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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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