Skip To Content
    Return to Previous Page

    8139 4TH St

    Downey, CA 90241
    • $4,350,000
    • STATUS: Active Under Contract
    • ON SITE: 96 days
    • ID#: 20-595628
    Under Contract
    UPDATED: 31 min ago
    $4,350,000
    • 16
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,273
      SQFT
    • $598
      $/SQFT

    School Ratings & Info

    Description

    Presenting, a Very Rare Opportunity to be the First Owner of a New Construction in Prime Downey (COO: August 2020). An Excellent 8 Unit Building with a Mix of 4 Townhome Style Units and 4 Flats. ALL Spacious 2 Bedroom Units with 1.5 Bath and 2 Bath, in Select Units. With NO RENT CONTROL, Local or State, this Property is one to grab. Desirable Investment with Low Expenses: Individually Metered for Water, Electricity and Gas. Amenities include Central A/C, F/A Heating, Fully Sprinklered, Tankless Water Heaters, Washer and Dryer in All Units, State-Of-The-Art Components and Features. An Excellent Downtown Location, it is Walking Distance to Restaurants, Entertainment, Bars and Shopping. A Short Drive to Downey Landing, Stonewood Shopping Center, Kaiser Hospital, Freeways and Other Supporting Facilities. Please see attached image of actual building photos, currently under construction.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T19:42:54.443. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/107247290
    Print Image

    8139 4TH St Downey, CA 90241

    • Price: $4,350,000
    • Status: Active Under Contract
    • Updated: 31 min ago
    • ID#: 20-595628
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    7,273
    SQFT
    $598
    $/SQFT
    2020
    Built
    Neighborhood:
    Northwest Downey, N Of Firestone, W Of Downey
    County:
    Los Angeles
    Area:
    Northwest Downey, N Of Firestone, W Of Downey
    Property Description
    Presenting, a Very Rare Opportunity to be the First Owner of a New Construction in Prime Downey (COO: August 2020). An Excellent 8 Unit Building with a Mix of 4 Townhome Style Units and 4 Flats. ALL Spacious 2 Bedroom Units with 1.5 Bath and 2 Bath, in Select Units. With NO RENT CONTROL, Local or State, this Property is one to grab. Desirable Investment with Low Expenses: Individually Metered for Water, Electricity and Gas. Amenities include Central A/C, F/A Heating, Fully Sprinklered, Tankless Water Heaters, Washer and Dryer in All Units, State-Of-The-Art Components and Features. An Excellent Downtown Location, it is Walking Distance to Restaurants, Entertainment, Bars and Shopping. A Short Drive to Downey Landing, Stonewood Shopping Center, Kaiser Hospital, Freeways and Other Supporting Facilities. Please see attached image of actual building photos, currently under construction.
    Exterior Features

    Lot Size Area 11880 Other Structures None Parking Garage Carport Total Parking 12

    Interior Features

    Baths Total 16.00 Cooling Central Equipment Other Flooring Other Heating Central Laundry Inside Water Heater Features Tankless

    Property Features

    Assessed Total Value 480705 Gross Income 244200 Gross Operating Income 231990 Like Units1 2 Like Units2 2 Like Units3 4 Net Operating Income 157823.00 Number Of Buildings 1 Number Of Units 8 Property Condition New Construction Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 74167 Type Of Units Apartment Year Built Source Seller Zoning Dor3*

    Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-30T19:42:54.443. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-595628-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-595628-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-595628-2.jpg
    Logo
    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583