Listed by Lyon Stahl Investment Real Estate
$1,587,800
Two Detached Homes on 12,016 SF Lot
Details
APN 6259007053
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,264
Units 2
Cap Rate 3.38%
NOI $53,606
Pro-Forma Cap Rate 4.30%
Pro-Forma NOI $68,214
Price per SqFt $372
Year Built 1988
Buildings 2
Stories 2
Acreage 0.276
Zoning Assessor
Parking Spaces per unit
12,016 SF lot | Private Garages | Central Air
Marketing description
Exceptional opportunity to own a newer construction duplex featuring two detached homes on one large lot in a prime location in Downey. Built in 1988, this well-maintained property offers approximately 4,264 sqft of living space situated on an expansive 12,016 sqft lot. The front unit features 5 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 2 bathrooms, creating an ideal setup for owner-users, multigenerational living, or investors seeking strong rental potential. Each unit includes its own private 2-car garage, central air conditioning, and functional layouts designed for comfortable living. The oversized lot also provides ample parking and excellent utility, all conveniently located near shopping, dining, schools, and major freeway access. Rare opportunity to acquire a large income-producing property in a desirable Downey neighborhood.
Investment highlights
- Two Detached Homes on One Lot
- (1) 5 Bed/2 Bath (1) 2 Bed/2 Bath
- 4,264 Sqft Building on 12,016 Sqft Lot
- Built in 1988
- Private 2-Car Garages & Central Air
- Ample Parking in Downey
Listing Contacts
Listed by Lyon Stahl Investment Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,606.00
$4,467.17/mo
Valuation Metrics
0
DSCR
3.38%
Cap Rate
3.38%
ROI
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