1362 South Downey Road

Los Angeles CA 90023

$850,000

Status: Active


Property Details

Description

Great investment opportunity, recently remodeled property currently serves as a duplex. Front unit is 3 bedrooms and 1 bath with washer/dryer hook up. Currently leased on a month-to-month contract. Attached unit, vacant, is a studio with its own bathroom and washer/dryer unit. Detached garage, ready for new owner to convert to a living unit. Tremendous opportunity in a great area, close to freeways and downtown LA. To owners knowledge all work, remodel was done by licensed contractor. Tax records show as 860 sq ft, currently 1427 sq ft per recent appraisal. Buyers to perform their inspections and due diligence.

Map Location


Mark S. McDonald

Mark S. McDonald

CA DRE# 01154045

7863 Girard Avenue La Jolla, CA 92037
619-665-4614

Mark S. Mcdonald

619-665-4614
mark.mcdonald@compass.com
DRE# 01154045​​​​​​​

Global Real Estate Advisor Group • Compass

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

*Listed in RealTrends 2023 and featured in the Wall Street Journal. These rankings are based on medium sized teams and ranked by volume. It honors America’s finest real estate agents and teams from across the U.S. According to RealTrends, those that made the list are the top 1.49% of > 1.6 million licensed Realtors® nationwide.


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