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    8323 Vista Del Rio Avenue

    Downey, CA 90240
    • $1,800,000
    • STATUS: CONTINGENT
    • ON SITE: 257 Days
    • ID#: PW21020262
    Under Contract
    UPDATED: 26 min ago
    $1,800,000
    • 7
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential. Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    8323 Vista Del Rio Avenue Downey, CA 90240

    • Price: $1,800,000
    • Status: CONTINGENT
    • Updated: 26 min ago
    • ID#: PW21020262
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    Neighborhood:
    Downey (90240)
    County:
    Los Angeles
    Area:
    Downey (90240)
    Property Description
    Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential. Expansive lot over 25,000 sq ft consisting of two separate homes and a duplex. Buildings are spaced as if they are on separate lots, and all have their own private yard space. The front house is a 2 bed, 1.5 bath, with a 2 car garage, laundry, and a gated backyard with a pool. A long driveway leads to the 2nd house which is tucked away from the street front. This is a 2 bed, 1 bath with a 2 car garage, backyard and laundry. The duplex is hidden away barely visible from the street, private and secluded. The duplex is made up of a 2 bed, 1 bath with 2 car garage, and a sizeable backyard, and a quaint 1 bed, 1 bath with front courtyard and 2 car covered carport. Newer roof on all buildings. Many large single family residences built on smaller lots in the area. Rarely do lots this size come to market. Unique opportunity to unleash this property's potential.
    Exterior Features

    Irrigation Sprinklers Pool Private Roof Composition

    Interior Features

    Cooling N/K Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 3.8 Annual Expense Actual 34600 Buildings 3 Gross Rent Multiplier Actual 17.44 Gross Scheduled Income Actual 103200 Possession Close Of Escrow Tenant Pays Cable TvElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2900.0 Unit2 Rent Actual 2000.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 0.0 Zoning Assessor

    Listing provided courtesy of Keller Williams Pacific Estate. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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