Lara Kayali

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7375 -7385 Emily Lane

Downey, CA, 90242

ACTIVE

$4,100,000Price

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7375 -7385 Emily Lane, Downey, CA, 90242

7375 -7385 Emily Lane

Downey, CA, 90242

ACTIVE

$4,100,000Price

Unsave

Save

Description

An excellent opportunity to acquire a 16-unit multifamily building in Downey, CA. Located at 7375-7385 Emily Ln, this multifamily asset was built in 1958. It offers twelve 1 bed, 1 bath units and four 2 bed, 1 bath units. Residents of the property enjoy gated off-street parking, as well as a central courtyard and two on-site laundry rooms. The buildings boast a total of 10,200 gross rentable square feet spread across two separate parcels with aggregate lot square footage of 15,034. The property is within walking distance of restaurants on Imperial Hwy, the Rancho Los Amigos National Rehabilitation Center and Los Amigos Golf Course. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return.

Information

Price: $4,100,000

Days On Market: 16

Year Build: 1958

Details

Address: 7375 -7385 Emily Lane

County: Los Angeles

City: Downey

Zip: 90242

State: California

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Listing Agent: Justin White

Listing Office: Justin White

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