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12843 Columbia Way 0.14 Acres of Residential Land Offered at $1,100,000 in Downey, CA 90242
INVESTMENT HIGHLIGHTS
- Well maintained duplex
- Desirable Location
- Close to Kaiser, LA County Office of Education, Shopping, Restaurants
- Great investment opportunity
- Nicely landscaped yards with fruit trees
- Freeway Access
EXECUTIVE SUMMARY
Well maintained duplex with good tenants in place. Great investment opportunity. Desirable location. Both units have 2 bedrooms and 1 bath,
interior laundry and Central AC/Heat. Upgrades include full copper repipe, Oak cabinetry, Remodeled kitchens, Tile flooring and Hardwired smart
smoke/co detectors. Owner pays water for both units. Gas and electricity are individually metered and paid by Tenants. 1 unit has a 2 car garage
and the other has gated cement pad parking in the yard. Nicely landscaped yards with fruit trees. Good tenants in place. Rents currently close to
market rate. Close to Kaiser, LA County Office of Education, Shopping, Restaurants and Freeway Access. Pics taken when previously vacant. Please
do not disturb Tenants!
interior laundry and Central AC/Heat. Upgrades include full copper repipe, Oak cabinetry, Remodeled kitchens, Tile flooring and Hardwired smart
smoke/co detectors. Owner pays water for both units. Gas and electricity are individually metered and paid by Tenants. 1 unit has a 2 car garage
and the other has gated cement pad parking in the yard. Nicely landscaped yards with fruit trees. Good tenants in place. Rents currently close to
market rate. Close to Kaiser, LA County Office of Education, Shopping, Restaurants and Freeway Access. Pics taken when previously vacant. Please
do not disturb Tenants!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,800
|
$33,496.16
|
| Taxes |
$10,918
|
$76,189.81
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,918
|
$76,189.81
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $4,800 |
| Annual Per AC | $33,496.16 |
| Taxes | |
|---|---|
| Annual | $10,918 |
| Annual Per AC | $76,189.81 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $10,918 |
| Annual Per AC | $76,189.81 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $1,100,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Zoning | DOR2 - Duplex | ||
| Price | $1,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.14 AC |
| Zoning | DOR2 - Duplex |
1 LOT AVAILABLE
Lot 1
| Price | $1,100,000 | Lot Size | 0.14 AC |
| Price Per AC | $7,678,829.47 |
| Price | $1,100,000 |
| Price Per AC | $7,678,829.47 |
| Lot Size | 0.14 AC |
1 1
Walk Score®
Very Walkable (74)
1 of 141
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12843 Columbia Way
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