N/A
Bedrooms
Sold for $1,315,000 · Nov 2026
SOLDListed at $1,299,000
Downey, CA
MLS# OC26204772
Steve Morton
Listing Agent
Irvine Ranch Realty
DRE #: 01128445
Brokerage: Irvine Ranch Realty
N/A
Bedrooms
N/A
Bathrooms
2,844 sqft
Square Feet
1953
Year Built
7,571 sqft
Lot Size
$462
Price/Sq Ft
4
Garage Spaces
N/A
HOA
Quadruplex
Property Type
**FOUR-UNIT DOWNEY INVESTMENT OPPORTUNITY | $7,149 CURRENT MONTHLY RENT.** Welcome to 7964 Farm Street, Downey—a well-located four-unit residential income property offering an excellent opportunity for investors seeking an established rental asset in a desirable Los Angeles County community. The property consists of four separately addressed residential units: 7964, 7966, 7968 and 7968.5 Farm Street. The unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath unit, totaling 6 bedrooms and 4 bathrooms. The property currently generates **$7,149 per month in scheduled rental income, or $85,788 annually**, providing an established income stream for the next owner. Current monthly rents are $1,611 for 7964, $1,982 for 7966, $2,040 for 7968, and $1,516 for 7968.5. An additional attraction is the stability of the existing tenancy. The current rent roll reflects long-term occupants, with move-in dates ranging from 2006 through 2017, offering a buyer the opportunity to acquire an income-producing property with established rental history and reduced lease-up risk. **CURRENT RENT ROLL:** 7964 Farm Street — 1 BR / 1 BA — $1,611/month; 7966 Farm Street — 2 BR / 1 BA — $1,982/month; 7968 Farm Street — 2 BR / 1 BA — $2,040/month; 7968.5 Farm Street — 1 BR / 1 BA — $1,516/month. **Total: 4 Units | 6 Bedrooms | 4 Bathrooms | $7,149 Monthly Rent | $85,788 Annual Scheduled Rent.** The three 2-bedroom units offer attractive layouts for households seeking additional living space, while the 1-bedroom unit provides a complementary rental option. Located in Downey, the property benefits from convenient access to major transportation corridors, employment centers, shopping, dining and amenities throughout Southeast Los Angeles and surrounding communities. For investors, 7964 Farm Street offers the combination of four separate income-producing residences, established tenants and a proven rental history. The diverse unit mix and long-term occupancy provide a solid foundation for continued rental income while offering potential for future rent growth. Whether you're an experienced multifamily investor or looking to add your first income property, this is an opportunity to acquire an established asset in a highly accessible Southern California market. **7964 Farm Street—four units, four income streams, one opportunity.**
Listing description from the November 2026 sale, as reported to CRMLS.
Earthquake data is shown from a real public source (USGS)
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1 recorded sale
7964 Farm sold for $1,315,000 in November 2026, 1.2% over its $1,299,000 list price, after 17 days on the market. Across 83 closed sales in 90241 over the last 12 months, the median sold price is $925,000 and the median is $571 per square foot.
| Quarter | Closed sales in 90241 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $892,500 |
| Q2 2026 | 35 | $961,000 |
| Q3 2026 | 29 | $975,000 |
| Q4 2026 | 11 | $820,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Downey · Homes for sale in 90241
Closed sales reported in 90241, nearest first, last 12 months. All recent sales in Downey →
7964 Farm
Contact Steve Morton
Contact via Nalren messaging
Contact Listing Agent
Irvine Ranch Realty
DRE #01128445
Contact information is not available for this listing.