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Downey, CA 90242 8721 Lyndora Street

$1,274,000

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Presented By: Jennifer Davis with Y Realty; 562-619-1443
  • MLS# PW24004638
  • 01/09/2024
  • Request Tour
  • Request Info
  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 3,000

Home Details

This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up very often. This building is located on a quiet cul-de-sac with similar buildings. This is a trust sale and able to be sold quickly if you are interested. The building has a private gated grass area for the tenants for entertainment or gathering purposes. This building is located near the 105, 605, 91 and 5 freeways.
Presented By: Jennifer Davis with Y Realty; 562-619-1443

Interior Features for 8721 Lyndora Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesInside, InKitchen
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 8721 Lyndora Street

AccessibilityNone
Additional Parcels Y/NNo
AppliancesGasCooktop
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.0
Carport Spaces0.0
Carport Y/NNo
CityDowney
Community FeaturesCurbs, Gutters
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
Days on Market78
Directions105 Freeway Exit Lakewood North and go Left on Imperial Highway
ElectricElectricityOnProperty
Electric Expense0.0
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income73080.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3095.0
Interior FeaturesCeilingFans, RecessedLighting
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet5317.0
MLS AreaD4 - Southeast Downey, S of Firestone, E of Downey
MobileHomeRemainsYNNo
Net Operating Income72331.0
New ConstructionNo
Number of Units Leased4
Open Parking Spaces8.0
Operating Expense749.0
Pool FeaturesNone
PossessionNegotiable
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Street NameLyndora
Tax Lot4
Tenant PaysAllUtilities
Total Actual Rent6090.0
Total Units4
Trash Expense2688.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningDOR3*

Exterior for 8721 Lyndora Street

Building Area Total3000.0
Crops Included Y/NNo
FencingChainLink
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1221
Lot Size Area5317.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesConcrete, Driveway, Oversized
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,274,000
MLS#PW24004638
List Date 01/09/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors