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$3,750,000
Est. payment /mo
15 Beds
12 Baths
0.46 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26135135
Bedrooms 15
Lot Size 0.463 Acres
Lot Dimensions 257' x 79'
Property Sub-Type Res Income 2-4 Units
Property Description
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. In total, 15 bedrooms, 12 baths between the four units, totaling 7,400 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 cosmetic enhancements and modernization. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four residences are currently occupied under month-to-month rental agreements. Current tenancies range from approximately four to more than twelve years, with three of the four tenancies extending approximately nine years or longer. Exceptional occupancy history, with Seller reporting approximately only one to two months of physical vacancy across the four residences during the past five years. Scheduled rent increases become effective September 20, 2026, and all tenants have indicated their intention to remain in occupancy following the increases. Conveniently located with easy access to major freeways, employment centers, shopping, dining, and everyday amenities, this is a rare multifamily in
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Lakewood Blvd to Imperial Hwy and Barlin is one block/signal to the west. Turn south on Barlin and property is two-story homes o
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6263009049
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Leslie Carmichael, DRE#01351134 Coldwell Banker Realty
Nearby School & Business
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