Downey, CA 90241,10518 Western Avenue
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$ 3,700,000
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10518 Western Avenue Downey, CA 90241

5 Beds

5 Baths

0.4 Acres Lot


UPDATED:

11/05/2024 02:49 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24227517

Bedrooms 5

HOA Y/N No

Lot Size 0.399 Acres

Property Description

This well-maintained 11,059 SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.
This well-maintained 11,059 SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.

Location

State CA

County Los Angeles

Area Downey (90241)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $291

Acceptable Financing Cash, Conventional

Space Rent $1,856

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Doug Rodermund • Morgan Skenderian

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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10518 Western Avenue