8416 Luxor Street, Downey, CA 90241

$1,200,000
4,582
SqFt
Sold Price
$1,200,000
List Price
$1,200,000
Closing Date
Feb 16, 2021
Status
CLOSED
MLS#
PW21012471
Year Built
1952
Living Sq. Ft
4,582
Lot Size
14,743
Acres
0.3385
Lot Location
Lot 10000-19999 Sqft
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Level

Property Description

Triplex in the city of Downey with 3 separate buildings all with 3 bedrooms each and all with two car garages and lots of parking. Two of the units were built in 1997 and 1999, while the original house was built in in 1952. Unit #1 has 3 Bedrooms 1 Bath and 1,120 sq. ft. built in 1952 and rents for $1950. Unit #2 has 3 Bedrooms 2 Baths and 1,585 sq. ft. built in 1999 and rents for $1950. Unit #3 has 3 Bedrooms 2 Baths 1,877 sq. ft. built in 1999 and rents for $2475. The Lot is 14,743 square feet. Current rents are low and can be increased to reflect market rates.

Additional Information

Tract Number
5513
Lot Description
Sidewalks, Street Lights
Pool Description
None
Roof
Composition
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$76,500
Operating Expense
19125

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Patrick Cassara from Keller Williams Coastal Prop.

Listing sold by Patrick Cassara from Keller Williams Coastal Prop.