Listed by Leslie Carmichael, 714-751-2181 from Coldwell Banker Realty
(If provided) CoList: from
FOUR DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL -- Rare opportunity to acquire four detached two-story single-family residences on one parcel in a desirable Downey location. Built in 1990 and situated on an expansive 20,000+ square-foot lot, the property consists of four detached homes with floor plans ranging from approximately 1,600 to 2,200 square feet. In total, 15 bedrooms, 12 baths between the four units, totaling 7,400 square feet. Each residence features an attached two-car garage, private entrance, and individual yard, offering residents the privacy and feel of single-family living. Owned by the same owner since 2003, the property has been maintained with periodic updates while presenting an opportunity for cosmetic enhancements and modernization. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four residences are currently occupied under month-to-month rental agreements. Current tenancies range from approximately four to more than twelve years, with three of the four tenancies extending approximately nine years or longer. Exceptional occupancy history, with Seller reporting approximately only one to two months of physical vacancy across the four residences during the past five years. Sched
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