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7375 -7385 Emily Lane
MixedUse
$3,500,000

Units

16

Building Size

10,200 sf

Lot Size

15,034 sf

Status

Sold

Listing Agent: Justin White, Justin White

Downey

7375 -7385 Emily Lane

About This Property

An excellent opportunity to acquire a 16-unit multifamily building in Downey, CA. Located at 7375-7385 Emily Ln, this multifamily asset was built in 1958. It offers twelve 1 bed, 1 bath units and four 2 bed, 1 bath units. Residents of the property enjoy gated off-street parking, as well as a central courtyard and two on-site laundry rooms. The buildings boast a total of 10,200 gross rentable square feet spread across two separate parcels with aggregate lot square footage of 15,034. The property is within walking distance of restaurants on Imperial Hwy, the Rancho Los Amigos National Rehabilitation Center and Los Amigos Golf Course. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return.

Unit Mix

  • 1 unit · 1bd / 1ba
  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Downey. Want to learn more about the area?

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Sold For

$3,500,000

Listing Agent

Justin White

Justin White