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7964 Farm, Downey, CA 90241

$1,299,000
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  • —

    bed

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    bath

Multi-family for sale 10 days

About 7964 Farm

Property type Multi-family
Year built 1953
HOA fee $0/month
Lot size 7,571 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
**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.**
Listed by
Listing Agent - Steve Morton
Listing Agent Contact: 949-733-9170
Listing Office - Irvine Ranch Realty
Source: CRMLS mls logo
MLS#OC26204772 • last updated 1 week ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.1738
Lot Size (SqFt) 7571
Year Built 1953
Interior
Laundry None
Exterior
Building Area Square Feet, 2844
# Parking Spaces 4
# Garage Spaces 4
Lot Description 6-10 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Street Lights, Sidewalks
Directions Paramount/FIrestone
APN 6251027008
Multifamily Details
Expense: Trash 3450
Operating Expense 51500
Total Expenses 30739
Expense: Water/ Sewer 600
Gross Income 82239
Expense: Electric 250
Gross Scheduled Income 82239
Expense: Gardener 960
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/1/2026. 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.
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