1245 S Downey Road

    East Los Angeles, CA 90023
    • $545,000
    • STATUS: Active Under Contract
    • ON SITE: 55 days
    • ID#: IV18250639
    Under Contract
    UPDATED: 63 min ago
    $545,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,404
      SQFT
    • $388
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    WONDERFUL OPPORTUNITY DUPLEX... LIVE IN ONE & RENT THE OTHER. THERE ARE 2 UNITS EACH HAVING 2 BEDROOMS & 1 BATHROOM WITH SEPARATE ELECTRIC/GAS/ WATER METERS IN THE HEART OF EAST LOS ANGELES. ADDRESSES ARE 1245 & 1247 DOWNEY RD. PROPERTY LOCATED IN A GREAT LOCATION CLOSE TO THE 5/710/60 FREEWAYS, SHOPPING AREA AND DOWNTOWN. THIS IS A GREAT OPPORTUNITY AND WILL GO FAST!!! BUYER TO VERIFY ALL INFORMATION REGARDLESS OF SOURCE, INCLUDED BUT NOT LIMITED TO SQUARE FOOTAGE AND LOT SIZES IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED PROFESSIONALS.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/88714463

    1245 S Downey Road East Los Angeles, CA 90023

    • Price: $545,000
    • Status: Active Under Contract
    • Updated: 63 min ago
    • ID#: IV18250639
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,404
    SQFT
    $388
    $/SQFT
    1926
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    Property Description
    WONDERFUL OPPORTUNITY DUPLEX... LIVE IN ONE & RENT THE OTHER. THERE ARE 2 UNITS EACH HAVING 2 BEDROOMS & 1 BATHROOM WITH SEPARATE ELECTRIC/GAS/ WATER METERS IN THE HEART OF EAST LOS ANGELES. ADDRESSES ARE 1245 & 1247 DOWNEY RD. PROPERTY LOCATED IN A GREAT LOCATION CLOSE TO THE 5/710/60 FREEWAYS, SHOPPING AREA AND DOWNTOWN. THIS IS A GREAT OPPORTUNITY AND WILL GO FAST!!! BUYER TO VERIFY ALL INFORMATION REGARDLESS OF SOURCE, INCLUDED BUT NOT LIMITED TO SQUARE FOOTAGE AND LOT SIZES IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED PROFESSIONALS.
    Exterior Features

    Architectural Style Contemporary Construction Materials Stucco Fence YN Yes Fencing Chain LinkStucco WallWood Foundation Details Raised Garage Spaces 2.00 Lot Features Back YardFront YardLandscapedYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayGarage Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No

    Interior Features

    Appliances Gas Stove Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 784 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTile Heating None Heating YN No Interior Features Ceiling FanCopper Plumbing Full Laundry Features Area Levels One Room Type Jack & JillKitchenLaundry

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksSuburban Country Us Elevation Units Feet Gross Income 14800.00 Gross Scheduled Income 24000.00 Insurance Expense 2200.00 Land Lease YN No Laundry YN Yes Net Operating Income 22000.00 New Construction YN No New Taxes Expense 5000.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 2000.00 Property Sub Type Duplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 2000.00 Total Expenses 9200.00 Trash Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lcr4yy

    Listing provided courtesy of Rebecca Fierro of Re/Max Horizon.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T14:29:48.957. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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