9138 Margaret Street,  Downey CA, 90241 (Residential Income)

2,816 sqft
Status: Pending
MLS#: PW16146675
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Last Updated: 12/7/2016 8:32 PM
Description for 9138 Margaret Street Downey, CA 90241
Rare find in today's market. 4 unit residential income property centrally located in the heart of Downey. Property is located at the end of a cul-de-sac away from heavy traffic. Property has two buildings that are separated by a large concrete driveway. Each unit has 2 bedrooms and 1 bath. All units have green space and three units have a private backyard making them highly desirable. There is also a large yard located on the northeast portion of the property that's great for gatherings. There are two large enclosed garages and each unit is assigned one parking space inside the garage. There are a total of 8 parking spaces available on the property. The property is located within walking distance of Stonewood Mall, Downey Landing and The Promenade of Downey. There are also several schools nearby serving the community.
Price
$970,000
Los Angeles
2,816 (approx)
PW16146675
Pending
Description
Rare find in today's market. 4 unit residential income property centrally located in the heart of Downey. Property is located at the end of a cul-de-sac away from heavy traffic. Property has two buildings that are separated by a large concrete driveway. Each unit has 2 bedrooms and 1 bath. All units have green space and three units have a private backyard making them highly desirable. There is also a large yard located on the northeast portion of the property that's great for gatherings. There are two large enclosed garages and each unit is assigned one parking space inside the garage. There are a total of 8 parking spaces available on the property. The property is located within walking distance of Stonewood Mall, Downey Landing and The Promenade of Downey. There are also several schools nearby serving the community.
Listing Information
Property Type: Cluster, 1 Story
0.28 Acres 1,221,900 sq.ft. 2,816 (approx)
$344.46 1951
Yes- 4 spaces 1
4 Total
Neighborhood
Room Information
Hookups in Garage
Interior Features
None
Gas Heat, None, Wall Unit
No Fireplace
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Assigned Parking Space
None
No Pool
Sidewalks, Street Lights, Curbs Walk
Driving Directions
Cross Streets: Lakewood Blvd.
Financial Considerations
6284011008
$62,400 Income ,$13,800Expense
Listing Price History

Downey Real Estate

Downey is located in California. Downey, California 90241 has a population of 111,807.

The median household income in Downey, California 90241 is $60,132. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Downey 90241 is 34.1 years.

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Courtesy: Centerpointe Real Estate Francisco Uriarte
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