8139 4TH Street, Downey, CA 90241

$4,350,000
List Price
$4,350,000
Status
ACTIVE UNDER CONTRACT
MLS#
20595628
Year Built
2020
Lot Size
11,880
Acres
0.26
Days on Market
47
Property Type
Multifamily

Property Description

Presenting, a Very Rare Opportunity to be the First Owner of a New Construction in Prime Downey (COO: August 2020). An Excellent 8 Unit Building with a Mix of 4 Townhome Style Units and 4 Flats. ALL Spacious 2 Bedroom Units with 1.5 Bath and 2 Bath, in Select Units. With NO RENT CONTROL, Local or State, this Property is one to grab. Desirable Investment with Low Expenses: Individually Metered for Water, Electricity and Gas. Amenities include Central A/C, F/A Heating, Fully Sprinklered, Tankless Water Heaters, Washer and Dryer in All Units, State-Of-The-Art Components and Features. An Excellent Downtown Location, it is Walking Distance to Restaurants, Entertainment, Bars and Shopping. A Short Drive to Downey Landing, Stonewood Shopping Center, Kaiser Hospital, Freeways and Other Supporting Facilities. Please see attached image of actual building photos, currently under construction.

Additional Information

Heat
Central
Cooling
Yes
Cooling Description
Central Air
Number Of Units Total
8
Unit One Total Units
2
Unit One Beds
2
Unit One Baths
2
Unit One Actual Rent
2575.00
Unit One Total Rent
5150.00
Unit One Pro Forma
5200
Unit One Furnished
Unfurnished
Unit Two Total Units
2
Unit Two Beds
2
Unit Two Baths
1
Unit Two Actual Rent
2525.00
Unit Two Total Rent
5050.00
Unit Two Pro Forma
5100
Unit Two Furnished
Unfurnished
Unit Three Total Units
4
Unit Three Beds
2
Unit Three Baths
1
Unit Three Actual Rent
2538.00
Unit Three Total Rent
10150.00
Unit Three Pro Forma
10300
Unit Three Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Shant Sherbetdjian from Remax Commercial and Investment Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.