Skip main navigation
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
    : 
    $8,892/mo
    Get pre-qualified
    Quadruplex
    Built in 1953
    -- sqft lot
    $1,279,900 Zestimate®
    $457/sqft
    $-- HOA

    What's special

    **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.**
    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#: OC26204772MLS LogoOriginating 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

        DateEventPrice
        9/25/2026Listed for sale$1,299,000$457/sqft
        Source: CRMLS #OC26204772 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90241

        Getting around

        82 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts