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    12437 Dunrobin Avenue

    Downey, CA 90242
    • $1,674,999
    • STATUS: Active
    • ON SITE: 199 days
    • ID#: SB20200716
    UPDATED: 56 min ago
    $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 2021-04-13T11:25:33.267. 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 Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/110417988
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    12437 Dunrobin Avenue Downey, CA 90242

    • Price: $1,674,999
    • Status: Active
    • Updated: 56 min ago
    • 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 2.00 Fence YN Yes Fencing ElectricSecurity Garage Spaces 6.00 Lot Features 2-5 Units/AcreSprinklers In Front Lot Size Source Assessor Lot Size Units Square Feet Parking Features CarportGarage Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area 0 Average Studio Area Units Square Feet Average1 Bed Area 750 Average1 Bed Area Units Square Feet Average2 Bed Area 950 Average2 Bed Area Units Square Feet Average3 Bed Area 1200 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Mirror Closet Door(S) Fireplace Features Family Room Fireplace YN Yes Laundry Features Dryer IncludedIn KitchenWasher Included Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.75 Community Features Sidewalks Country Us Electric Expense 696.00 Elevation Units Feet Fuel Expense 650.00 Gardener Expense 600.00 Gross Income 112680.00 Gross Multiplier 14.87 Gross Operating Income 110426.00 Gross Scheduled Income 112680.00 Gross Spendable Income 79507.00 Insurance Expense 1804.00 Land Lease YN No Laundry YN Yes Maintenance Expense 720.00 Net Operating Income 79507.00 New Construction YN No New Taxes Expense 20937.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Number Wall AC 8 Number With Disposal 5 Number With Range 5 Number With Refrigerator 5 Operating Expense 30919.00 Operating Expense Percent 27.44 Professional Management Expense 2254.00 Property Condition Building PermitTurnkeyUpdated/Remodeled Property Sub Type Quadruplex Rent Control YN No Security Features Automatic GateCarbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 123480.00 Total Expenses 30919.00 Trash Expense 2058.00 Vacancy Allowance 2254 Vacancy Allowance Rate 2.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor

    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 2021-04-13T11:25:33.267. 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 Realty Masters & Associates. Licensed in the State of California, USA.
     
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