8721 Lyndora Street

Downey, CA 90242

$1,274,000
Price
8
Beds
4
Baths
3,000 Sq. Ft.
$425 / Sq. Ft.
3,000
Sq. Ft.
$425
per Sq. Ft.

Description

This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up...This FOURplex has four, 2 bedroom/1 bathroom units and is centrally located in Downey near the 105 freeway. The building recently had it exterior repainted and a tune up on its roof. If you are looking to add doors to your real estate investment portfolio, look no further. Each unit has their own electric and gas meters. They each have washer/dryer hook ups in their units. One unit is quite original, while the other three have had some updating. Great neighborhood for rentals as they don't come up very often. This building is located on a quiet cul-de-sac with similar buildings. This is a trust sale and able to be sold quickly if you are interested. The building has a private gated grass area for the tenants for entertainment or gathering purposes. This building is located near the 105, 605, 91 and 5 freeways.
  1. Listed by Jennifer Davis • DRE #01383659 • Brokerage DRE #02202700 • Y Realty • 562-619-1443

Property Details for 8721 Lyndora Street

Architectural Style
Traditional
View
Neighborhood
Parking Spaces Total
8
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Y Realty, Jennifer Davis, DRE #01383659
Add your commute
LISTING UPDATED: 03/27/2024 12:14 AM

Property Details for 8721 Lyndora Street

StatusActive
MLS #PW24004638
Days on Market114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.12 AC / 5,317 SF
CountyLos Angeles County

Location

Listing Courtesy of Y Realty, Jennifer Davis, DRE #01383659
Add your commute

Building Information for 8721 Lyndora Street

Stories2Residences-Year Built1958Building Size-Lot Size0.12 AC / 5,317 SF

Payment Calculator

$7,325 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,953

Property Taxes

$372

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8721 Lyndora Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,080
  • Gross Scheduled Income: $73,080
  • Vacancy Allowance: 0
  • Gross Operating Income: $73,080
  • Net Operating Income: $72,331
  • Number Of Rented Garages: 0
  • Laundry Income: $0
  • Cap Rate: 4.0
  • Current Financing: None
Expense Details
  • Operating Expense: $749
  • Gardener Expense: $1,320
  • Cable TV Expense: $0
  • Pest Control Expense: $600
  • Electric Expense: $0
  • Insurance Expense: $3,095
  • Professional Management Expense: $4,384
  • Trash Expense: $2,688
  • Total Expenses: $5,940
Tax / Assessment Info
  • Tax Tract Number: 21577
  • Tax Census Tract: 5517.00
  • CFD/Mello-Roos Fee: $1,023
  • Tax Lot: 4
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Gutters
Property / Structure Info
Interior Features
  • Appliances: Gas Cooktop
  • Equipment: In Kitchen, Inside
  • Interior Features: Ceiling Fan(s), Recessed Lighting
  • Room Type: Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: In Kitchen, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Flat
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway, Oversized
  • Uncovered Spaces: 8
  • Open Other Spaces Total: 8
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Oversized
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,625
  • Unit Type Total Rent: $19,500
  • Unit Type Pro Forma: 24000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,290
  • Unit Type Total Rent: $15,480
  • Unit Type Pro Forma: 24000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,625
  • Unit Type Total Rent: $19,500
  • Unit Type Pro Forma: 24000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $18,600
  • Unit Type Pro Forma: 20400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 8721 Lyndora Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8721 Lyndora Street

Taxable ValueLand$96,609Additions$194,629Total$291,238
Tax Record2023$4,469 ($372 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtLot Size5,317 SqFtStyleQuadraplexYear Built1958ZoningDOR3*CountyLOS ANGELESAPN6263-006-013

Schools near 8721 Lyndora Street

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Carpenter Elementary School
PublicK to 4

Ward Elementary School
PublicK to 5

Sussman Middle School
Public6 to 8

Downey High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8721 Lyndora Street is a multi-family home for sale in Downey, CA 90242. This property was listed for sale on January 8, 2024 by Y Realty, it's currently listed at $1,274,000. This listing's school district is Downey Unified School District. Nearby schools include Carpenter Elementary School, Ward Elementary School and Sussman Middle School. 8721 Lyndora Street is a 8-bed, 4-bath, 3,000 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Y Realty, Jennifer Davis, DRE #01383659

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.