8721 Lyndora Street Downey, CA $ 1,274,000
8721 Lyndora Street
$ 1,274,000
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8721 Lyndora Street

Downey, CA, 90242
$ 1,274,000
Bedrooms8 Baths4.0 Sq 3,000

Monthly Estimate*

$ 8,467

Listed by Y Realty
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Multi-Family Home for sale in Downey, CA

for $1,274,000 with 8 bedrooms and 4 full baths. This 3,000 square foot home was built in 1958 on a lot size of 0.1221.

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.

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Multi-Family Active

Price

$ 1,274,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.1221

Year Built

1958

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

PW24004638

Days on Market

139

Features
General
Interior Features CeilingFans RecessedLighting
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession Negotiable
Roof Flat
Appliances GasCooktop
Zoning DOR3*
HOA 0.0
Garage Spaces 0.0
Architectural Style Traditional
Pool Features None
Construction Materials Stucco
Year Built 1958
Electric ElectricityOnProperty
Tenant Pays AllUtilities
View Neighborhood
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 73080.0
Community Features Curbs Gutters
Accessibility None
County Los Angeles
Net Operating Income 72331.0
Operating Expense 749.0
Insurance Expense 3095.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Trust
Status ActiveUnderContract
Directions 105 Freeway Exit Lakewood North and go Left on Imperial Highway
City Downey
Entry Location 1
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 8.0
Total Units 4
MLS Area D4 - Southeast Downey S of Firestone E of Downey
Lot Size Square Feet 5317.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 4
Street Name Lyndora
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing None
Trash Expense 2688.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 134
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 6090.0
Property Sub Type Additional Quadruplex
Cap Rate 4.0
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Interior
Flooring Carpet Laminate
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features Inside InKitchen
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing ChainLink
Parking Features Concrete Driveway Oversized
Lot Features Item01UnitAcre
Water Source Public
Total Parking 8.0
Lot Size Area 5317.0
Number of Buildings 1
Spa N
Building Area Total 3000.0
Lot Size Acres 0.1221
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 8721
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* Excluded Features
List By
Y Realty

Broker

(562) 619-1443

Phone

Affordability Calculator

$8,467
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,467
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2024$1,249,000 -3.85% Price Down
1/10/2024$1,299,000 Listed Price

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8721 Lyndora Street, Downey, CA, 90242 is a Multi-Family Home for sale at $1,274,000 with 3,000 sqft and a lot size of 0.1221. 8721 Lyndora Street has 8 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 90242 which is in Downey, CA