Northwest Downey, N of Firestone, W of Downey (D2) Homes with Quadruplex Subtype

Welcome to Northwest Downey, a charming and vibrant neighborhood nestled in the heart of Downey, California. Located north of Firestone Boulevard and west of Downey Avenue, this area boasts a unique blend of suburban tranquility and urban convenience. With its prime location in Los Angeles County, residents enjoy easy access to major freeways, shopping centers, and a variety of dining options, making it an ideal place for families and professionals alike.

One of the standout features of Northwest Downey is its diverse housing options, including the increasingly popular quadruplex homes. These multifamily residences offer an exceptional opportunity for both investors and homeowners. Each quadruplex typically consists of four separate living units, providing ample space for families or a lucrative rental income potential for those looking to invest in real estate. With the growing demand for rental properties in the area, quadruplex homes present a smart investment choice, allowing owners to capitalize on the thriving rental market.

The neighborhood itself is characterized by its well-maintained streets, friendly community atmosphere, and proximity to parks and recreational facilities. Residents can enjoy leisurely strolls through nearby parks or partake in community events that foster a strong sense of belonging.

Whether you're looking to settle down in a welcoming community or seeking a promising investment opportunity, Northwest Downey offers the perfect blend of comfort, convenience, and potential. Explore the possibilities of quadruplex living in this delightful neighborhood and discover why so many are choosing to call Northwest Downey home!

Newest Northwest Downey, N of Firestone, W of Downey (D2) Homes with Quadruplex Subtype

$1,299,000

OC26204772 MLS ⋅ Active Status

**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 three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, totaling 7 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 — 2 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 | 7 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.**

7964 Farm, Downey

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.