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We are proud to exclusively present the opportunity to acquire 955 South Downey Road, a multifamily investment located in the unincorporated area of Los Angeles, California. This six-unit property is situated on a 7,388-square-foot lot with a total building area of 4,372 square feet. The property is composed of a well-balanced mix of two one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. Key amenities include an on-site laundry facility, an upgraded electrical panel, six tuck-under parking spaces, and additional open parking. Each unit is individually metered for gas and electricity, with separate hot water heaters for enhanced efficiency.955 South Downey Rd is located in a prime, well-connected opportunity zone of Los Angeles, offering a blend of convenience and accessibility. Situated in the heart of one of the city's dynamic neighborhoods, this location provides easy access to major highways (I-710, I-5,I-10, CA-60 & Highway 101), public transportation, and key commercial and residential areas. It is strategically positioned approximately six miles east of the vibrant Downtown Los Angeles, making it ideal for businesses and residents who value proximity to city amenities, entertainment hubs, and cultural attractions, while having the option to live in a more tranquil neighborhood. In addition, the apartment building is within a three-mile radius of several key landmarks and institutions including East Los Angeles College (ELAC), Citadel Outlets, and the brand new Topgolf located in Montebello. As one of the largest community colleges in the Los Angeles Community College District, ELAC’s main campus spans about 25 acres and serves over 15,000 students annually with a high transfer rate to four-year universities. Known for being one of the premier shopping destinations in the region, Citadel Outlets is located nearby and serves as a key retail landmark. Offering designer brand outlets and a wide array of dining and entertainment options, Citadel attracts both local shoppers and visitors from across the greater Los Angeles area. Last but not least, Topgolf Montebello opened its doors on May 3rd, 2024, marking the company’s 100th global outdoor Topgolf venue. It is a premier destination for an interactive social golfing experience, combining cutting-edge technology, fun games, delicious food, and a lively atmosphere for all ages, from golf novices to seasoned pros.
Property Type(s):
Residential Income
| Last Updated | 1/13/2025 | Year Built | 1949 |
|---|---|---|---|
| Community | Not Defined | County | Los Angeles |
Additional Details
| AREA | Not Defined |
|---|---|
| LOT | 7388 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | LCR4YY |
Location
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Listed with MARCUS & MILLICHAP
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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