7964 Farm Downey, CA $ 1,299,000
7964 Farm
$ 1,299,000
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7964 Farm

Downey, CA, 90241
$ 1,299,000
Bedrooms-- Baths1.0 Sq 2,844

Monthly Estimate*

$ 8,202

Listed by Steve Morton, Irvine Ranch Realty, steve@stevemorton.com
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Multi-Family Home for sale in Downey, CA

for $1,299,000 with 1 full bath. This 2,844 square foot home was built in 1953 on a lot size of 0.1738.

**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.**

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Multi-Family Active

Price

$ 1,299,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1738

Year Built

1953

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

OC26204772

Days on Market

8

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1953
Property Subtype Quadruplex
Gross Income 82239
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 30739
Operating Expense 51500
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Paramount/FIrestone
City Downey
Entry Location ground
Senior Community Y/N false
Number Of Units Total 4
MLS Area D2 - Northwest Downey N of Firestone W of Downey
Lot Size Units Square Feet
Lot Size Square Feet 7571
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 250
Fuel Expense 0
Trash Expense 3450
Water Sewer Expense 600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Quadruplex
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features None
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 7571
Number of Buildings 2
Building Area Total 2844
Lot Size Acres 0.1738
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Steve Morton

Listing Agent

Irvine Ranch Realty

Broker

steve@stevemorton.com

Email

Affordability Calculator

$8,202
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,202
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2026$1,299,000 Listed Price

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7964 Farm, Downey, CA, 90241 is a Multi-Family Home for sale at $1,299,000 with 2,844 sqft and a lot size of 0.1738. 7964 Farm has 1.0 baths and was built in 1953. The property's zip code is 90241 which is in Downey, CA