Property · 2 recorded sales since 2017
Listing Agent: Doug Rodermund (DRE #01314304) · Listing Office: Morgan Skenderian · Contact: 949-251-8800 · Bought with: John (Jack) Mangin · Palm Realty Boutique, Inc. · MLS #PW21113537 · Source: CRMLS
We are pleased to present 7745 Florence Avenue, an 18-unit investment property located in the highly desirable rental market of Downey. Comprised of majority 2-bedroom units, this North Downey investment opportunity offers a phenomenal rental location on Florence Avenue offering excellent street visibility and allows tenants to travel through the Greater Los Angeles area with ease. The property has been well-maintained and offers ample tuck-under parking, on-site laundry and a walk score of 78 allowing most daily errands to be accomplished by foot. Attractively priced with a low cost per square foot, 7745 Florence Avenue is a rarely available North Downey investment opportunity that features a large amount of rental upside making this an excellent investment opportunity to achieve long-term growth. *Rare North Downey Opportunity, *Phenomenal Rental Location on Florence Avenue, *Majority 2-Bedroom Units, *Low Cost Per Square Foot, *Large Amount of Rental Upside
Listing description from the September 2021 sale, as reported to CRMLS.