$2,785,000
$2,750,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
10611 Western Avenue Downey, CA 90241
2 Beds
2 Baths
0.34 Acres Lot
Key Details
Sold Price $2,785,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24227487
Sold Date 01/06/25
Bedrooms 2
HOA Y/N No
Lot Size 0.335 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a 7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.
Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a 7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.
Location
State CA
County Los Angeles
Area Downey (90241)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $166
Acceptable Financing Cash, Conventional
Space Rent $2,306
Listing Terms Cash, Conventional
Financing Cash
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with General NONMEMBER • NONMEMBER MRML