$3,750,000
$3,700,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
10518 Western Avenue Downey, CA 90241
5 Beds
5 Baths
0.4 Acres Lot
Key Details
Sold Price $3,750,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24227517
Sold Date 01/06/25
Bedrooms 5
HOA Y/N No
Lot Size 0.399 Acres
Property Sub-Type Res Income 2-4 Units
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
Financing Cash
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Bought with General NONMEMBER • NONMEMBER MRML