**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 two 2-bedroom/1-bath units and two 1-bedroom/1-bath unit, totaling 6 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 — 1 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 | 6 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.**
For sale
Listed by: Irvine Ranch Realty • Steve Morton • Contact: 949-733-9170
$1,299,000
7964 Farm St, Downey, CA 90241
6beds
4baths
2,844sqft
Quadruplex
Built in 1953
-- sqft lot
$1,279,900 Zestimate®
$457/sqft
$-- HOA
What's special
- 15 days
- 797
- 59
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Steve Morton DRE #01128445 949-733-9170,
Irvine Ranch Realty
Source: CRMLS,MLS#: OC26204772
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: ground
- Pool features: None
Lot
- Size: 7,571 Square Feet
- Features: 6-10 Units/Acre
Details
- Parcel number: 6251027008
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Downey
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $1,208,283
- Date on market: 9/25/2026
- Cumulative days on market: 15 days
- Listing terms: Cash to New Loan
Estimated market value
$1,279,900
$1.22M - $1.34M
$3,120/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2026 | Listed for sale | $1,299,000$457/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,208,283 +2% |
| 2025 | $15,300 +1.8% | $1,184,597 +2% |
| 2024 | $15,029 +321.2% | $1,161,375 +456.8% |
| 2023 | $3,568 +4.3% | $208,567 +2% |
| 2022 | $3,422 +4.8% | $204,483 +2% |
| 2021 | $3,265 +1.3% | $200,479 +1% |
| 2020 | $3,224 | $198,427 +2% |
| 2019 | $3,224 +9.2% | $194,542 +2% |
| 2018 | $2,952 | $190,733 +2.1% |
| 2017 | $2,952 +1.7% | $186,758 +2% |
| 2016 | $2,902 +2.5% | $183,097 +1.5% |
| 2015 | $2,831 +5.7% | $180,348 +2% |
| 2014 | $2,679 | $176,816 +4.5% |
| 2011 | -- | $169,185 +0.8% |
| 2010 | -- | $167,922 -0.2% |
| 2009 | -- | $168,322 +2% |
| 2008 | -- | $165,022 +4% |
| 2006 | -- | $158,616 |
| 2005 | -- | $158,616 +4% |
| 2004 | -- | $152,459 +1.9% |
| 2003 | -- | $149,666 +2% |
| 2002 | -- | $146,732 +4% |
| 2000 | -- | $141,036 |
Find assessor info on the county website
Monthly payment
Est. payment




