Downey, CA 90240,7224 Florence Avenue
Downey, CA 90240,7224 Florence Avenue
Downey, CA 90240,7224 Florence Avenue
Listed by Chris Keramati • Triqor Group
$2,225,000
Est. payment /mo
Est.Price: ?

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4,976 SqFt
SOLD DATE : 12/21/2021

Key Details

Sold Price $2,225,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $447

MLS Listing ID PW-21249310

Year Built 1953

Lot Size 0.716 Acres

Property Description

The Florence Avenue Property is a 6-unit apartment building, located in the desirable city of Downey, CA. This property is situated on a very large 31,000 square foot lot, which houses 6 large, single story, bungalow style, 2-Bedroom and 1-Bathroom units, each with its own garage. It is located on the major thoroughfare of Florence Avenue, and is in close proximity to CA-170 & I-5 Freeways, allowing for quick access to all the attractions of Southern California. An astute investor will recognize this property offers a unique opportunity to provide an income-producing asset in the strong rental market of Downey.

Location

State CA

County Los Angeles

Area D2 - Nw Downey, N Firestone, W Downey

Zoning DOR3-PB*

Interior

Laundry None

Exterior

Parking Features Gated

Garage Spaces 1.0

Pool None

Community Features Sidewalks, Street Lights, Urban

Building

Lot Description Lot 20000-39999 Sqft, Rectangular Lot

Sewer Conventional Septic

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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