955 S Downey Road
Los Angeles, CA 90023
- – beds
- – baths
- – sqft
- 7,388 sqft lot
- 1949 build
- – on site
We are proud to exclusively present the opportunity to acquire 955 South Downey Road, a multifamily investment located in the unincorporated area of Los Angeles, California. This six-unit property is situated on a 7,388-square-foot lot with a total building area of 4,372 square feet. The property is composed of a well-balanced mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Key amenities include an on-site laundry facility, an upgraded electrical panel, six tuck-under parking spaces, and additional open parking. Each unit is individually metered for gas and electricity, with separate hot water heaters for enhanced efficiency. 955 South Downey Rd is located in a prime, well-connected opportunity zone of Los Angeles, offering a blend of convenience and accessibility. Situated in the heart of one of the city's dynamic neighborhoods, this location provides easy access to major highways (I-710, I-5,I-10, CA-60 & Highway 101), public transportation, and key commercial and residential areas. It is strategically positioned approximately six miles east of the vibrant Downtown Los Angeles, making it ideal for businesses and residents who value proximity to city amenities, entertainment hubs, and cultural attractions, while having the option to live in a more tranquil neighborhood. In addition, the apartment building is within a three-mile radius of several key landmarks and institutions including East Los Angeles College (ELAC), Citadel Outlets, and the brand new Topgolf located in Montebello. As one of the largest community colleges in the Los Angeles Community College District, ELAC’s main campus spans about 25 acres and serves over 15,000 students annually with a high transfer rate to four-year universities. Known for being one of the premier shopping destinations in the region, Citadel Outlets is located nearby and serves as a key retail landmark. Offering designer brand outlets and a wide array of dining and entertainment options, Citadel attracts both local shoppers and visitors from across the greater Los Angeles area. Last but not least, Topgolf Montebello opened its doors on May 3rd, 2024, marking the company’s 100th global outdoor Topgolf venue. It is a premier destination for an interactive social golfing experience, combining cutting-edge technology, fun games, delicious food, and a lively atmosphere for all ages, from golf novices to seasoned pros.
Listed By CRMLS_CA / Douglas McCauley / MARCUS & MILLICHAP / 626-695-6776
Last checked:
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Last updated Jan 14, 2025
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MLS# CV25008406 —
The Building
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Year Built:1949
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Year Built Source:Other
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New Construction:No
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Building Area Total:4372.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:7
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# of Separate Water Meters:1
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# of Separate Electric Meters:7
Interior
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Entry Location:North
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Laundry:Common Area
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Laundry:1
Location
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Directions:North of I-5 Freeway, South of Whittier Blvd
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Latitude:34.02252400
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Longitude:-118.18040600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LCR4YY
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Lot Features:Rectangular Lot
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Lot Size Area:7388.0000
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Lot Size Acres:0.1696
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Lot Size SqFt:7388.00
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Lot Size Source:Other
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5313.01
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Tax Lot:115
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5236006009
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Neighborhood:East Los Angeles
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/13/25
Jan 13, 2025
|
Listed / Active | CRMLS_CA | $1,550,000 |