Let’s Connect
Real Consultants
850-523-4897
info@realconsultantsonline.com
Mortgage & Real Estate Services Inc
8141 2nd St #420
Downey, CA
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- OC26203300
- Year Built:
- 1938
- Photos (27)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager!
- Property Sub Type:
- Apartment
- Property Attached:
- Yes
- Lot Area:
- 17,038 sq. ft.
- Bathrooms:
- - (Full:-, Half:-)
- Year built:
- 1938 (Age: 88)
- General Listing Location:
- Huntington Park, T1 - Vernon
- County Or Parish:
- Los Angeles
- Tenant Pays:
- All Utilities
- Common Interest:
- None
- Gross Income:
- $334,146
- Gross Scheduled Income:
- $334,146
- Net Operating Income:
- $221,625
- Rent Control:
- Yes
- Land Lease:
- No
- Electric Expense:
- $2,162
- Fuel Expense:
- $0
- Insurance Expense:
- $12,585
- Operating Expense:
- $102,497
- Professional Management Expense:
- $16,206
- Trash Expense:
- $6,550
- Water and Sewer Expense:
- $3,562
- Tax Lot:
- 1
- Sep 18, 2026
- Drive E on Florence Ave, Right turn on Middleton
- Number of Buildings:
- 9
- # of Electric Meters:
- 15
- # of Gas Meters:
- 15
- # of Water Meters:
- 15
- Community Features:
- Suburban, Sidewalks
- Senior Community:
- No
- Laundry Features:
- None
- Pool Features:
- None
- Private Pool:
- No
- Lot Features:
- 6-10 Units/Acre
- Num Stories:
- 2
- Entry Level:
- 2
- Entry Location:
- Ground
- New Constr.:
- No
- Common Walls:
- 2+ Common Walls
- # Units:
- 15
- Utilities:
- Sewer Not Available
- Water supply:
- Public
- Sewer:
- None
- Garage Spaces:
- 6
- Total Parking Spaces:
- 6
- Special Listing Conditions:
- Standard
- Parcel Number:
- 6321023020
-
Photo 1 of 27 -
Photo 2 of 27
-
Photo 3 of 27
-
Photo 4 of 27
-
Photo 5 of 27
-
Photo 6 of 27
-
Photo 7 of 27
-
Photo 8 of 27
-
Photo 9 of 27
-
Photo 10 of 27
-
Photo 11 of 27
-
Photo 12 of 27
-
Photo 13 of 27
-
Photo 14 of 27
-
Photo 15 of 27
-
Photo 16 of 27
-
Photo 17 of 27
-
Photo 18 of 27
-
Photo 19 of 27
-
Photo 20 of 27
-
Photo 21 of 27
-
Photo 22 of 27
-
Photo 23 of 27
-
Photo 24 of 27
-
Photo 25 of 27
-
Photo 26 of 27
-
Photo 27 of 27
Listed by Pat Swanson
Data was last updated September 21, 2026 at 04:40 PM (UTC)
- DEVLIN DUARTE
- 1 (562) 4593854
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 at 04:40 PM (UTC) and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Office Address:
8141 2nd St #420
Downey, CA, 90001