$1,299,000

Multi Family In Downey

  • 7 Beds
  • 4 Baths
  • 7,571 Sqft lot
  • Updated: Yesterday
  • Source:
    San Diego MLS  MLS#OC26204772

About the Property

**FOUR-UNIT DOWNEY INVESTMENT󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 OPPORTUNITY | $7,149 CURRENT MONTHLY RENT.** Welcome to 7964 Farm Street, Downeya well-located four-unit residential income property offering an excellent opportunity for investors seeking an established rental asset in a desirable Los Angeles County community. The property consists of four separately addressed residential units: [hidden information]
**FOUR-UNIT DOWNEY INVESTMENT󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃢󠂀󠂋󠃢󠂁󠂤󠃳󠂠󠂁󠂁 OPPORTUNITY | $7,149 CURRENT MONTHLY RENT.** Welcome to 7964 Farm Street, Downeya well-located four-unit residential income property offering an excellent opportunity for investors seeking an established rental asset in a desirable Los Angeles County community. The property consists of four separately addressed residential units: [hidden information] and 7968.5 Farm Street. The unit mix includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, totaling 7 bedrooms and 4 bathrooms. The property currently generates **$7,149 per month in scheduled rental income, or $85,788 annually**, providing an established income stream for the next owner. Current monthly rents are $1,611 for 7964, $1,982 for 7966, $2,040 for 7968, and $1,516 for 7968.5. An additional attraction is the stability of the existing tenancy. The current rent roll reflects long-term occupants, with move-in dates ranging from 2006 through 2017, offering a buyer the opportunity to acquire an income-producing property with established rental history and reduced lease-up risk. **CURRENT RENT ROLL:** 7964 Farm Street 2 BR / 1 BA $1,611/month; 7966 Farm Street 2 BR / 1 BA $1,982/month; 7968 Farm Street 2 BR / 1 BA $2,040/month; 7968.5 Farm Street 1 BR / 1 BA $1,516/month. **Total: 4 Units | 7 Bedrooms | 4 Bathrooms | $7,149 Monthly Rent | $85,788 Annual Scheduled Rent.** The three 2-bedroom units offer attractive layouts for households seeking additional living space, while the 1-bedroom unit provides a complementary rental option. Located in Downey, the property benefits fro **FOUR-UNIT DOWNEY INVESTMENT OPPORTUNITY | $7,149 CURRENT MONTHLY RENT.** Welcome to 7964 Farm Street, Downeya well-located four-unit residential income property offering an excellent opportunity for investors seeking an established rental asset in a desirable Los Angeles County community. The property consists of four separately addressed residential units: [hidden information] and 7968.5 Farm Street. The unit mix includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, totaling 7 bedrooms and 4 bathrooms. The property currently generates **$7,149 per month in scheduled rental income, or $85,788 annually**, providing an established income stream for the next owner. Current monthly rents are $1,611 for 7964, $1,982 for 7966, $2,040 for 7968, and $1,516 for 7968.5. An additional attraction is the stability of the existing tenancy. The current rent roll reflects long-term occupants, with move-in dates ranging from 2006 through 2017, offering a buyer the opportunity to acquire an income-producing property with established rental history and reduced lease-up risk. **CURRENT RENT ROLL:** 7964 Farm Street 2 BR / 1 BA $1,611/month; 7966 Farm Street 2 BR / 1 BA $1,982/month; 7968 Farm Street 2 BR / 1 BA $2,040/month; 7968.5 Farm Street 1 BR / 1 BA $1,516/month. **Total: 4 Units | 7 Bedrooms | 4 Bathrooms | $7,149 Monthly Rent | $85,788 Annual Scheduled Rent.** The three 2-bedroom units offer attractive layouts for households seeking additional living space, while the 1-bedroom unit provides a complementary rental option. Located in Downey, the property benefits from convenient access to major transportation corridors, employment centers, shopping, dining and amenities throughout Southeast Los Angeles and surrounding communities. For investors, 7964 Farm Street offers the combination of four separate income-producing residences, established tenants and a proven rental history. The diverse unit mix and long-term occupancy provide a solid foundation for continued rental income while offering potential for future rent growth. Whether you’re an experienced multifamily investor or looking to add your first income property, this is an opportunity to acquire an established asset in a highly accessible Southern California market. **7964 Farm Streetfour units, four income streams, one opportunity.**
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  • Property type

    Other

  • Floors

    2

Features

  • Investment Property

Explore the Area

7964 Farm, Downey, California, United States View on Google Maps
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Irvine Ranch Realty - Irvine

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Irvine Ranch Realty - Irvine
California, United States
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Irvine Ranch Realty - Irvine
Irvine, California, United States
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Last updated
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First listed
September 26
Listing reference
OC26204772
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