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Listed by Doug Rodermund • Morgan Skenderian
$ 2,750,000
Est. payment /mo
Pending
10611 Western Avenue Downey, CA 90241
7,988 SqFt
UPDATED:
12/05/2024 11:19 PM
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 7,988 sqft
Price per Sqft $344
MLS Listing ID PW-24227487
Year Built 1968
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.
Location
State CA
County Los Angeles
Zoning DOR3*
Interior
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 1.0
Pool None
Community Features Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944