8105 Orange St, Downey, California 90242, Downey, 90242 - bed, bath
ACTIVE UNDER CONTRACT$2,325,000
8105 Orange St, Downey, California 90242
0Bed
0Bath
8,244Sqft
16,141Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Investment: The property comprises six 2-bedroom, 1.5-bathroom townhouse-style units, offering a robust multi-family investment opportunity with diversified income streams.
Top Cons:
Aging Infrastructure: The 1978 construction date suggests that major building systems (e.g., plumbing, electrical, roofing, HVAC) are aging and may require significant capital expenditures in the near to medium term, despite current maintenance.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1978 (47 years old).
Condition: The property was built in 1978, making it 46 years old. While the description states it is 'very well maintained,' there are no interior images provided to assess the condition, style, or features of the kitchens, bathrooms, flooring, or appliances. The absence of such photos, combined with the property's age, strongly suggests that these critical areas, if not recently renovated, are likely outdated, even if functional. The AI analysis also points to 'aging infrastructure,' indicating that major components may be functional but show signs of age. Without evidence of extensive renovations within the last 15-30 years, the property falls into the 'fair' category, requiring minor updates or repairs to meet current aesthetic and functional standards.
Year Built
1978
Close
-
List price
$2.33M
Original List price
$2.33M
Price/Sqft
$282
HOA
-
Days on market
-
Sold On
-
MLS number
NP25263920
Home ConditionFair
Features
Deck
View-
About this home
Pleased to present the opportunity to acquire The Orange St Townhomes in Downey. The property offers six 2 bedroom 1.5 bathroom townhouse-style units with an attached two-car garage for each unit. Tenants enjoy the spacious units containing washer and dryer hookups and a large covered balcony. Constructed in 1978, the property has been very well maintained providing an effortless investment and producing strong income with upside potential.
Condition Rating
Fair
The property was built in 1978, making it 46 years old. While the description states it is 'very well maintained,' there are no interior images provided to assess the condition, style, or features of the kitchens, bathrooms, flooring, or appliances. The absence of such photos, combined with the property's age, strongly suggests that these critical areas, if not recently renovated, are likely outdated, even if functional. The AI analysis also points to 'aging infrastructure,' indicating that major components may be functional but show signs of age. Without evidence of extensive renovations within the last 15-30 years, the property falls into the 'fair' category, requiring minor updates or repairs to meet current aesthetic and functional standards.
Pros & Cons
Pros
Multi-Unit Investment: The property comprises six 2-bedroom, 1.5-bathroom townhouse-style units, offering a robust multi-family investment opportunity with diversified income streams.
Desirable Unit Features: Each unit boasts a spacious townhouse layout, in-unit washer and dryer hookups, and a large covered balcony, enhancing tenant appeal and retention.
Attached Two-Car Garages: A significant and highly valued amenity in the market, each unit includes an attached two-car garage, providing convenience and security for tenants.
Well-Maintained Condition: Constructed in 1978, the property is described as 'very well maintained,' suggesting a lower immediate capital expenditure burden for a new owner.
Income Upside Potential: The listing explicitly mentions 'strong income with upside potential,' indicating opportunities for rent growth and value appreciation for an astute investor.
Cons
Aging Infrastructure: The 1978 construction date suggests that major building systems (e.g., plumbing, electrical, roofing, HVAC) are aging and may require significant capital expenditures in the near to medium term, despite current maintenance.
Potential for Below-Market Rents: The stated 'upside potential' often indicates that current rental income may not be maximized, requiring an investor to implement rent increases or unit upgrades to achieve full market value.
Unspecified HVAC System: For a property built in 1978 in Southern California, the absence of a specific mention of central air conditioning could imply units lack this modern amenity, potentially impacting tenant comfort and rentability during warmer months.