11719 Coldbrook AVE Downey, CA 90241

We are pleased to exclusively offer this 5 unit investment property in the highly sought after rental community of Downey. The property has been meticulously maintained by the current owner and is comprised of all single story two-bedroom units. Of the 5 units one unit is a detached two-bedroom/one bathroom detached cottage style unit with a detached garage. The remaining four units are situated among two separate buildings and tenants enjoy onsite car-port parking. Tenants pay for their own electricity and gas usage while the owner pays for water and trash. The current owner has owned the subject property for a number of years and has been very conservative with the rental rates. A new investor can re-position the property with rental increases which would significantly increase the cash on cash return.