Downey, CA 90241,10611 Western Avenue
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$ 2,750,000
Est. payment | /mo

2 Beds

2 Baths

0.34 Acres Lot


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$ 2,750,000
Est. payment | /mo
Save

2 Beds

2 Baths

0.34 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24227487

Bedrooms 2

HOA Y/N No

Lot Size 0.335 Acres

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

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

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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10611 Western Avenue