Sold
9116 Hall Road
Downey CA, 90241
$1,948,000
$422.74 per sqft
Sold
11 Beds
7 Baths
4,608 sqft
Residential
Built in 1950
Listed by Daniel Shieh with Lyon Stahl Investment Real Estate, Inc. 310-425-9838
9116 Hall Rd is a huge fourplex located in the highly desirable city of Downey. With a highly desirable unit mix of (1) 3 bed/1 bath front house, (1) 2 bed/2 bath, and (2) 3 bed/2 bath units, the property is generating stellar income. One of the 3 bed/2 bath units is extra large with two family rooms and two entrances that's currently being used by the tenants as a divided 3 bed/1 bath and a studio/1 bath units, connected by a door. Tenants pay for their own electric, gas, and trash. The property also provides a laundry room with one washer and dryer that generates enough additional income to cover water and common area utility expenses. The property is not subject to any local rent control ordinance. Current ownership has proactively managed and maintained the property. The main roof was replaced six years ago. Copper plumbing to the main line, 2 new water heaters, and upgraded electrical panel in Unit D have all been installed within the last 5 years. All units have tile floors, granite countertops and updated kitchen and bathroom cabinets. Eight carports, one garage, and additional driveway parking service the tenants' vehicles. Located on a quiet residential street within the borders of downtown Downey, tenants enjoy the benefits of both worlds. Just blocks away are Lakewood Blvd and Firestone Blvd, lined with restaurants, shops and service providers. If that's not enough, Downey Landing is around the corner, which includes several restaurants, a movie theater, LA Fitness, Staples, Walmart Supercenter, and much more. Just a few minutes in the car will put you on the 105, 605, 5 of 710 Freeways.
23250357
MLSⓇ ID
March 13, 2023
Listed
March 28, 2024
Updated
Map
9116 Hall Road
Downey CA, 90241
Interior Features
Total Stories
2
Bedrooms
11 Beds
Bathrooms
7 Baths
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
D4 - Southeast Downey, S of Firestone, E of Downey
Days on Market
186
Garage
Yes
Garage Spaces
1
Parking
Concrete, Carport, Door-Single, Garage
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
DOR3*
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
10/11/2023 | Price Change | $1,948,000 -1% |
10/11/2023 | Sold | $1,948,000 |
9/15/2023 | Under Contract | — |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:14 PM UTC