hwy
                  0.0 mi
                • Downey Retail Center
                  0.4 mi
                • Strip Center at 12800-12820 Paramount Blvd
                  0.5 mi
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                Listing Agent
                Jeremy Smith
                CompassLicense # 02006335
                Downey, CA
                Continue Your Search

                $970,000

                5 Beds4 Baths2,244 Sq. Ft.

                12620 Downey Ave

                Downey, CA 90242

                Jeremy Smith
                Compass