12143 Downey Avenue

Property Overview

Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. 5 of the 8 units have been fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! access to 605, 105, 710 FWY's.

Home Details

Property type: ResidentialIncome - Apartment
Year built: 1965
Lot size: 10,132 sq ft
Parking: 12 spaces
Garage: 2 spaces
Carport: 8 spaces
Stories: 2
Days on market: 270
MLS status: Active

Features & Amenities

Parking

Carport
Detached Carport
Garage

Pool

None

Lot

Walkstreet

Community, Schools & Utilities

Community

View: None

Utilities

Heating: Central
Cooling: CentralAir
Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Downey, CA 90242

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Frequently Asked Questions About 12143 Downey Avenue

Property type: Residential Income

The current asking price is $3,450,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12143 Downey Avenue. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1965. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Downey, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Downey property.

The MLS currently reports the property as Active. It has been listed for 270 days. Status can change, so verify availability before relying on it.