Downey, CA 90240,7224 Florence Avenue
Downey, CA 90240,7224 Florence Avenue
Downey, CA 90240,7224 Florence Avenue
9
$2,225,000
$2,250,000
1.1%
Est.Price: ?

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2 BD
1 BA
0.72 Acres Lot

7224 Florence Avenue Downey, CA 90240

Est. payment /mo
SOLD DATE : 12/21/2021

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Key Details

Sold Price $2,225,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW21249310

Bedrooms 2

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.
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 Downey (90240)

Zoning Public Rec

Building

Lot Description Sidewalks

Sewer Septic Installed

Others

Acceptable Financing Conventional

Space Rent $1,599

Listing Terms Conventional

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San Diego Regional MLS (SDMLS)
Listed by Chris Keramati • Triqor Group
Bought with Chris Keramati • Triqor Group

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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