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Off market
  • $1,126,900

    8040 7th St, Downey, CA 90241

    6beds
    3baths
    2,633sqft
    MultiFamily
    Built in 1979
    -- sqft lot
    $1,126,900 Zestimate®
    $428/sqft
    $3,820 Estimated rent

    Owner options

    List your home for rent

    $3,820/mo

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    $3,820/mo

    Rent Zestimate®

    Refinance and save

    $7,045/mo

    Est. payment

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    $7,045/mo

    Est. payment

    What's special

    The subject property is a 3-unit apartment building located in of the most sought after areas along the 605 corridor, in North Downey. The current rents are well below the market average, providing the new owner an excellent opportunity to increase the cash flow substantially. The city of Downey has had a tremendous amount of new development in recent years, and is positioned to remain an extremely strong rental market for years to come.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Central
    Interior area
    • Total interior livable area: 2,633 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Garage - Detached
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 6251035046

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1979

    Community & neighborhood

    Location
    • Region: Downey

    Other

    Other facts
    • County: Los Angeles
    • PropertyType: Residential Income
    • SourceLotSizeArea: Assessor
    • ParkingGarage: Carport Detached
    • SourceLivingArea: Assessor
    • Cooling: Central
    • Heating: Central
    • Country: US
    • ListingStatus: Pending
    • ListingArea: Northwest Downey, N of Firestone, W of Downey
    • UnitTypeType: 2106, 2107
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    Estimated market value
    $1,126,900