For more information regarding the value of a property, please contact us for a free consultation.
7224 Florence Avenue Downey, CA 90240
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
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
Read Less
Bought with Chris Keramati • Triqor Group