$3,750,000
COMING SOON

Estimated payment $22,011/month

7 Beds
6 Baths
7,400 Sq Ft
0.46 Acre Lot

Highlights

  • 0.46 Acre Lot
  • Property is near public transit
  • Main Floor Bedroom
  • Downey High School Rated A-
  • Traditional Architecture
  • High Ceiling

About This Home

FOUR DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL -- Rare opportunity to acquire four detached two-story single-family residences on one parcel in a desirable Downey location. Built in 1990 and situated on an expansive 20,000+ square-foot lot, the property consists of four detached homes with floor plans ranging from approximately 1,600 to 2,200 square feet. Each residence features an attached two-car garage, private entrance, and individual yard, offering residents the privacy and feel of single-family living. Owned by the same owner since 2003, the property has been maintained with periodic updates while presenting an opportunity for future improvements, including exterior wood maintenance and cosmetic enhancements. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four homes are occupied by long-term tenants currently on month-to-month rental agreements, providing immediate in-place income with potential future rental adjustment opportunities, subject to applicable law and existing tenancy terms. Conveniently located with easy access to major freeways, employment centers, shopping, dining, and everyday amenities, this is a rare multifamily investment featuring detached single-family-style homes, historically stable occupancy, consistent rental income, and favorable operating characteristics.

Listing Agent

Leslie Carmichael

Coldwell Banker Realty License #01351134

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,070

Year Built

  • Built in 1990

Lot Details

  • 20,189 Sq Ft Lot
  • Lot Dimensions are 257' x 79'
  • Vinyl Fence
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Back and Front Yard

Parking

  • 8 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Shared Driveway
  • Driveway Level
  • Parking Lot
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Tudor Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 7,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Entry Slope Less Than 1 Foot
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 5517
  • Assessor Parcel Number 6263009049
  • $1,626 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,070

Year Built

Built in 1990

Lot Details

0.46 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • Inclusions: Existing kitchen ranges.
  • Professional Management Expense: 288.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Traditional, Tudor
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 6263009049
  • Year Built: 1990
  • Special Features: ComingSoon

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished, High Ceilings, Copper Plumbing Full, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Carpet
  • Accessibility Features: Doors - Swing In, Entry Slope Less Than 1 Foot, Parking, Low Pile Carpeting
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 506.76
  • Room Type: Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Window Features: Blinds, Screens

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Vinyl, Wood, Average Condition
  • Pool Private: No
  • Roof: Composition, Shingle, Ridge Vents
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage, Driveway Level, Off Street, Private, Side by Side, Parking Space, Garage - Single Door, Concrete, Driveway, Direct Garage Access, Shared Driveway, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Cable Available, Electricity Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Microwave, Free-Standing Range, Gas Range, Dishwasher
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Forced Air, Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas, Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Biking, Street Lights, Storm Drains, Sidewalks, Suburban, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers On Side, Rectangular Lot, Sprinklers Timer, Lawn, Landscaped, Sprinklers In Rear, Near Public Transit, Sprinkler System, Level with Street, Front Yard, Back Yard, Lot 20000-39999 Sqft, Level, Sprinklers In Front
  • Lot Size: 257' x 79'
  • Lot Size Sq Ft: 20189.00
  • Lot Size Acres: 0.4635

Rental Info

  • Tenant Pays: All Utilities, Trash Collection, Telephone, Water, Cable TV

Multi Family

  • Average3 Bed Area: 1850 Square Feet
  • Gross Income: 141600.00
  • Gross Operating Income: 141500.00
  • Gross Scheduled Income: 141600.00
  • Insurance Expense: 5496.00
  • Lot Size Area: 20189.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 105276.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 36324.00
  • Other Expense: 6100.00
  • Other Expense Description: Earthqua
  • Rent Control: No
  • Total Actual Rent: 11800.00
  • Total Expenses: 36324.00

Tax Info

  • Tax Area: 3271
  • Tax Tract Number: 5517.00
  • Tax Annual Amount: 21070.00
  • Tax Year: 2024
  • TaxOtherAnnualAssessmentAmount: 1626.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26135135

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.