7915 Harper

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7915 Harper

Downey, CA 90241
Asking Price
$1.60M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential building located in Downey, California
  • Asset consists of two total apartment units
  • Current asking price is set at 1,599,999 dollars
  • Property situated within the established Los Angeles metropolitan area
  • Located at the specific address of 7915 Harper

What's Special

Downey serves as a central hub within the Gateway Cities region of Los Angeles County, characterized by established residential neighborhoods and steady demand for rental housing. This multifamily asset provides two units within a stable urban environment, offering a straightforward investment for those seeking a value-add or stabilized residential holding. The property occupies a strategic position for commuters, benefiting from close proximity to major Southern California thoroughfares and regional transit networks that connect the site to the broader metropolitan economy. Given its configuration and apartment building classification, the asset is suitable for investors looking to balance portfolio risk within a dense, high-demand submarket. The stable demographic profile of the surrounding Downey community supports long-term occupancy prospects for individual apartment units in this location.

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.922
Annual Cash Flow
$-14,991.065

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