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    12437 Dunrobin Avenue

    Downey, CA 90242
    • $1,674,999
    • STATUS: Active Under Contract
    • ON SITE: 204 days
    • ID#: SB20200716
    Under Contract
    $1,674,999
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,839
      SQFT
    • $436
      $/SQFT

    School Ratings & Info

    Description

    Super clean large 4-unit plus room with bathroom in Downey!! Consisting of a (3BR/2BA), (2BR/2BA), (2BR/1BA), (1BR/1BA), and bonus (0BR/1BA storage or guest quarters). Enjoy all the major renovations, modernization, and improvements completed just weeks ago! This may not be a mini-mansion, but instead a mansion of equity being generated from the comforts of your own home! A terrific investment for both owner occupant or non-owner occupied investor. Each unit is an entertainers delight with brand new upgraded kitchens that come with (stainless steel appliances including stoves, refrigerators, Washers and dryers in all units. ) Each unit also comes with brand new upgraded bathrooms and easy to manage ceramic tile, new bathroom fixtures, newly installed waste disposal systems, energy efficient air conditioning, new, stylish water resistant floors throughout, new windows, recessed lightning, and so much more. Improvements give the units a serene, modern, and easy to maintain feel. Three of the four units are tenant occupied with excellent rental income as described below, while providing the 3 bedroom, 2 bath home available for an owner occupant or seller can place tenant at rates described below prior to COE. Tenants will appreciate the ample available parking from the 7 carports and 2 garages and peace of mind from a secured electric gate. Location, location, location, centrally located near popular shopping centers Downey Landings and Downey Promenade.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/110417988
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    12437 Dunrobin Avenue Downey, CA 90242

    • Price: $1,674,999
    • Status: Active Under Contract
    • ID#: SB20200716
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,839
    SQFT
    $436
    $/SQFT
    1965
    Built
    Neighborhood:
    D3 - Southwest Downey, S of Firestone, W of Downey
    County:
    Los Angeles
    Area:
    D3 - Southwest Downey, S of Firestone, W of Downey
    Property Description
    Super clean large 4-unit plus room with bathroom in Downey!! Consisting of a (3BR/2BA), (2BR/2BA), (2BR/1BA), (1BR/1BA), and bonus (0BR/1BA storage or guest quarters). Enjoy all the major renovations, modernization, and improvements completed just weeks ago! This may not be a mini-mansion, but instead a mansion of equity being generated from the comforts of your own home! A terrific investment for both owner occupant or non-owner occupied investor. Each unit is an entertainers delight with brand new upgraded kitchens that come with (stainless steel appliances including stoves, refrigerators, Washers and dryers in all units. ) Each unit also comes with brand new upgraded bathrooms and easy to manage ceramic tile, new bathroom fixtures, newly installed waste disposal systems, energy efficient air conditioning, new, stylish water resistant floors throughout, new windows, recessed lightning, and so much more. Improvements give the units a serene, modern, and easy to maintain feel. Three of the four units are tenant occupied with excellent rental income as described below, while providing the 3 bedroom, 2 bath home available for an owner occupant or seller can place tenant at rates described below prior to COE. Tenants will appreciate the ample available parking from the 7 carports and 2 garages and peace of mind from a secured electric gate. Location, location, location, centrally located near popular shopping centers Downey Landings and Downey Promenade.
    Exterior Features

    Carport Spaces 2 Carport YN Yes Fencing ElectricSecurity Lot Features 2-5 Units/AcreSprinklers In Front Number Of Separate Electric Meters 5 Parking Features CarportGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Appliances DryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Mirrored Closet Door(S) Fireplace Features Family Room Fireplace YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.75 Common Interest None Community Features Sidewalks Contingency 30 Days Disclosures Familial RelationHome WarrantySection 8 Approved Electric Expense 696 Fuel Expense 650 Garage YN Yes Gross Income 112680 Gross Scheduled Income 112680 Insurance Expense 1804 Land Lease YN No Laundry Features In Kitchen Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 720 Net Operating Income 79507 New Construction YN No New Taxes Expense 20937 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 30919 Property Condition Building PermitUpdated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Carbon Monoxide Detector(S)Security GateSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 123480 Trash Expense 2058 Vacancy Allowance 2254 Vacancy Allowance Rate 2 Water Sewer Expense 1200 Water Source Public

    Listing provided courtesy of Isaac Rosales of Lyon Stahl Investment Real Estate, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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