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NewLuxury

$1,700,000

3,964 sqft$429/sqft9 days on market

7411 Arnett Street

Downey, CA 90241

· 8% down, 7% APR, 30yr fixed

14

Beds

11

Baths

3,964

Square feet

1955

Built

Listing narrative

Description

Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.

Listing agent (MLS): Dana Coronado · Listing brokerage (MLS): Compass

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,700,000

Beds

14 bd

Type

House

Home Size

3,964 sqft

Baths

11

Lot Size

0.13 acres

Year

1955

Status

New

Days on Market

9

$ / Sqft

$429

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass