7411 Arnett Street
Downey, CA, 90241 $ 1,700,000
Bedrooms-- Baths0.0 Sq 3,964 Monthly Estimate*
$ 11,741
for $1,700,000. This 3,964 square foot home was built in 1955 on a lot size of 0.13.
Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.
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FeaturesGeneralLiving Area 3964
Sewer Sewer Paid
Heating Wall Furnace
Zoning DOC4*
Security Features Smoke Detector(s) Carbon Monoxide Detector(s)
Construction Materials Stucco Wood Siding Brick Frame
Year Built 1955
Tenant Pays Electricity Gas
View City Lights
Levels Two
Accessibility Parking
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Downey
Entry Location Ground Level - no steps
Senior Community Y/N false
MLS Area Southwest Downey S of Firestone W of Downey
Lot Size Units Square Feet
Lot Size Square Feet 5616
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Structure Type None
Standard Status Active
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InteriorFlooring Laminate
Total Stories 2
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Baths 0
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ExteriorParking Features Garage - Three Door Parking Space Tandem Garage
Lot Features Yard
Lot Size Area 5616
Foundation Details Slab
Spa false
Building Area Total 3964
Lot Size Acres 0.13
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* Excluded FeaturesList ByDana CoronadoListing Agent
dana@incomepropertiesla.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,741
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Downey, CA
Average List Price $2,039,229
Percent of Sale Price 20%
About Downey, CA 112,576 Population
5% Since 2002
$ 66,810 Median Income
35.34 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/28/2026 | $1,700,000 | | Listed Price |