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12843 Columbia Way, Downey, California 90242, Downey, 90242 - bed, bath

12843 Columbia Way, Downey, California 90242 home-pic-0
ACTIVE$1,025,000
12843 Columbia Way, Downey, California 90242
0Bed
0Bath
1,760Sqft
6,242Lot
Year Built
1953
Close
-
List price
$1.02M
Original List price
$1.2M
Price/Sqft
$582
HOA
-
Days on market
-
Sold On
-
MLS number
TR25135505
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.02M(50th), sqft - 1760(50th), beds - undefined(50th), baths - undefined(50th).

Well maintained duplex with good tenants in place. Great investment opportunity. Desirable location. Both units have 2 bedrooms and 1 bath, interior laundry and Central AC/Heat. Upgrades include full copper repipe, Oak cabinetry, Remodeled kitchens, Tile flooring and Hardwired smart smoke/co detectors. Owner pays water for both units. Gas and electricity are individually metered and paid by Tenants. 1 unit has a 2 car garage and the other has gated cement pad parking in the yard. Nicely landscaped yards with fruit trees. Good tenants in place. Rents currently close to market rate. Close to Kaiser, LA County Office of Education, Shopping, Restaurants and Freeway Access. Pics taken when previously vacant. Please do not disturb Tenants!

Price History

Date
Event
Price
11/07/25
Price Change
$1,025,000-2.3%
10/22/25
Price Change
$1,049,000-4.6%
09/12/25
Price Change
$1,100,000
06/17/25
Listing
$1,200,000
06/16/06
Sold
$655,000
Condition Rating
Good
The property, built in 1953, has undergone significant and extensive renovations, including a full copper repipe, remodeled kitchens, tile flooring, and the installation of Central AC/Heat and hardwired smart smoke/CO detectors. The presence of a Nest thermostat further indicates modern system updates. While the kitchen's oak cabinetry and speckled countertops, along with some carpeted areas, suggest the renovations may not be ultra-recent (within the last 5 years), they are clearly well-maintained and functional, making the property move-in ready with no immediate renovation required. The overall condition aligns with a property extensively renovated within the last 5-15 years, with major systems being functional and updated.
Pros & Cons

Pros

Strong Investment Potential: This duplex offers immediate and stable income with good, established tenants already in place and rents currently close to market rate.
Extensive Modern Upgrades: Significant recent improvements such as a full copper repipe, remodeled kitchens, Central AC/Heat, interior laundry, and hardwired smart smoke/CO detectors reduce immediate capital expenditures for a new owner.
Prime Location: Situated in a desirable area of Downey, the property boasts convenient access to major employers (Kaiser, LA County Office of Education), shopping, dining, and freeway access, enhancing its appeal to tenants.
Tenant-Centric Features: Each unit includes essential amenities like interior laundry and Central AC/Heat, complemented by nicely landscaped yards with fruit trees and ample parking options (2-car garage for one unit, gated cement pad for the other).
Favorable Utility Structure: Gas and electricity are individually metered and paid by tenants, which significantly minimizes the owner's ongoing utility expenses.

Cons

Owner-Paid Water Utility: The owner is responsible for water costs for both units, representing a recurring operational expense that directly impacts the net income of the property.
Restricted Showings & Condition Visibility: The directive to 'not disturb Tenants!' and the use of photos taken when previously vacant limit potential buyers' ability to fully assess the current interior condition and conduct thorough showings.
Age of Property: Built in 1953, the property is over 70 years old. While upgraded, older construction can sometimes lead to unforeseen maintenance issues or higher insurance costs compared to newer builds.

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